What No One Told Me About Leverage Until It Was Too Late
There was a time I thought I just needed better discipline, tighter stop-losses, or sharper entries. I told myself, “You’re almost there.” But no one tells you the real truth about these exchanges: they don’t want you to win — and worse, they’ve engineered the game so you can’t.
Every loss felt like my fault — until I began to notice a pattern. Liquidations weren’t random. They were surgical. Price would slice through key levels where everyone was long, sweep the liquidity, and bounce like nothing happened. The moment I realized the exchange could see my exact liquidation price, everything changed. This wasn’t trading. It was target practice — and I was the target.
You think 25x leverage is an edge? It’s bait. You think no stop-loss is brave? It’s a countdown. The exchange doesn’t care if you’re right. It only cares how many positions it can wipe before the move even begins.
And the worst part? They profit from every mistake you make — because you’re not trading against a chart. You’re trading against a system built to make you lose.
In crypto futures, your enemy isn’t the market — it’s the exchange itself.