Simulation is a bit chaotic

Why do so many people continue to play knowing that contracts can be liquidated?

Because they fundamentally do not understand the risks.

Many people say: "I only use 5x leverage, which is already very conservative."
Sounds stable, right?
But in reality, this is a typical false sense of security.
If you open a full position with 5x leverage, a 20% drop will lead to liquidation.
The problem is not about how high the leverage is,

but rather that you haven't thought clearly: how much drawdown can your account withstand?
How do those who truly understand contracts play?

Remember one thing:
Contracts are not for making huge profits, but for amplifying discipline.
Every time you open a position, using 10-20% of your capital is enough,
keeping your overall position within 2-4 times your total funds.
The key is—do not go all in at once.

Trading contracts should be a complete operating system:
Wait for opportunities → Small position testing → Strict stop-loss → Wait for confirmation → Then add to your position.
It’s not about rushing in and gambling your life; it’s about grinding slowly like a hunter.

Why do most people lose money in contracts?
Not because their skills are poor,
but because—human nature cannot withstand it.

A slight rise makes them eager to chase;
A slight drop makes them want to bottom fish;
Knowing the risks are high, they still cannot resist adding to their position.
But in speculation, the hardest part is not the skill,
it’s whether you can do the “opposite of human nature.”

Why can contracts make money?
Because there are always people getting liquidated and handing out money.
If you want to be the one making money,
you have to learn to be a "non-liquidating person."
Do not go all in at every opportunity,
don’t say “If I don’t bottom fish this time, I will regret it for a lifetime.”
Are you here to dream,
or to make money?

Remember the last thing:
Dreamers will be awakened by the market;
Only those who truly understand risks can survive until the day the market is profitable.
If you are a beginner, it is recommended to start with small positions, first learn to control positions and set stop-losses, rather than thinking about getting rich overnight.

If you want to learn a practical capital management model, you can also talk to me; I have organized several practical plans suitable for different styles of traders.