From 56.78U to seven figures: Eight years of contracts, I only understand the word 'survive'
In the early hours of January 2018, the blue light from the screen reflected on my face, my fingertips stiff—having just touched contracts, I watched in disbelief as my account shrank from six figures to 56.78U in just three minutes.
In the darkness, all that remained was the heartbeat pounding painfully against my eardrums, and I only realized when the cigarette butt burned my hand that this was the market's first slap in the face.
Eight years have passed, from that 56.78U to seven figures, my greatest insight has never been 'how to earn', but rather 'how to survive'.
Contracts are never a gambling table; they resemble an operating table, and every operation must be calculated to the bone.
Position is the lifeline. I have set a strict rule: a single loss must not exceed 1% of total capital.
Don’t laugh at this rule as being timid. On the night of '5·19' bloodbath in 2021, while messages of liquidation filled the screen around me, my account only retraced 12%.
The calculation is simple: with a capital of 10,000U, if I set a stop loss at 10%, the position must be controlled within 100U (10,000×1%÷10%). This is not an arithmetic problem; it's a matter of survival—being conservative has always been more dignified than going to zero.
Stop losses must also be ironclad. I have seen too many people adjust their stop losses when they fall, only to fall again and retreat until there is nowhere left to go.
Once I set a point, I will not budge, without excuses of 'wait a bit longer' or 'it will bounce back'.
If I’m wrong, I admit defeat and exit; it’s a thousand times better than stubbornly holding until liquidation.
As for leverage, it amplifies not the profits, but the strategic flaws.
I usually use 3-5 times leverage, never exceeding 10 times—beyond that number, a normal market fluctuation of 3% could lead to forced liquidation; you’re trading not a trend, but air.
What remains in the market until the end is not the fiercest gambler, but the one who understands restraint the most.
Do not hold positions, do not go all-in, do not trust 'this time will be an exception', do not rush to make up for losses when in the red.
That early morning at 56.78U taught me: in contracts, surviving is winning.
The thrilling stories will eventually fade, but the account balance will remember—every bit of confidence in guaranteed profits begins with the discipline of 'not losing'. @不贪的阿 K