Want to make money in contracts? First, understand the underlying logic of this thing.
In simple terms, a contract is a tool that magnifies your judgments by N times—whether you bet on rising or falling, the profits and losses will also be magnified. Before entering, you need to think about one thing: can you accept losing all this money? If not, don’t even think about it.
Before opening an order, you need to have a complete battle plan. For example, if you judge that $BTC will rise in the next hour, you should set several key parameters in advance: how much money will you put in this time? My suggestion is to keep it under 10% of your total funds; staying alive is more important than anything else. How much leverage should you use? It's best for beginners to keep it within 5 times; don’t be tempted by those 50 times or 100 times offers.
More importantly, set your stop-loss and take-profit levels. How much of a price reversal will you accept before you exit? At what level will you run when you’re satisfied with the rise? These must be set before you open a position, rather than making impulsive decisions while watching the market. Many exchanges have conditional order functions; set them in advance to avoid being reluctant to cut losses or being too greedy later.
Executing the plan tests human nature the most. Stick to your plan and don’t change your mind due to extreme fluctuations in the market. If you make money, don’t get carried away; the first thing to do should be to withdraw a part or reduce leverage, rather than going all in thinking about getting rich overnight. Regularly review your trading records, see which judgments were correct, which were wrong, and why.
I must pour cold water on this: in this market, risks always outweigh opportunities. What you think is "precise judgment" is just luck in front of the market. Under high leverage, an ordinary pullback can cause you to be liquidated. Those wealth screenshots that circulate wildly online are either extreme cases that are one in a million or edited images to deceive traffic.
If you really want to try, start by opening a demo account to practice. Before putting real money in, experience what market fluctuations and the despair of liquidation feel like in a virtual environment. Shift your goal from "how much money do I want to make" to "can I survive"; this is the most basic respect for the market.
To be realistic, most people who engage in contracts end up losing money and leaving. If you still decide to enter, treat it as a form of cultivation—cultivating discipline, mindset, and risk management skills. The market will teach you how to behave, but the tuition can be quite expensive. $BTC #合约爆仓
