Recently, the cryptocurrency market has been very volatile, and trading contracts is all about the heartbeat! A few days ago, a friend went all-in on $BTC, and initially made almost double, but a pullback caused a liquidation, resulting in tens of thousands of USDT instantly going to zero. When trading contracts, position management is key!

Let me share an experience: never go all-in, it's best to divide your funds into several portions and enter the market in batches. For example, you can use 20% of your funds to test the waters, and if the direction is correct, gradually increase your position. At the same time, always set a stop-loss! A stop-loss is like an airbag; it can save your life in critical moments.

Additionally, paying attention to funding rates is also very important. When the funding rate is positive, going long means you have to pay the short position; conversely, when going short, you pay the long position. Opening a position when the funding rate is relatively low can save you some fees. Remember, controlling risk is always the top priority!