I've seen a lot of strange phenomena in the contract market. Every day I open my account, I see a large number of people getting liquidated, and the scene is so tragic that it's hard to watch. Some see three months' worth of salary evaporate overnight, while others are even more ruthless, going all-in until their accounts are left only with trading fees. The most heartbreaking part is that the next day, these people still stubbornly jump back in without remorse.

Why is this happening? Basically, most people simply don't understand how contracts work.

You’ve been tricked by the concept of "leverage." Seeing platforms advertise 5x, 10x leverage, you think it's no problem, but you’re mistaken. Suppose your account has 10,000 USDT; with 5x leverage, you can only withstand a loss of 500 USDT. But many people? They jump right in with a 30,000 USDT position. Do you think they’re trading with 5x leverage? Wrong! They’re actually using dozens of times the real leverage and hard-balling the market. If the market moves slightly, they’re completely out. This isn’t trading; it’s just turning into a "human ATM."

On the other hand, those who are doing well in the contract market operate very differently. True experts don’t see contracts as gambling tools but as risk management instruments. Every penny they make comes from the accounts of those who get liquidated.

Have you noticed? What’s the rhythm of the experts’ operations? Seventy percent of the time, they’re doing one thing—waiting. Like seasoned hunters, they patiently sit and wait for the market to give clear signals before making a move. When they hit, they withdraw immediately. But ordinary traders? They open and close orders frequently, chase highs and sell lows, busy as if they’re at a job. As a result, the more they tinker, the more they lose, and in the end, all their money flows into the platform and the whales’ pockets.

To survive in this market, I’ll give you two words: restraint.

When others panic, you must stay calm; when others are greedy, you must be cautious. The most important discipline is: losses must never exceed 5% of your account. Don’t rush to take profits when you make money; let the profits run. Only close your position when a real profit opportunity appears. This isn’t just motivational talk; it’s a strict rule that can keep you alive and making money.