Every day when I open the market software, I can see the lament of 'XXX liquidation with 8 digits', and then I turn around to see someone putting in their principal. Is it that they have too much money to burn, or have they been brainwashed by the 'get-rich myth'?
To be blunt: 90% of those who get liquidated don’t even realize they died at the hands of 'leverage'.
With the platform offering 5x and 10x leverage, do you really think this is a 'get-rich buff' sent to you? I've seen the most ridiculous case: someone has $10,000 in their account but insists on opening a position of $30,000. The platform states 5x leverage, and he thinks he's using 5x courage to seek profits. What happened? He lost $500 and was directly forced to liquidate by the system, not even realizing he was liquidated—what he thought was 5x leverage was actually taking on (30,000 ÷ 5,000) = 60 times the risk in a naked run!
This is not courage; it’s pure 'sending people to their doom'.
I've been in this circle for 6 years and have seen too many ups and downs. The clearer it gets as time goes on: contracts are essentially tools for professional players to hedge risks, never a 'casino ticket' for retail investors. You stare at the screen thinking you're 'trading the market', but in reality, you're prey in someone else's hunting ground—every penny you lose becomes profit for those who are waiting to harvest; their earnings are never based on luck but on accurately calculating human greed.
How do real veterans play? 70% of the time they are 'playing dead'. Opening the candlestick chart is not about placing orders every day, but about drawing support levels and calculating volatility, waiting like a sniper for the target to enter the range. If the market hasn’t reached the preset point, no matter how lively it is, they will never reach out; once the signal appears, opening positions, setting stop losses, and watching for take profit is a process more accurate than a machine—unlike retail friends who chase when they see a green board and panic at a red board, doing 'sit-ups' in the market every day.
To put it plainly, if you want to survive in contracts, the core is two words: anti-human nature.
When others in the community shout 'go all in', you must dare to liquidate and observe; when others are cutting losses to tears, you must keep your composure to see if it's a bottom-fishing signal. The stop-loss line must be welded shut—my iron rule is that a single loss must never exceed 5%. Even if the market looks ready to rebound, when the time is up, cut it, never gamble with the market's mood; but when it comes to profits, be 'harsh'—the take-profit line must be at least twice the stop-loss, take your profits and run, don’t wait for them to be given back.
There are always people arguing with me: 'Isn't this just gambling?' I laugh every time: you get liquidated because you are gambling, we make money because we do the math. Gambling relies on emotions, while accounting relies on data—have you calculated the actual leverage after opening a position? Have you calculated the volatility of the support level? Have you calculated the impact of a single loss on the account? If you don’t understand these, entering the market is just giving away money.
