#ETH Brothers playing contracts, seriously read this paragraph, it may save your life!
Do you often find that as soon as you open a position, it goes against you?
Just when you stop your losses, it skyrockets; as soon as you close a position, the market takes off?
Clearly, you saw the right direction, but in the end, you lost everything?
To put it bluntly—it's not that you have bad luck, it's that you are being harvested by the rules.
Many people still think that contracts are about buying coins, but in fact, you are signing a betting agreement.
The exchange is the dealer, you are the gambler; the profits are made from others' losses, and the losses are all taken by others.
Do you still naively think that the funding rate is a small matter?
When the rate soars several times in a row, like a consistently positive rate, it actually means the exchange is "calling for bulls to enter the market."
Then they turn around and wipe you out completely. You are still foolishly standing in the bull camp giving away money.
Let's talk about the liquidation price; do you think opening a 10x leverage means it has to drop 10% to be liquidated?
Don't be silly, the liquidation price has long been dangerously close. The fees are terrifyingly high; liquidation is not because the market is too intense.
It's the exchange acting in advance to clean you out completely.
The most ridiculous thing is leverage; many people think that opening high leverage will make them a lot of money.
In fact, what you are amplifying are the fees, the risks, and the pressure.
The exchange charges you fees and funding after your "multiplier"; after a series of moves,
you earn nothing, and you lose ten times faster than in spot trading.
Regarding rolling positions, I've seen too many people use all their profits to push the next order.
When the market reverses, all the profits are gone, and there's nothing left of the principal.
When rolling positions, you must leave an exit; push half of the profits, and keep the other half to save your life.
Stop saying, "I was blown up again."
You completely don't understand the underlying rules of this game.
How to win?
I'm not a guru; I just played contracts early, stepped into many traps, and managed to survive.
If you want to turn things around, don’t think about getting rich overnight.
First, understand the game rules; otherwise, you'll just be feeding the market.
Stop using your money to buy lessons. Really, enough is enough.


