#内容挖矿更新 has witnessed countless traders being ruthlessly wiped out by contracts overnight.

But after careful consideration, I realized that this is not the cruelty of the market, but the ignorance of traders regarding the risks they undertake.

It is hard to forget that late night when the bright red liquidation prompt on the monitor pierced my vision like a glowing dagger. At the moment my account balance hit zero, I surprisingly felt a sense of relief.

What shocked me was not the disappearance of tens of thousands of dollars in assets, but the first real feeling of the "liquidation" burn—a pain that can completely awaken a person.

How naive I was at that time, thinking that "five times leverage" was just a numbers game. With a base position of 10,000 USDT, I opened a position of 30,000 USDT and set the stop loss at 500 USDT. The slightest market fluctuation, as light as a feather, was enough to destroy all your efforts.

At that moment, I realized: the crypto market never actively harms people; it is we who hand it the weapons.

Later, I was fortunate to meet a veteran who had experienced two complete market cycles. He told me: "Contracts are not gambling, but an art of risk management." A simple sentence, yet it completely changed my understanding of leveraged trading.

True trading experts can always control the overall situation. Seventy percent of the time, they are as calm as still water, and thirty percent of the time, they are like a fully drawn bowstring, striking with precision. Their gains are the fruits harvested from countless liquidation orders.

However, most traders die from overactivity—constantly opening positions, blindly chasing highs, panic selling, thinking they are in control of the pace, but in reality, they have long become prey to the market.

I once placed thirty orders in a single day until that painful lesson woke me up — top traders are like wild hunters, able to endure long waits just for a precise strike at the perfect moment.

Nowadays, I strictly adhere to two inviolable principles:

The single loss will never exceed 5% of the principal;
Only trade in areas you fully understand.

It is better to miss ten potential opportunities than to take one operation that lacks certainty.

Thus, I gradually grew from a novice who was frequently liquidated into a steady trader.

Please always remember:
Contract trading itself is not gambling; it is the lack of a plan that is. Gamblers rely on the thrill to survive, while true professionals rely on strict discipline and a well-developed system.