After the liquidation, one understands:
Contract players who do not set stop-losses are essentially the cash cows for the big players.
90% going to zero is not bad luck, but a failure to set stop-losses.
Today, a fan didn't set a stop-loss and went directly to liquidation. I will clarify the insights I've gained with real money over the years.
I've seen too many people go from 100,000 to 1,000,000,
only to have everything wiped out in one go.
Including myself:
In 2023, I went short on BTC and was liquidated at 35,000;
In 2024, I chased a long on SOL and got wiped out due to a quick spike.
The conclusion is simple:
All liquidations start with "just a little longer."
What truly saves you is not the win rate, but the stop-loss.
My stop-loss logic:
Set a stop-loss immediately when opening a position, range = inverse of leverage (20x = 5%)
If in profit by 5%, move the stop-loss to break even; if 10%, lock in 5%; if 20%, leave 15%
If three consecutive losses occur, exit to avoid emotional decision-making.
In practice: In May 2024, ETH was above 3600, with 20x leverage, risk ≈ 2%, moved the stop-loss up all the way, profiting to 4100.
The last sentence:
A stop-loss is not admitting defeat; it's about survival.
If you want to learn how to do it, 👉 the chat room breaks down trades every day.
