$XNY Many people think that as long as the direction of the contract is judged correctly, they can naturally make a profit.

$AIOT But only after entering the market will one understand: the market has never been calculated this way.

$STABLE In my first year of trading contracts, I lost 730,000 in six months.

The most ironic thing is that — I judged all directions correctly, yet the funds still evaporated.

Until I re-examined my delivery notes, I realized that:

What I lost was not the market, but being repeatedly led by market makers.

Trap 1: Impulsive entry.

As soon as the market moves, I rush to open positions, and when I see a breakout, I heavily invest.

But breakouts are often not the starting point; they are specifically designed for emotional traders' “meat grinders.”

The faster you enter, the harsher the washout.

Trap 2: Rigid stop-loss.

The volatility of contracts is already large, yet I use a rigid 3%-5% stop-loss to frame the market.

This kind of stop-loss is not protection, it’s a live target.

I have been swept out three times in a row by “false breaks,”

then watched the market soar in my direction, but I could never get back in.

Only later did I understand:

A stop-loss is not a number, but a rhythm.

It needs to adjust along with the volatility, rather than being fixed by emotions.

Trap 3: Heavy betting against the market.

Many people feel that “if the direction is right, they will win,” so they dare to go all in.

But trading contracts is not a directional game, it's a volatility game.

If the direction is right, just two opposite K-lines midway can still clear you out.

The night I got liquidated, when I saw my balance hit zero, that feeling of suffocation is something I will never forget.

Those lessons forced me to set three iron rules for myself:

1. Never go all in, split the position into three parts;

2. Follow the volatility with stop-losses, rather than stubbornly guard a number;

3. Do not enter the market when uncertain; being out of the market is also a position.

With these three rules, I went from continuous setbacks to gradual stability,

In one year, I achieved a threefold growth in my account.

In the crypto space, those who can ultimately survive are not the ones who can predict accurately,

but those who can control themselves and avoid traps.

I have walked this road and stepped into pitfalls.

If you don’t want to continue groping in the dark,

I have a path that I have traveled and repaired —

Whether to walk it or not, you decide for yourself.