Contracts explode every day, and yet there are people rushing in? Because most treat 'sixty times the risk' as if it's five times!

Do you think opening five times is stable?

With a $10,000 account and a $30,000 nominal position, a 2% reverse leads to liquidation—actual risk is approximately 60 times, it’s just that the platform hasn’t written it down.

True experts treat contracts as 'insurance', not a lottery.

They keep an empty position 90% of the time, waiting for volatility >50% and extreme sentiment to hedge, and when they make a move, they reap the liquidation orders.

On August 5, 2024, the Yen Carry Unwind, BTC dropped 7% in one hour, with $1.5 billion liquidated on-chain, experts gained 38% on shorts, while novices' longs became fuel.

To survive, remember to 'go against the flow':

1️⃣ Cut the iron position with a stop loss of 5%, no discussion;

2️⃣ Take profit ≥ 2 times the stop loss, take the profit when it's good;

3️⃣ Keep an empty position 30 minutes before data release, don't let the spikes teach you a lesson;

4️⃣ Shut down the computer at 23:00 every day, lock your emotions outside.

Stop betting based on 'feelings', feelings are the most costly.

Contracts are neither demons nor angels, they are calculators.

Those who can calculate clearly pay the liquidation tax, while those who cannot pay tuition fees.

Understand early, withdraw early; if you want to continue, first practice your arithmetic well.

Those who can survive in the market and still make money have always been the ones willing to extend their hands first.

Are you ready? @bit福多多

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