Many brothers asked me: "Can contracts really be touched?"

Today, I won't talk about grand theories. I'll share the truth I learned after being rubbed into the ground by the market.

$BOB $AIA $SXP

When I first entered the circle, I was also very naive.

I thought contracts were a chosen fast-pass mode,

Double up when the direction is right,

Reverse and go back when the direction is wrong,

It seemed like I could get rich overnight with just a few clicks.

But what happened?

I never saw riches,

But I've seen several rounds of huge losses.

Later, I realized:

Contracts aren't gambling; they are a weapon.

If used well, you can feast; if used poorly, it can send you away directly.

1. What exactly are contracts? In one sentence: You're not buying coins; you're buying direction.

Go long when bullish, go short when bearish,

What you earn is not from holding positions, but from volatility.

It sounds simple,

But the real difficulty is being able to stay steady.

2. Perpetual vs Delivery? Don’t think about it; beginners only use perpetual.

Perpetual contracts: no expiration date, easy to handle, easy to understand, can sustain life.

Delivery contracts: need to watch the time, calculate the rhythm, understand the logic.

Beginners playing delivery? That's not just challenging yourself; it's risking your life.

3. Leverage, forced liquidation, stop-loss — if you don't understand these three, don't say you're trading contracts.

Leverage is a magnifying glass.

The higher the multiple, the more deadly the volatility.

A steady start is 3–5 times at minimum.

Forced liquidation is when the system sees you’re about to go bust and kicks you out directly.

If your leverage is too high, when the market sneezes, you say goodbye.

Stop-loss is your last retreat.

It's not embarrassing; it's self-rescue.

4. The truly powerful aren't the techniques; it's risk control.

Those who survive until the end are always those who:

Before opening a position, know "how much I can lose at most."

Remember these few rules; they are your lifeline:

Don't gamble your living money.

Don't let a single loss exceed 3% of your total capital.

Prioritize trading BTC and ETH — their trends are clean and don't have erratic spikes.

Avoid the chaotic hours in the early morning; the market can mess up so badly that it sends you back home directly.

To say the harshest but truest thing:

Contracts aren't there to make you rich; they expose human nature.

If your heart isn't steady, and you're anxious and fast with your hands, it can reveal your true self in a second.

If you're a beginner: practice with a simulated account to master the basics.

If you’ve already lost a lot: stop, calm down, and reorganize the rules.

The market is always there,

Losing your capital is when you've truly lost.