In the past few days, the backend has been flooded with requests for help from futures beginners. Some lost 30,000 USDT in just three days, while others had their accounts wiped out right after depositing due to 'whipsawing'.

The most terrifying aspect of the futures market is not the market fluctuations, but the deadly traps that beginners inevitably fall into.

Today, I will expose these pitfalls and help you protect your capital.

First pit: Leveraging to the max to gamble for a turnaround.

Beginners often cling to the fantasy of 'getting rich overnight' and immediately open positions with 50x or 100x leverage.

However, futures trading relies on risk control, not just courage. If the market moves against you by just 2%, a high-leverage account can go to zero instantly.

I always use 3-5x leverage, which can withstand 20% volatility; leaving enough room for adjustments is the prerequisite for survival.

Second pit: Stubbornly holding without stop-loss.

'Wait a bit longer for a rebound' or 'cutting losses at 50% is too painful'—I've heard these excuses too many times.

Last week, a fan held onto XRP despite a 40% loss and ended up getting liquidated by a single large bearish candle.

Set a stop-loss when opening a position, and move the stop-loss line up to lock in profits after making gains; this is the survival rule for futures trading.

Third pit: Going all-in to gamble on opportunities.

The mindset of 'opportunities are rare, let's go all in' is essentially giving away money.

I taught a formula: Position size = Capital × 2% ÷ Leverage.

For example, with a capital of 10,000 USDT and 10x leverage, the maximum single position would be 200 USDT; even if liquidated, it won't harm your core capital.

Fourth pit: Being led by emotions.

Chasing highs during a surge, cutting losses during a drop—80% of liquidations stem from this FOMO mentality.

I never stare at the charts late at night; I prepare a trading plan in advance: enter at the target price, exit when hitting the stop-loss, and eliminate emotions from trading.

Fifth pit: Not understanding the exchange's tricks.

Many novices only realize how deep the water is after being badly burned by 'whipsawing' and 'slippage'.

Always choose mainstream platforms; before extreme market conditions or major news, either reduce your positions or stay on the sidelines—don't become the next target for liquidation.

The futures market is brutal but fair; those who make money are not necessarily the boldest gamblers, but rather those who understand how to avoid pitfalls.

If you want to avoid these traps and achieve steady profits, feel free to come talk to me.

In the past, I wandered aimlessly in the dark; now, the light is in my hands.

The light is always on; will you follow? @不贪的阿 K