Don't just envy the numbers in others' contract accounts—yesterday I saw data that $BTC had a liquidation of 170 million USD in 24 hours, some went to zero while others doubled, and it’s not just luck that makes the difference.

A person I know, Old Zhou, is an example. At the end of last year, he entered the market with 3000 USD and now his account stabilizes at 280,000 USD, entirely based on rules honed through hard experience. #币圈暴富

He also faced setbacks early on: during the major drop of ETH in 2024, he stubbornly held on to long positions and was forcibly liquidated in less than two hours, leaving him with no margin.

Later, he changed his strategy: he split his 3000 USD capital into 10 parts, using only 30 USD at a time to open 100 times perpetual contracts, profiting from trends when direction was right, and cutting losses immediately at the stop-loss line when wrong, never hesitating to fight.

These five iron rules are welded on the homepage of his trading software: 1. Stop-loss is more important than life; immediately liquidate when the preset point is touched. Last week, when ADA dropped 10.89%, this trick helped him avoid disaster;

2. Stop trading after five consecutive losses; pushing hard when the market is chaotic is a gift. He’s tried turning off his computer to sleep for a day, and when he woke up, he found it was indeed a trap;

3. Withdraw profits regularly; account numbers are virtual. He withdraws 3000 USD to his cold wallet every time he makes 5000 USD;

4. Only chase trends and avoid range-bound markets; for example, recently when BTC fluctuated around 89,000 USD, he stayed out of the market waiting for a breakout signal;

5. Never exceed 10% position size; those who go all in have become the denominator in liquidation statistics.

After five years in the crypto space, I have seen too many myths of overnight success, and even more people crying at 3 AM showing their liquidation orders.

Old Zhou's experience proves that contracts are not about betting on size; funding rates, position changes, and such data are the navigators. By following the rules, one can survive the storms.

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