#大户持仓动态 Most people think that as long as they can predict the direction of the contract correctly, they can make money. I personally verified this with 730,000 - this idea is completely wrong.

The year I entered the market, I was trapped by contracts. In half a year, my account lost 730,000. The most ironic thing is that I guessed the direction of those market movements correctly. Yet, I still lost everything.

Later, after looking through the settlement sheet, I realized that I didn't lose because of the market conditions, but rather because I was played by the tricks of the market makers.

**First Pit: Rushing to Get On the Bus**
Whenever the market moves, I can't sit still; I immediately go all in when I see a breakout. What happens? As soon as I enter, I get liquidated by a spike. This has happened so many times—clearly, my prediction was correct, but I get swept out before I can take action.

**Second Pitfall: Stop Loss is Set Too Tight**
I have seen too many people set fixed stop losses at 3% or 5%. It sounds cautious, but with such large fluctuations in contracts, this little space is like serving dishes to the market makers. I was once knocked out three times in a row by a "false breakdown," watching the market surge in the direction I predicted, while I had already been kicked out. It was only later that I realized, stop losses should not be fixed at a certain price; they need to be adjusted flexibly with the fluctuations, rather than following your own fear.

**The Third Pit: Bet All Your Assets**
A single all-in gamble means handing your fate over to the market. $BNB I've seen this kind of play before. Even if the direction is correct, as long as the market fluctuates against you for just a few K-lines, your account can instantly go to zero. That night when I was liquidated, I stared blankly at the balance notification, feeling like the whole world had come to a standstill.

Having experienced these bloody lessons, I have set three strict rules for myself:

First, never go all in; divide each order into three positions. Second, manage stop-loss dynamically, adjusting with market fluctuations instead of sticking to a specific number. Third, if you don't understand, don't act; holding cash without a position is also a position choice.

Just operate according to this framework, and I gradually stabilized my profits from frequent liquidations. After a year, my account has tripled.

In the cryptocurrency world, it's never those with the sharpest vision who ultimately win. Those who truly survive and make money are the ones who understand risk management and can endure through cycles. That's just how this market works—being able to read the market is just the foundation; surviving is the real skill.