Do you think you can trade contracts? Most people are educated by the market as soon as they enter — it's not that they are not smart, but that they do not understand the rules and risk control.

What is a contract?

In one sentence: Bet on the direction, not on the coin.

Bullish → Go long

Bearish → Go short

If the direction is correct, you make money; if the direction is wrong, you lose quickly.

Common types of contracts

Perpetual contract: No expiration date, long and short parties pay funding fees to each other.

Delivery contract: Has a deadline, settled in cash at expiration.

Basics you must understand

Lot size: Minimum trading unit

Leverage: Amplifies profits and also amplifies losses

Open position/Close position: Start and end a trade

Forced liquidation: Insufficient margin leads to forced liquidation by the system

The most important risk control for beginners

Leverage ≤ 5 times: The higher, the quicker you die

Single stop loss ≤ 3% of capital: Steady and steady can last long

Prioritize mainstream coins: More stable than altcoins

Avoid trading in the early morning: Volatility has no logic, liquidation occurs frequently @K线教父翻仓营