In the cryptocurrency world for ten years, I have realized the true essence of contract trading: winning is not just about technology
After struggling in the cryptocurrency space for over a decade, I have seen too many people become rich and have also witnessed many go to zero
From Ponzi schemes, arbitrage, to high-leverage contracts, I have fallen into countless traps and have been wiped out by manipulators overnight. That thrilling feeling of soaring to heaven in one second and plummeting to hell in the next, if you have traded contracts, you definitely understand
Have you ever experienced such a collapse:
A few consecutive losses, starting to doubt yourself? In the moment of liquidation, your mind goes blank, only wanting to recover? Clearly knowing you shouldn't go all in, yet unable to control your hands? Fantasizing about a successful comeback again and again, only to be slapped in the face by the market each time?
Don’t panic, I have been through all of this too. But I didn’t give up; I started to trace back every operation, review every failure, trying to find a genuine path that leads to long-term winning
Ultimately, I summarized these four core principles. If you can truly implement them, perhaps you can avoid most of the contract hell
First: Mindset is not about controlling emotions, but about building a belief system
A true trading master is not someone who is unafraid of losses, but someone who can maintain judgment even in loss
Think clearly: losing is a problem with your execution, not the market targeting you
Second: Trading system is not about learning indicators, but about self-restraint
The market is not a casino, but the essence of trading is probability
If you do not have your own rules and just go with your feelings, the result can only be two words: liquidation
Third: Capital management is reserved for recovery, not a gamble
You may not be smart enough, but you cannot be lacking in calmness
You can be wrong once, but you cannot lose everything
I have seen too many people go all in, fantasizing about doubling their next trade, only to be left with screenshots and regret
Control your position, and you may see the next opportunity
Fourth: Technique is a means, not a belief
Don’t be deceived by candlesticks
Don’t think that just knowing how to use MACD and Bollinger Bands guarantees a win
Technical analysis is an art, not a universal formula
Looking back now, contracts are not beasts, nor are they ATMs; they are more like a mirror, reflecting your inner greed, fear, arrogance, and illusions
With this understanding, I went from frequently being liquidated to stable profits. Yes, it’s not about doubling every day, but being able to survive long-term and steadily go up; this is the ultimate goal of trading
