#数字资产市场洞察 At 2 AM, a fren from Jiangxi sent a voice message, sounding devastated: "Bro, 10x go long with 10,000 U, and it got Get Liquidated after only a 3% pullback. What happened?"

I flipped through his position record - he went long with a full position of 9500U, without even setting a stop loss.

This is the most common misconception in crypto trading. Many people think that using all funds means being "confident", but in reality, it's just the opposite; using all funds incorrectly can lead to getting liquidated faster than anything else.

**The key is not in the leverage, but in how much money you invested**

You will understand by comparing with a 1000U account:
- 900U go long 10 times? If the market reverses by 5%, the account will be directly liquidated.
- 100U go long 10x? Need a pullback of 50% to Get Liquidated

My fren just put 95% of the total capital in, with 10x leverage, and any slight fluctuation means Game Over.

**I have used 3 trading disciplines for half a year, never got liquidated and even doubled my money**

First, a single position should not exceed 20% of the total funds. For a 10,000 U account, the maximum investment per transaction is 2,000 U. Even if the direction is wrong and a stop loss of 10% is triggered, the loss would only be 200, keeping the principal intact and allowing for a comeback at any time.

Second, the loss per trade should never exceed 3% of the total position. For example, if you open a 10x position with 2000U and set a stop loss at 1.5%, a loss of 300U is exactly 3% of the total funds. Even if you make several mistakes, you can still hold on.

Third, do not open positions in a sideways market and do not add profits. Only chase the trend-breaking market; no matter how enticing the fluctuations are, just observe. After opening a position, absolutely do not add to it; emotional trading is a chronic poison for the account.

**The original meaning of full position is risk buffer, not gambling with your life**

A fan previously got liquidated every month, but after following this set of rules for 3 months, they rolled 5000U into 8000U. They are right: "I used to think going all-in was about risking my life, but now I understand that going all-in is to live more steadily."

In the crypto market, it's not the person who rushes the fastest that wins, but the one who can survive the longest.