As a beginner entering contracts, the biggest fear is not market fluctuations, but the pitfalls you create for yourself.
Boss's Chat Room ID: aiathg4dc8
In the past few days, I've seen too many newcomers wipe out their accounts within minutes.
It's not that the market is too harsh; it's that you stepped into the same pit.
These few pitfalls, if you encounter even one, your account can instantly go to zero.
First, using too much leverage.
Right from the start, going for 50x, 100x, thinking "I'll make a fortune in one go."
As a result, with just a slight market shake, you’re out.
Contracts are not a gamble for your life; it’s about who can last longer. With 3 to 5 times leverage, if you can withstand a 20% fluctuation, you have a chance to adjust, learn, and survive.
Second, refusing to set stop losses.
"Just wait a bit; it will come back"—I've heard this so many times. The longer you wait, the bigger the hole gets, and in the end, you cut losses at the floor.
The first thing when opening a position is to set a stop loss. If you lose, you need to understand why, and if you earn, move the stop loss up to lock in profits. This is the survival bottom line.
Third, going all in at the slightest opportunity.
Opportunities are always there, but if your capital is gone, you are truly out. Remember this formula:
Maximum single position = Capital × 2% ÷ Leverage
For example, with a capital of 10,000 USDT, if you use 10x leverage, do not exceed 200 USDT for a single trade. That way, even if you make a mistake, it won’t hurt too much.
Fourth, being led by emotions.
Chasing aggressively when prices rise, indiscriminately cutting losses when prices fall, FOMO trading late at night… 80% of liquidations come from here.
Write a plan in advance and execute it like a robot.
Don’t stay up late watching the market; your emotions are the biggest enemy to your account.
Fifth, not understanding the “tricks” of exchanges.
Price spikes, slippage, system delays… many newbies only learn what these terms mean after they’ve lost. Stick to mainstream platforms and reduce trading before and after extreme market conditions. The market doesn’t deceive; often, it’s your ignorance that leads to losses.
The contract market is brutal, but there are always opportunities. Those who survive are not the bravest, but the steadiest.
If you also want to go from a beginner to someone who “lives steadily,” follow me, and I will slowly help you understand the rhythm, seize opportunities, and avoid deep pits.
Remember: here, earning quickly is not as important as surviving longer. First, learn not to lose, then think about how to earn.
