Last week, I couldn't take it anymore and directly blocked a so-called 'teacher' who was calling trades. He urged his followers to go all in with 20x leverage on $ETH , claiming, 'The market is stable, doubling is no problem.'
What happened? That night, the funding rate turned positive, and short sellers took the opportunity to harvest wildly, leaving the bulls crying and doubting their lives overnight.
Many people in the crypto world make the mistake of treating contracts like a casino.
'I'm lucky today, and I'll be lucky tomorrow'—this kind of thinking is precisely the prelude to getting liquidated.
The core of contracts has never been about betting on luck,
but about calculations: calculating positions, calculating risk, calculating drawdowns, calculating psychological tolerance.
If you dare to blindly go all in, even if the direction is correct,
a small fluctuation can bring you back to reality.
Many newcomers lose money, not because the market is hard to understand,
but because they are too greedy, too impatient, and too trusting of others' claims of 'absolute profit.'
You think the teacher is accurate,
but in fact, every leveraged instruction is testing your psychological tolerance.
The correct way to play is actually very simple:
light positions, bearable, understanding take profit and stop loss.
When the market rises, don’t chase wildly;
when the market falls, don’t stubbornly hold on.
The account curves of experienced traders never look like the rosy charts drawn by calling teachers.
They are steady, slow, yet grow thicker over time;
while a novice's account is like fireworks, dazzling,
gone in an instant.
In contracts, the principal is the lifeblood, and the position is the edge of a knife.
Those who don’t understand how to calculate risk,
are equivalent to walking on a tightrope with their eyes closed—
one misstep, and the entire account could fall.
So stop blindly following others,
and don’t hand your principal over to someone else's mouth.
