Stay Calm and Steady

This story tells me: contracts are like a double-edged sword. One second you're counting money in paradise, the next you're falling into the abyss.

I will never forget the afternoon I first encountered contracts. Holding eight thousand dollars in my hand, I impulsively used 100x leverage. Fifteen minutes later, the market shook slightly, and half of my position was wiped out in an instant. Sitting in front of the screen at that moment, my heart nearly jumped out of my throat, watching the red numbers flicker nonstop, and I was completely崩了.

That moment I realized, liquidation isn't an accident; it's the first lesson the market gives every newcomer—though it's a relatively gentle one.

Since then, I never underestimated this market again. Those dreams of overnight riches were all awakened, and I stopped relying on heartbeat for placing orders, starting to think with my brain. Only then did I realize that contracts are not about gambling on size, but about dancing on the edge of a knife, testing your ability to control risk.

I've seen too many traders, who get a little profit and then get carried away, thinking they are destined for greatness, only to be wiped out in a few days. Some lose so much they cry red, staring at the screen all night without sleep, eventually consumed by their own anxiety. They never understand one thing: truly skilled traders spend about 70% of their time waiting—standing aside and observing. When that 30% of opportunities arrive, they dare to go all-in, grabbing a quick profit.

Last year, when I was trading SOL, it was like that. I didn't indulge in all kinds of complicated indicators; I just watched Bollinger Bands. The narrowing band meant gathering strength, and a breakout indicated a signal to start. I gradually built positions near the lower band, with stop-loss set at previous lows, and in three weeks, it multiplied thirty times. It wasn't that I could predict perfectly, but discipline helped me keep the rhythm.

Now I stick to a few ironclad rules, unshakable: never lose more than 2% of my capital on a single trade; operate at most twice a day; once floating profit reaches 50%, I withdraw the principal immediately. It sounds rigid, but precisely this rigidity has kept me alive in this market until now.

The market is never short of people willing to rush in; what it lacks are those who can survive. If you're still driven by emotions and led by the market, it's better to pause first, take a deep breath. Before aiming to double your money, learn not to get liquidated. The abyss is right at your feet, but how to walk there, I’ve already lit the way for you.