$BEAT After the liquidation, I realized a truth:

$PIPPIN A contract player who does not set a stop loss is essentially a long-term ATM for the market makers.

Why do 90% of contract players end up at zero?

It's not because the market is bad or because of bad luck; it's because they fundamentally lack a stop loss awareness.

Today, a fan happened to open a position without setting a stop loss and directly got liquidated.

Taking this opportunity, I will explain the insights I've gained over the years through real money and repeated liquidations clearly.

I've seen too many people:

From 100,000 to 1,000,000,

but ultimately end up at zero due to one wrong position.

I’ve also fallen into the trap myself.

In March 2023, BTC rose from 28,000 to 31,000.

I shorted with 5x leverage, thinking: I'll exit on a pullback.

As a result, it shot up to 35,000, and my account was wiped out.

In January 2024, SOL broke through 120.

I chased it up with 10x leverage, planning to exit after breaking the previous high.

But it dipped to 98, and I was wiped out.

After summarizing these years, only two statements are the truth:

Take one hit, you might survive.

Take ten hits, you will definitely die.

All liquidations start with the phrase 'just wait a bit longer.'

What really saves lives is not the win rate, but the stop loss.

The stop loss logic I use now is very simple.

First, the rookie's life-saving rule:

Within a few seconds of opening a position, you must set the stop loss.

Stop loss margin = the inverse of leverage.

20x leverage corresponds to a 5% stop loss.

With a position of 10,000 U, the maximum loss is 500 U; accept it and leave.

What you need to do is not to make a huge profit once, but to avoid dying completely in one shot.

Second, dynamic stop loss (core):

Profits are meant to be protected, not to be fantasized about.

When floating profit reaches 5%, raise the stop loss to cost price.

When floating profit reaches 10%, lock in a 5% stop loss.

When floating profit reaches 20%, at least leave a 15% stop loss.

The market can retrace, but profits shouldn't all be given back.

It's like saving your progress; lock in at each step you take.

Third, emotional stop loss:

This is something many people overlook, but it's the most deadly.

After three consecutive losses, close the software and step away from the market.

After making a profit, start getting excited, and immediately withdraw half.

Trades made in a state of excitement

are rarely rational.

A stop loss is not admitting defeat; it’s a tactical retreat.

The truly skilled individuals do not avoid all liquidations,

but they get liquidated less often, exit quickly, and can still stay in the game.