Many people think that as long as the direction of the contract is correct, they will win.
I can personally tell you — wrong.
In the year I first played contracts, I lost a total of 730,000 in six months.
The most ironic thing is, I was right every time in terms of direction.
But in the end, I lost everything.
Later, when I reviewed the settlement slips, I realized that I didn't lose to the market,
but rather to the three traps set by the manipulators.
The first trap: rushing in early.
As soon as the market moves, I get excited and want to place an order,
seeing a breakout and going all in, only to be stopped out immediately.
The second trap: setting stop losses too tight.
Many people love to set hard stop losses at 3% or 5%,
but with contract volatility being ten times greater, that little space is like candy in the eyes of the manipulators.
I was swept out by "false breakouts" three times in a row,
watching the market surge in the direction I had predicted,
yet I had already been kicked out.
Later, I understood: stop losses are not "fixed points," but "dynamic."
They need to follow the fluctuations, not the emotions.
The third trap: going all in.
A single all-in bet means handing your fate over to the market.
Even if the direction is right, as long as the volatility goes against you for a few candlesticks,
your account will still go to zero.
That night when I was liquidated, I watched the balance zero out and I froze.
Since then, I forced myself to set three iron rules:
1. No all-in bets, always split positions into three;
2. Adjust stop losses with the fluctuations, don’t stick to fixed points;
3. Don’t act when the market is unclear, being in cash still counts as a position.
With this set of rules, I transitioned from continuous liquidations to stable profits,
and in a year, my account tripled.
In the crypto world, it’s not about who predicts correctly,
but about who can survive.
In this market, it’s very difficult to go on relying on just one person.
Now, Sister Lin here has a well-maintained path, will you take it?
