Contract traps unveiled, a must-read survival guide for beginners!

A few days ago, a new friend excitedly told me: “Brother Yan, I want to play contracts, and I’ll turn my fortunes around with just one trade!

” This instantly brought me back to the past—I once naively thought that contracts were a shortcut to getting rich.

I rushed into the contract market with high hopes, only to lose all my capital in less than three days. That night of liquidation, I stared at the screen, my mind blank; in that moment, I finally realized: contracts are not a quick way to make money, but clearly a fast lane to losing money!

Fortunately, a senior enlightened me: “If you can’t even set a stop-loss, how can you talk about making money?” It was only after that that I learned to truly survive in the contract market. If you also want to survive in this brutal market, be sure to remember these three things:

1. Low leverage, respect the market

Leverage is like a double-edged sword; for beginners, high leverage is a deadly poison. Don’t let high returns cloud your judgment; use low leverage to feel the market's fluctuations, and maintain a respectful attitude—that’s the best way to protect yourself in the market.

2. Mandatory stop-loss, never take chances

Stop-loss is not a restraint, but your amulet. Holding onto a position and hoping for the best will only lead you deeper into trouble. Now, when I take positions, I strictly follow the mandatory stop-loss principle; no stop-loss, absolutely no entry. Only by holding the bottom line can you avoid greater losses.

3. Restrain impulses, refuse to be cut

Impulsiveness is the most terrifying enemy in the contract market. Chasing highs and selling lows may seem like seizing opportunities, but in reality, you’re just giving money to the market. All my painful liquidation experiences were due to impulsiveness. Staying calm is key to seeing the truth of the market.

Contracts are like a fire; if used well, they can warm you, but if not, they will burn you. Survive in the market, and there will always be opportunities to turn things around; once you fall, you won’t even see the shadow of an opportunity.

If you’re planning to try contracts, or if you’ve already been harshly taught by the market, don’t lose heart!

Every veteran was once a beginner; the key is whether you choose to lie down and give up, or face the pain and grow through transformation. #加密市场观察

If you are willing to start from “surviving,” I will walk the next path with you! @炎皇论趋势