Brothers who play contracts, this message might really save your life

Do you often encounter this curse: as soon as you open a position, the market immediately goes against you;

as soon as you cut your losses, the price immediately reverses; clearly you got the direction right, yet your account is left with nothing?

Don't just blame luck—this isn't bad luck; it's that you fundamentally don't understand the essence of contracts.

Contracts are never about "buying coins"; they are a betting agreement between you and the exchange. The exchange is always the house, and you are the gambler. Every penny you make is lost by someone else; the money you lose has already gone into someone else's pocket.

The funding rate is a glaring harvesting signal. Many people think that little amount of money doesn't matter, but a positive rate connected through several rounds is shouting, "Come and give money."

By the time you rush in, the market flips, directly burying you in a pit.

Leverage magnifies risk, not profit. On the surface, 10x leverage seems to withstand a 10% fluctuation, but the liquidation price is calculated precisely—there's no need for the market to move too far to clear your account.

Transaction fees, spreads, funding rates, every link is cutting into your flesh.

The most ruthless is "rolling positions": making a little money on the previous order, then going all-in on the next, thinking you can snowball, but when the market turns, you end up with nothing left.

Rolling positions can be done, but remember: keep half of the profits, only use the other half to gamble.

Brothers, stop complaining about "targeted explosions". The market isn't targeting you; it's just that you stand on the opposite side of the rules.

I'm not a deity, just someone who stepped into the pit a few years earlier than you—contract rules have always favored the house; if retail investors want to survive, they must first understand the rules before discussing making money.

Finally, let me say a truth: contracts can be played, but don't treat them as an ATM. Adhere to the three lines of maintaining positions, cutting losses, and capital management; you might pay less tuition and live a bit longer.