Newcomers playing contracts need to pay attention to the following points to earn money!!!
When I first started playing contracts, I thought 10x leverage wasn’t exciting enough, so I jumped straight to 50x, and as a result, a sudden 5% reverse fluctuation wiped out my account. Later, I understood that the higher the leverage, the faster you lose.
Now? Even 5x feels too much; I play slowly, and surviving is the only way to qualify for making money.
What you think is a stop-loss is actually "unable to stop losses"
The first time I faced liquidation was because I set a stop-loss, but the price instantly crashed through it, and the order couldn’t even be executed. Later, I learned that for contracts with poor liquidity, stop-losses are just a joke. Now I only trade BTC and ETH, which have good depth, at least I die understanding.
Going all in? That’s a gambler, not a trader
I used to think "wealth comes from risk," and would recklessly go all in, only to have my mindset explode during a pullback. Now I’ve learned to be smarter: I don’t exceed 20% of my position in a single trade; if I’m wrong, I accept it, and if I’m right, I slowly add more. Surviving gives me a chance to turn things around.
Taking profits isn’t about selling everything at once, but rather about harvesting in batches
I once held onto a position that doubled, but out of greed, I didn’t sell, and ended up giving all my profits back. Now I understand that making money should be in batches:
Take 30% profit off the table first
Sell another part at 50%
Let the rest of the profit run
This way, I won’t miss out nor will I work hard for nothing.
Adding to losing positions? That’s accelerating suicide
The worst time was when I kept adding to a losing position, and the more I added, the more I lost, until I was completely wiped out. Now? I never add to losing positions; if I’m wrong, I cut my losses and look for new opportunities. The market doesn’t lack opportunities; it lacks capital.
Play small in a sideways market, go all out in a trending market
Before, regardless of the market situation, I would just operate recklessly, and as a result, my fees were more than my earnings. Now I’ve learned:
In a sideways market, I play with 10% of my position
When a trend emerges, I go straight to 50%
But the premise is, you must be able to read the trend.
Adding to positions isn’t random; profits deserve to be scaled up
Before, when I lost, I wanted to add to my position to lower my cost, but every time I did, I ended up losing again. Now, I only add to my position when I’m in profit, and I add less and less, ensuring the safety of my profits. Losing positions? I cut them off immediately for peace of mind.
"These are just the most basic and truly effective money-making secrets, like how to catch big trends and how to identify traps set by market makers, all learned through real money experience.
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