Many people keep losing money when trading contracts. The real issues boil down to these four points.

**Level 1: Take Profit and Stop Loss**

This is the line of life and death. Cryptocurrencies won't keep rising forever, nor will they keep falling—cycles are the rule. Taking profit addresses greed; you can't earn all the profits from a coin, but the money in your account can be completely lost. Stop loss hits even harder; it means abandoning sunk costs. Many think "it'll reverse if I hold on," but don't fool yourself. Mistakes are mistakes. Accept the loss quickly and cut your losses to stay alive and keep playing.

**Level 2: Don't open trades frequently**

Long and short at the same time? Wake up. High leverage makes transaction fees especially painful—each trade costs you 1~2 points of profit. You need to ensure each trade has a profit potential; otherwise, it's pointless.

**Level 3: Learn to hold a vacant position**

If you don't understand the market, don't trade. Missing out on a move or losing money—what's worse? If you don't know what you're doing, opening a trade is no different from gambling. Trading is about probabilistic advantage; no one can predict price movements precisely, only the most probable direction. When you're unsure, staying out of the market is the smartest choice.

**Level 4: Progress step by step**

Starting with $100 and using 10x leverage, your position size becomes $1,000. A 1% increase earns $10; a 2% increase earns $20—enough for breakfast. Opening three or four trades a day with a 60~70% win rate, this income is much more comfortable than working in a factory. The key is not to try to get rich overnight; stories of getting rich quick in crypto are not for beginners.