I've seen too many people roll from a few thousand to 990,000, only to clear their accounts on the last trade. Contracts are a thousand times more stimulating than hoarding coins - either the account gains several zeros overnight or the account directly goes to zero.
At that time, I only had 1000 RMB left for food, and I managed to roll it to 100,000 in 3 months through contracts. But today I don't want to talk about 'getting rich quickly', I want to discuss how to dance on the knife edge and still take away profits.
1. The core logic of rolling over 100 times for 3 months: It's not about luck, but ingraining the rules into your bones
At the beginning, I used 300 dollars (about 2000 RMB) to test the waters, opening only 100 times contracts with 10 dollars each time. Many people think 100 times leverage is for 'gamblers', but its magic lies in: if the direction is correct, earning 1% is equivalent to doubling the capital. I set a strict rule for myself: every time I profit, I withdraw half of the profits and roll the other half.
In theory, as long as you are right 11 times in a row, 10 dollars can roll to 10,000! But 90% of people fail at these three hurdles: wanting to earn more when they have made profits and not stopping, unwilling to accept losses and increasing positions to break even, and switching between long and short positions only to be slapped by the market. I survive not by predicting the market, but by turning 'take profit and stop loss, controlling desires' into a conditioned reflex.
2. 5 rules for life preservation: must recite before opening a position, stop trading after one mistake
1. Cut losses immediately if wrong, never hold the position
Contracts fear the 'wishful thinking' mentality. I blew up my account twice early on, all because I 'thought it would rebound' and held on. Later, I set an iron rule: as long as it hits the stop-loss level, no matter how reluctant I am, I must immediately close it, and even if it rebounds after closing, I won’t regret it. Remember: in contracts, surviving is 100 times more important than 'proving you're right'.
2. Stop after 20 consecutive mistakes and don’t touch contracts that day
The market will always have 'unreasonable' times; during continuous losses, the mentality can collapse, and the more you trade, the more mistakes you make. I set a 'circuit breaker': if I make 20 consecutive mistakes in one day (even if each time only loses 10 dollars), I immediately close the software, and no matter how enticing the opportunities are, I won't act. After a night of calm, I often avoid larger pitfalls.
3. Withdraw 5000 dollars earned, absolutely no overconfidence
The greed when making money is more deadly than the panic when losing. I have a rule: when the account profits reach 5000 dollars, at least half of the profits must be withdrawn. Last year during Ethereum's one-sided market, I started with 500 dollars and rolled it to 500,000 in 3 days, but withdrew 200,000 in the process - this step allowed me to preserve most of my profits during subsequent corrections and not end up like others who 'went on a roller coaster' back to zero.
4. Only trade in one-sided trends, play dead during consolidation periods
The core of making money with contracts is 'borrowing strength'; in volatile markets, 100 times leverage is a death lever. I waited for 4 months without opening a single order just to wait for a clear one-sided trend. Don't think about trading every day; wait for the right opportunity, act decisively, and usually play dead like a rock, which leads to steadier profits.
5. Never open a position more than 10% of the capital at once
Even with the most certain opportunities, I never go all-in. With 1000 RMB capital, I only open a position of up to 100 RMB each time - light positions mean that even with big fluctuations, my mentality won't collapse, allowing me to wait for the trend to develop. Going all-in and being right 9 times is useless; being wrong once can lead to complete loss.
3. Can I play now? First ask yourself these 3 questions before acting
People often ask 'Can I enter the market now?', my answer is: first ask yourself these three questions -
Has the big volatility market really arrived? (In a volatile market, never touch 100 times leverage)
Is the trend one-sided? (Market conditions that switch back and forth are like a meat grinder)
Can you resist only eating the fish body and not being greedy for the last fish tail? (Greed is the biggest demon in contracts)
If the answer is all 'yes', you can test with small funds; if there is even one hesitation, it means you haven't learned enough from the market, and it's more reliable to hoard coins honestly.
In the end: Rolling contracts is not a shortcut to wealth, it's a discipline exam
From 1000 RMB to 100,000, I relied neither on insider information nor on predictions, but on one thing: treating the above 5 iron rules as a 'lifesaver', and punishing myself by stopping trading for 3 days if I make a mistake.
Remember, with contracts, you either enjoy the young models or work hard. If you don't have that mentality and discipline, don't come to sacrifice yourself. The true 'wealth secret' is never about leverage multiples, but about the execution of 'stop when greedy, hold firm when fearful, and wait when uncertain'.
Follow@钱包守护者 , for more verified trading disciplines that can help you maintain profits in a high-risk market with rules, rather than relying on luck to gamble your life.