🔥🔥You might not be playing contracts at all
If you've been losing money on contracts and want to turn things around, then the following six principles must be firmly remembered.
1. Learn to take profits and cut losses: The market changes rapidly; your biggest enemy is not the market conditions, but your greed and wishful thinking.
Taking profits: Don’t always think about getting the last bite; take profits when you can. You can't make all the money in the market, but you can lose all your account balance.
Cutting losses: Admitting mistakes is more important than stubbornly holding on. The market won't reverse just because you feel unfair. Losing an arm to survive might hurt, but it saves your life.
2. Don't trade frequently:
Always thinking about making money from both long and short positions? Wake up, not many can do that.
Frequent trading will only let fees eat away your profits, especially with high leverage, where you start off losing a few points.
Remember: One good trade is enough; greed will lead to your downfall.
3. Learn to stay out of the market:
When you don’t understand the market, the best action is no action.
The discomfort of missing out is far less than the pain of losing money.
Opening a position is not gambling; it’s about having a probability advantage. If you're not sure, don’t act.
4. Progress gradually:
Don’t think about getting rich overnight.
For example: With a capital of 100 USDT and 10x leverage, a 1% increase means a 10 USDT profit; if you steadily make three or four trades a day with a win rate of 60-70%, you can completely replace a job over time.
The crypto market is not a sprint; it’s a marathon.
5. Never go all in with heavy positions:
The market always has black swan events; news can cause a sudden reversal.
If you go all in without setting stop-losses, that’s the path to wiping out your account.
Light positions and steady play are the only ways to stay at the table long-term.
6. Unity of knowledge and action:
Everyone understands the principles, but very few can actually implement them.
The greatest weakness of human nature is: greed, unwillingness to lose, and the fantasy that the market will “look out for you.”
But in contracts, only those who dare to admit mistakes, cut losses in time, and remain calm can become part of that 1% of survivors.
💡 I was once a victim of the market myself; it was only after genuinely understanding these principles that I realized:
Contracts are not gambling; they are a confrontation with human nature.
Only those who can conquer themselves have the chance to turn things around in the crypto world.
