It's just that simple and brutal to do contracts—either you're pushed up, or you're liquidated. There's no third way.
Many people do not want to accept this reality. They invest a few thousand U, their minds filled with dreams of doubling their money, and the final outcome is that liquidation becomes a common occurrence. After losing money, they turn around and label the market as all scams.
I have also been scammed before, I have experience.
At that time, I frequently traded with a small amount of money, my eyes glued to the screen. As soon as the unrealized losses expanded, my mindset would collapse; a single candlestick could wipe out all my capital. To be honest, the reason I’m still here isn’t because of luck, but because I finally understood one principle:
Liquidation is not a trap that falls from the sky; it is the tuition of awareness that must be paid.
Some people might say that 3x or 5x leverage is very safe, but in reality, it's just postponing the disaster. Once you add leverage, losses become exponential, and when you factor in fees, slippage, and the wear and tear from frequent trading, your account feels like it's been fitted with a siphon, slowly being drained.
The most heartbreaking thing is that math doesn't lie:
If it falls by 50%, it needs to double to break even; if it falls by 90%, it requires a 9-fold increase.
So some people will keep increasing their positions and reinvesting, then accelerate towards zero. This logical chain applies to anyone.
What truly changed for me was later establishing a system that could be executed repeatedly.
Taking BOLL as an example, it’s not about waiting for signals to get rich, but about observing when it narrows and when it opens, to judge whether the trend is really coming. Emotionless trading is essential; strictly follow the rules; if it’s time to cut losses, then cut losses, physically eliminating that feeling.
If you are still trading based on intuition, the problem has never been luck, but rather that you fundamentally do not have a system that allows you to survive in the long run.
To go far in this market, the most important thing is not to fight alone, but to have your own set of rules.
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It's just that simple and brutal to do contracts—either you're pushed up, or you're liquidated. There's no third way.
Many people do not want to accept this reality. They invest a few thousand U, their minds filled with dreams of doubling their money, and the final outcome is that liquidation becomes a common occurrence. After losing money, they turn around and label the market as all scams.
I have also been scammed before, I have experience.
At that time, I frequently traded with a small amount of money, my eyes glued to the screen. As soon as the unrealized losses expanded, my mindset would collapse; a single candlestick could wipe out all my capital. To be honest, the reason I’m still here isn’t because of luck, but because I finally understood one principle:
Liquidation is not a trap that falls from the sky; it is the tuition of awareness that must be paid.
Some people might say that 3x or 5x leverage is very safe, but in reality, it's just postponing the disaster. Once you add leverage, losses become exponential, and when you factor in fees, slippage, and the wear and tear from frequent trading, your account feels like it's been fitted with a siphon, slowly being drained.
The most heartbreaking thing is that math doesn't lie:
If it falls by 50%, it needs to double to break even; if it falls by 90%, it requires a 9-fold increase.
So some people will keep increasing their positions and reinvesting, then accelerate towards zero. This logical chain applies to anyone.
What truly changed for me was later establishing a system that could be executed repeatedly.
Taking BOLL as an example, it’s not about waiting for signals to get rich, but about observing when it narrows and when it opens, to judge whether the trend is really coming. Emotionless trading is essential; strictly follow the rules; if it’s time to cut losses, then cut losses, physically eliminating that feeling.
If you are still trading based on intuition, the problem has never been luck, but rather that you fundamentally do not have a system that allows you to survive in the long run.
To go far in this market, the most important thing is not to fight alone, but to have your own set of rules.