#数字资产市场洞察 37.26U that early morning — a life-changing blow

Do you remember that night in December 2017? I will never forget.

The numbers on the screen were wildly jumping, my hands trembling so much I couldn’t hold the mouse steady. In three minutes — a six-figure account was wiped to 37.26U. It was my first time trading futures, and the market slapped me hard. My heartbeat was so loud I could hear it, and I was trembling in the dark.

But it was also that slap that saved me.

Ten years later, when my account grew to seven figures, I finally understood: futures are not a gambling table; they are a life-and-death arena. Surviving is everything.

**How to survive? Follow strict rules.**

I have one ironclad rule for position management — any loss must not exceed 1% of the total funds. During the big crash on May 19, 2021, people around me were liquidated one after another, but my account only had a maximum drawdown of 12%. Looks conservative? But being conservative is far better than going to zero. The market doesn’t reward aggressiveness; it rewards those who stay alive.

Stop-loss levels must be unbreakable. Set them and don’t move them; admit mistakes when you’re wrong. Admitting defeat is a thousand times better than holding on and risking everything. Otherwise, the market will chew you up until there’s nothing left. This isn’t about surrender; it’s about survival wisdom.

**About leverage.**

I usually use 3x to 5x, max up to 10x. More than 10x? That’s no longer trading trends; it’s pure luck and “nonsense.” Normal market fluctuations can force you to be liquidated, and no one wins in that game.

In the futures market, those who last are always those who master restraint. No over-leveraging, no all-in, no illusions of getting rich overnight. Every detail of each trade, every cent in the account balance, is recorded clearly.

Living is winning.