Dear friends, today I want to discuss a heartfelt topic with everyone.

Many people have a common illusion before entering into contracts — as long as they see the right direction, they can make stable profits. Honestly, I used to think the same way. But what happened? In half a year, 800,000 just disappeared.

The most ironic thing is this: during that time, my market judgment was incredibly accurate. I predicted several key movements of $BTC, $ETH, and $ZEC correctly. But what was the final result? The entire account was wiped out. That feeling of frustration back then, I can still feel it when I think about it now.

Later, when I reviewed my transaction history, I finally understood — I wasn’t defeated by the market, but rather fell into a trap carefully set by the market makers. And not just once, but three times.

**First trap: rushing in at the slightest sign of movement**

As soon as there was a little movement in the market, I would rush to open a position. What does "going all-in at a breakout" mean? I explained it very well during that period. The result was disastrous — just as I entered, before I even warmed up, the big players reversed and hit me with a spike, knocking me out immediately. That feeling was like walking straight into a hunter’s trap.

**Second trap: stubbornly sticking to fixed stop-loss points**

I set a strict rule for myself — stop-loss at 3% or 5%, thinking this was foolproof. Little did I know, in the highly volatile contract market, this approach was basically handing my head to the market makers. I remember very clearly being "faked out" three times in a row, watching the market surge in the predicted direction, but I could only stare helplessly. That feeling was worse than losing money directly.

**Third trap: going all-in and leaving my fate to the market**

Heavy position means gambling with your life. No matter how right your judgment, if the market moves against you a few candles, your account is wiped out. I once got liquidated one night, staring at that zero in my balance, feeling completely stunned. At that moment, I realized I wasn’t defeated by the market, but by my own greed and fear.

After experiencing these, I set three iron rules for myself, which I still follow today:

**Rule 1: Always split your position into three parts, never go all-in.** This way, even if your judgment is wrong, losses stay within controllable limits. More importantly, your mindset remains much calmer, allowing you to view each opportunity more rationally.

**Rule 2: Adjust stop-loss according to market volatility, don’t stick rigidly to fixed points.** Learn to read candlestick patterns and set stop-loss flexibly based on real-time fluctuations — this is much more reliable than mechanically sticking to a certain number.

**Rule 3: Stay out of the market when the trend is unclear, never force a trade.** When you’re not fully confident, doing nothing is actually the best move. This rule has saved me countless times.

Relying on these rules, I managed to climb out of those days of consecutive liquidations. Honestly, my gains over that year were pretty good — the account tripled.

Finally, I want to say: in the crypto world, those who survive and make money are never just the ones who see the right direction. There are many who see the right direction, but in the end, only those who survive long enough to see the money hit their account are true winners. Survive first, then wait for the next wave.