At two in the morning, my phone vibrated so much it almost fell off the table,

my friend from Jiangxi sent voice messages one after another, his voice trembling: "I opened a long position with 10 times leverage on a full position of 10,000 USDT, and when it retraced by 3%, my account was directly wiped out. What on earth is going on?"

I opened his trading records, and he poured 9,500 USDT into a full position without even setting the most basic stop loss line—this is not trading, it's gambling with one's life.

Many newcomers in the crypto world have fallen into the trap of believing 'full position = resistance to decline'; in reality, if full position operations go out of control, they perish faster than partial positions.

The key lies not in the leverage multiple, but in the weight of the position overwhelming the margin.

Take an account of 1,000 USDT as an example: if he uses 900 USDT with 10 times leverage, the margin ratio reaches as high as 90%. If the market moves against him by 5%, it hits the liquidation line, and his account goes to zero;

but if he only invests 100 USDT with 10 times leverage, it requires a 50% fluctuation to liquidate.

That friend of mine put up 95% of his principal, and under 10 times leverage, a slight retracement drained all his margin.

I have used full position for half a year without liquidation and even doubled my account, relying on three iron rules: first, a single trade should not exceed 20% of total capital; for a 10,000 USDT account, the maximum for a single trade is 2,000 USDT, even if there’s a stop loss, it only hurts a bit;

second, a single loss must be capped at 3%; opening 2,000 USDT with 10 times leverage, I set a dynamic stop loss at 1.5%. If I lose 300 USDT, I exit, and even if I make a few mistakes, I can withstand it;

third, never touch during consolidation, only wait for a trend breakout signal, and after making a profit, never chase to add positions.

The essence of full position is to provide room for error in volatility, not to serve as chips for reckless gambling.

Previously, a fan of mine kept getting liquidated monthly, but after following this method, he grew his account from 5,000 USDT to 8,000 USDT in three months.

In the crypto world, it’s not about who makes money fast, but who survives longer—focus less on staring at K-lines to guess direction, and more on controlling positions to build defenses. Slow is steady, and only steady can win.

Follow me for practical strategies that can be implemented; see you in the Binance chat room.