In trading contracts, the ones who survive are not the most aggressive, but the most cautious.

Here are several traps that beginners easily fall into, each of which can wipe you out instantly:

1. Leverage too high

Starting with 50x or 100x is not trading, it's gambling. A small fluctuation can lead to a liquidation. Reduce leverage to 5-10x; only then do you have the right to discuss operations.

2. Holding without a stop loss

"Just wait a bit, it will come back up" is the biggest illusion. If you don't exit after a 10% loss, it can turn into a 50% or 80% loss. The first thing to do after opening a position is to set a stop loss.

3. Going all in at every opportunity

Opportunities are frequent, but capital is not. Use this formula: maximum single position = capital × 2% ÷ leverage. For example, with a capital of 10,000 U and 10x leverage, do not exceed 200 U in a single position. Staying alive allows for another chance.

4. Emotional trading

Chasing after every rise and cutting losses at every drop is the fastest way to lose money. Write a plan in advance, execute it at the right time, don't watch the market, and don't stay up late.

5. Not understanding the rules

"Wicks" and "slippage" are not accidents; they are part of the market. Only trade on mainstream platforms, and avoid contracts with poor liquidity.

The market is very cruel. Those who can make money are always the ones who respect risk and strictly adhere to discipline. Start with controlling your position and strict stop losses; this is your first step to survival. #比特币VS代币化黄金