After a liquidation, you'll understand one thing: $LIGHT
A contract player who doesn't stop loss is essentially a long-term ATM for the dealer.
Why do most people end up losing everything in contracts?
It's not because the market is too bad, nor is it bad luck; it's because they never took "stop loss" seriously from the beginning.
I've seen too many cases:
From 100,000 to 1,000,000,
but in the end, just because of one stubborn hold, the account was completely wiped out.
I am no exception.
When BTC was surging, I shorted against the trend, thinking "I'll exit on a pullback," but ended up being dragged down the whole way;
I chased the breakthrough with SOL, planned to take profit, but one needle down sent it straight to zero.
Looking back, all the liquidations started with that phrase—"just wait a bit more."
Over the years, I only believe in two sayings:
Hold once, maybe you'll survive;
Keep holding, and you'll inevitably die.
What truly saves you is never the win rate, but the stop loss.
Now my logic is very simple.
For beginners, the first rule: save your life first.
Set a stop loss as soon as you open a position; don’t drag it out.
The stop loss margin should be calculated directly based on leverage:
20 times corresponds to 5%;
If you can afford the loss, accept it and leave; don’t think about a turnaround in one go.
The second rule: always protect your profits.
Floating profits are not for dreaming; they are to be locked in.
If you earn, raise the stop loss; the market can retrace, but profits must not be completely given back.
The third rule: emotions also need a stop loss.
If you lose several trades in a row, shut down the software immediately;
Once you get emotional, withdraw your funds.
When emotions are high, you generally can't make good trades.
Now when I trade contracts, the risks I take are always very small,
but once the market moves in my favor, I can capture the full profit.
This is how contracts should be.
Finally, let me be honest:
A stop loss is not surrender; it's a retreat.
Those who truly survive are not the ones who never lose,
but those who can afford losses, exit quickly, and can wait for the next opportunity.
The market is always there,
but once the capital is gone, there really won't be a next time.