Perpetual contracts are a shortcut to 'quick doubling'.

But frequent operations, emotional highs, and going All in will only lead to losses in the end.

What has brought me to today are four fundamental principles.

These principles won't make you rich overnight, but they can help you avoid most traps.

In the crypto world, 'surviving' is the biggest victory.

1. Don't go All in—position size is the bottom line, not courage.

Going all in is the most common mistake novices make.

The market gives you a small pullback, and you get liquidated, with no chance to turn things around.

Remember: always leave room for trial and error.

One mistake is fine, but three mistakes are called failure.

Those with stable positions always go further than those who charge in recklessly.

2. Go with the trend, don't go against human nature.

Human nature likes to buy at the bottom and fears chasing after increases, but those who truly make money are always the ones who go with the trend.

A pullback while the trend is up is a gift of chips for you;

If the trend hasn't broken, continue to hold, and don't blindly guess the peak.

The market has inertia, and the continuation of a trend is far greater than a reversal.

3. Taking profits and stopping losses is your moat.

Making money is easy, but holding onto it is the hardest part.

Without stop losses or take profits, no matter how good your market sense is, it won't help.

Three iron rules:

Each loss should not exceed 5% of total capital;

Each profit should ideally exceed 5%;

Maintain a win rate of over 50%.

By adhering to these three points, your capital will naturally grow steadily.

4. Don't act recklessly; it's okay to be idle.

Novices often make the mistake of being too active.

Five or six trades a day, dozens to hundreds of operations a month, the busier you are, the more you lose.

Trading is not a physical activity; it's an art of waiting.

Limiting yourself to 2-3 planned trades a day is far better than randomly clicking a hundred times.

The market is always there; you don't need to enter the market every minute of every second.

Summary:

Don't go all in, follow the trend, manage risks, and trade less.

In the crypto world, being able to stay steady, wait, and survive is more valuable than any get-rich-quick scheme.