People who play contracts face liquidation every day. What's strange is that so many people continue to rush in despite their losses.

The reason is actually very simple: most people do not understand what they are really playing with.

Many see the platform indicating '5x leverage' or '10x leverage' and truly believe they are using 5x.

But have you thought about it? If you have 10,000 U in your account but can only afford to lose 500 U, and yet you open a position worth 30,000 U—Is that really 5x?

No, that equates to using dozens of times the hidden leverage, bearing the risk. If the market shakes a little, you are done. You are not trading; you are the 'fuel' for liquidity, the source of others' profits.

So how do those who actually make money with contracts think?

They regard contracts as a precise risk management tool. Where does the profit come from? Part of it comes from the chips left behind by those who blindly over-leverage and face liquidation.

Their rhythm is completely different: they spend 70% of their time waiting, observing, and staying still. They only act decisively when the market presents clear, high-probability opportunities.

When they profit, they capture the big moves; when they are wrong, they cut losses as planned. Most people, however, do the opposite: they trade frequently every day, creating the illusion of losses through busyness, and ultimately their money turns into transaction fees.

To survive in the game of contracts, the key lies in two words: restraint.

When others panic and cut losses due to a crash, you need to see whether it’s an opportunity. When others chase prices madly during a surge, you must remain clear-headed.

Strictly lock in every loss (for example, no more than 2% of the principal), but once you identify the right direction, let the profits run fully, rather than taking a small gain and running.

Some say contracts are gambling. In fact, mindlessly over-leveraging and betting on instincts is gambling. Winning through calculating risks, with discipline and probability, is called trading.

Walking alone makes one easy to lose their way, and also easy to make impulsive decisions due to loneliness. The path has always been there; it just depends on how you choose to walk it.

When it’s dark, there is light—your trading plan and discipline; when it rains, there is an umbrella—your position that never goes out of control.

Real change often starts with a clear understanding of reality.