Friends, in the crypto market trading contracts, I’ve noticed a heartbreaking phenomenon — many people think that as long as they correctly predict the market direction, they can easily make profits. But I want to say that the naivety of this idea is matched only by how brutal reality can be.
When I first entered the contract market, I lost 800,000 in just half a year, which was all the principal I could spare. Even more ironic, during that period, my market direction judgments were actually correct, but in the end, I still lost everything. After reviewing all my settlement statements, I realized I wasn’t beaten by market volatility, but by stepping into three classic traps set by the market manipulators.
**The first trap is rushing in too early.** As soon as there’s a hint of a trend, I impatiently opened a position, and when I saw a breakout, I immediately followed with full leverage. The moment I entered, the big players made a quick move, and I was swept out instantly.
**The second trap is overly rigid stop-loss settings.** Fixed at 3% or 5%, thinking that’s safe. Little did I know that in the face of the volatility of the contract market, such rigid stop-losses are like giving gifts to the opponents. I was repeatedly swept out by false breakouts three times, watching the market surge as I expected, but I could only watch my position get cut.
**The third trap is fighting the market with heavy leverage.** Going all-in in one shot is like putting your entire wealth into the trade. Even if the direction is ultimately correct, just a few opposite K-line movements can wipe out your account. One night, I blew my position in this way. When I saw my account balance drop to zero, I was completely stunned.
Having experienced these, I set three survival rules for myself: First, never go all-in; divide your funds into three parts. Second, let your stop-loss adjust with market fluctuations, don’t stick rigidly to fixed levels. Third, stay out of the market when the trend is unclear, don’t blindly push in.
With this methodology, I climbed out of the abyss of consecutive liquidations and gradually moved toward stable profits. In a year, my account tripled. What I want to tell everyone here is that in the crypto world, the real money isn’t made by those who perfectly predict the market, but by those who can survive and continue operating.
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Friends, in the crypto market trading contracts, I’ve noticed a heartbreaking phenomenon — many people think that as long as they correctly predict the market direction, they can easily make profits. But I want to say that the naivety of this idea is matched only by how brutal reality can be.
When I first entered the contract market, I lost 800,000 in just half a year, which was all the principal I could spare. Even more ironic, during that period, my market direction judgments were actually correct, but in the end, I still lost everything. After reviewing all my settlement statements, I realized I wasn’t beaten by market volatility, but by stepping into three classic traps set by the market manipulators.
**The first trap is rushing in too early.** As soon as there’s a hint of a trend, I impatiently opened a position, and when I saw a breakout, I immediately followed with full leverage. The moment I entered, the big players made a quick move, and I was swept out instantly.
**The second trap is overly rigid stop-loss settings.** Fixed at 3% or 5%, thinking that’s safe. Little did I know that in the face of the volatility of the contract market, such rigid stop-losses are like giving gifts to the opponents. I was repeatedly swept out by false breakouts three times, watching the market surge as I expected, but I could only watch my position get cut.
**The third trap is fighting the market with heavy leverage.** Going all-in in one shot is like putting your entire wealth into the trade. Even if the direction is ultimately correct, just a few opposite K-line movements can wipe out your account. One night, I blew my position in this way. When I saw my account balance drop to zero, I was completely stunned.
Having experienced these, I set three survival rules for myself: First, never go all-in; divide your funds into three parts. Second, let your stop-loss adjust with market fluctuations, don’t stick rigidly to fixed levels. Third, stay out of the market when the trend is unclear, don’t blindly push in.
With this methodology, I climbed out of the abyss of consecutive liquidations and gradually moved toward stable profits. In a year, my account tripled. What I want to tell everyone here is that in the crypto world, the real money isn’t made by those who perfectly predict the market, but by those who can survive and continue operating.