On the day the #密码资产动态追踪 contract account hits zero, I finally saw a very straightforward truth: traders without a stop-loss discipline will ultimately become the ATM machines of the market makers.

Why do so many people get wrecked in the crypto market? On the surface, it looks like the market is fierce and luck is not on their side, but the core issue is actually just one— they simply don’t take risk seriously.

The phrase "wait a bit longer" can ruin how many accounts. The decline of $RIVER, the volatility of $BAN, the trend reversal of $KAITO— I’ve seen people hold on stubbornly every time, only to see the last candle wipe everything out.

I’ve also fallen into this trap myself. During Bitcoin’s decline in 2023, I entered a 5x leveraged short, planning to exit after a shallow pullback, but a reverse rally led to liquidation. In 2024, when Solana hit a new high, I got itchy and used 10x leverage to short again, instantly returning to the pre-liberation state. That moment, I realized: winning percentage isn’t that important; surviving is the top priority.

So I redefined my trading framework, with three core principles:

**First, initial stop-loss must be set immediately**

The inverse leverage rule is the best. For 20x leverage, set a 5% stop-loss; for 10x, 10%; for 5x, 20%. This way, even if the trade goes against you, you won’t lose your account principal. For example, with a 10,000 USDT position, 20x leverage with a 5% stop-loss caps the loss at 500 USDT, leaving the rest of the account intact for further operations, avoiding total wipeout.

**Second, lock in profits dynamically when floating**

Some traders are especially prone to a mistake: making some profit and then becoming greedier, only to give it all back. When floating profit hits 5%, move the stop-loss up to the cost basis, so you at least don’t lose money; at 10% profit, lock in at least 5%; above 20%, keep the stop-loss at a position that secures at least 15% gains. Treat profits like game saves—every step you take, ensure your gains are protected.

**Third, emotional management is more decisive than technical analysis**

When experiencing a series of losing trades, the smartest move is to immediately close the app and walk away, then calmly reconsider after a few hours; when you’re comfortably profitable, actively withdraw some gains back to spot wallet. Contract trading is no different from emotional gambling—trades driven by emotion are basically money giveaways.

I recently have a real case for reference: a long position on Ethereum with 20x leverage, with the initial stop-loss set at 2%, then gradually moved up as the price increased. This method ensures most profits are locked in while keeping risk within controllable limits.

Contract trading is never about who is braver or who has better luck; it’s about who has stronger discipline and more meticulous risk management. Stop-loss, frankly, is your weapon for survival in the market, not a sign of giving up.

In the crypto market, opportunities are measured in weight, but what’s truly scarce? It’s having bullets left, the account still alive, and being able to see the next wave of行情. If you also want to steadily move forward in this market instead of endlessly filling the pit of losses, let’s explore risk management together.