I lost half of my position in 15 minutes, and only then did I understand that contracts are a 'slow knife'—three iron rules have kept me alive until now.
The first time I encountered contracts, I opened with 100x leverage at 8000U, and after a couple of ETH fluctuations, I directly evaporated 4000U. When that string of red words popped up, my head was buzzing, and my heart raced faster than the candlestick chart.
Since then, I threw the words 'get rich quickly' into the trash and kept only 'survival'.
Later, mingling in the circles, I saw too many 'chosen ones': doubling today, getting liquidated tomorrow; still staring at the charts at four in the morning, with emotions running wilder than the market.
I learned my lesson—70% of the time in cash, 30% of the time heavily invested, only taking a clean profit and leaving after that.
During last year's big SOL wave, I waited at the lower BOLL band: a contraction means accumulation, an expansion means the start.
I entered in batches at the lower band, set stop losses at the previous lows, and in three weeks, I made 30 times the profit—not through divine prediction, but through discipline feeding me.
Now my trading notes only have three lines:
1️⃣ Cut losses immediately at 2% per trade;
2️⃣ Limit my trades to ≤2 times a day;
3️⃣ Protect my capital once I have a 50% floating profit.
Rigid? Yes, being rigid is my talisman that has helped me avoid multiple crashes.
The market doesn't lack brave dogs, but rather the old dogs who live to the end.
If you want to double your money, first learn not to blow up; if you want to avoid blowing up, first shut down your emotions.
Contracts are not the devil; it's the uncontrolled heart that is.
Those who can survive and still make a profit in the market are always the ones who dare to reach out first.
Are you ready? @bit福多多
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