If you've ever traded with leverage, you know what it means to fall from heaven to hell in an instant.

Honestly, contract trading can be quite frightening, especially when you've personally experienced that sense of helplessness.

When I first started using leverage, I only had a few thousand dollars in my account, but my confidence was through the roof. Watching the market stay calm, I directly opened high leverage, thinking I could hit the right entry point. But what happened? A normal pullback wiped out more than half of my position. At that moment, I realized—most liquidations aren't because the market is too fierce, but because you shouldn't have been in that position to begin with.

Since then, I've developed a sense of reverence for leverage trading. Not that I stopped doing it, but I learned to do it with moderation. Trading isn't a stage to prove your courage; it truly tests your ability to manage risk.

After observing the market for a long time, the most common scene is—making a little profit, then increasing position size, increasing frequency, doubling down, until a reverse trend wipes out all previous gains. I've also seen many people, after a big loss, completely lose their composure, their trading becomes distorted, and finally they get forced out by emotions.

The ones who survive the longest in the market are often not the most diligent, but the most disciplined. Most of the time, they observe—keeping positions light, trading infrequently, but always well-prepared. Before the market moves, they prefer to stay out of the market rather than chase. Once the trend appears, they execute according to plan, taking profits decisively when it's time.

I once made a good profit from a clear trending market, and the method wasn't that complicated. Indicators are just references; the core is a sense of rhythm and disciplined execution. When the market isn't moving, there's no rush; only enter on a volume breakout. Set stop-losses before entering; if the position isn't right, exit immediately. When floating profits grow, first protect the principal, then consider scaling up. Throughout the entire trading process, there are no magical operations—only disciplined execution.

Now I have very straightforward rules for myself: limit each loss to what my account can bear, avoid frequent trading, and don't break the plan just because a few trades went well. These rules sound conservative, but they allow me to stay in the market continuously.

This market is never short of people willing to take risks; what’s rare are those who can survive long-term.

To do well in trading, the primary task isn't figuring out how much to earn, but learning how not to get washed out. As long as you're still in the game, opportunities will eventually come your way.