Many people enter the crypto world to trade contracts, their minds full of dreams of getting rich overnight. What’s the result? In less than a week, the account becomes zero. To be honest, contracts are not something that ordinary people can just casually touch – it is true that you can make money fast, but it is also true that you can lose money even faster.
I have personally guided several fans in practice, steadily growing from a principal of 10,000 to 300,000 before cashing out. It's not based on luck, but purely on the experience gained from investing real money and adhering to 5 unbreakable rules.
Back then, my core strategy could be summed up in one word: control. I divided my initial capital of 800U into 4 parts, opening each position with only 200U and using 50x leverage. If I was right, I would double my investment with just 2 points; if I was wrong, I would consider that 200U as tuition. It seems aggressive, but in reality, it was the most stable—because I limited the losses of each operation.
**Rule 1: Stop-loss must be decisive**
The most common way to die in contracts is to stubbornly hold on to the fantasy of "bouncing back and turning things around." I used to do that too, and after blowing up a position once, I realized that luck will only lead to a quicker demise. Since then, I have set a strict rule for myself—once the stop-loss point is reached, I immediately close the position without any hesitation. A timely recognition of a loss is a hundred times more reliable than pointless persistence.
**Article 2: Must stop after three consecutive losses**
It's easiest to make mistakes when the market is unclear. I set up a "circuit breaker" for myself: if I lose three consecutive trades, I immediately shut down my computer and stay away from the screen. After resting for a night and reviewing the trades, the market trends that were previously unclear often become suddenly clear.
**Article 3: Profits should be realized in a timely manner**
This is something many people cannot achieve. The fluctuating numbers in the account do not count as real money; only what is transferred to the wallet is what you have truly earned. My rule is very simple: every time I earn 1500U, I withdraw half. Do not treat paper gains as actual earnings; this way, your mindset can remain stable, and your operations will not go awry.
**Article 4: Follow the trend, stay away from fluctuations**
50x leverage is your profit accelerator in a one-sided market, but it turns into a meat grinder as soon as you enter a volatile range. When the market direction is unclear, it is better to stay in cash and wait for the best opportunity, and you must not blindly open a position. Such discipline can save your life.
**Article 5: Always Leave Room for Position**
Use no more than 10% of your account for each trade, so even if you incur consecutive losses, the principal remains intact. Operating with a light position allows you to always maintain a clear mind; even if you lose this round, there will still be an opportunity to turn things around in the next one.
Ultimately, contract trading is not a path to instant wealth, but a protracted battle of execution power and mindset. There are indeed many opportunities in the crypto world, but there are even more traps. Only by ingraining these 5 iron rules into your bones can you survive in the high-risk contract market until the day you leave with a smile. No matter how tempting the market is, you must stick to your bottom line; no matter how much profit you make, you must know when to take your gains.
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0xOverleveraged
· 7h ago
You're right, very few people can stick to these five rules.
Honestly, I've seen too many people have their dreams of getting rich overnight shattered.
I can deeply relate to the experience of having to stop after three consecutive losses.
Floating profits really don't count; only when you withdraw it is it considered a gain.
That's why most people's accounts drop to zero while a few leave with a smile.
Many people enter the crypto world to trade contracts, their minds full of dreams of getting rich overnight. What’s the result? In less than a week, the account becomes zero. To be honest, contracts are not something that ordinary people can just casually touch – it is true that you can make money fast, but it is also true that you can lose money even faster.
I have personally guided several fans in practice, steadily growing from a principal of 10,000 to 300,000 before cashing out. It's not based on luck, but purely on the experience gained from investing real money and adhering to 5 unbreakable rules.
Back then, my core strategy could be summed up in one word: control. I divided my initial capital of 800U into 4 parts, opening each position with only 200U and using 50x leverage. If I was right, I would double my investment with just 2 points; if I was wrong, I would consider that 200U as tuition. It seems aggressive, but in reality, it was the most stable—because I limited the losses of each operation.
**Rule 1: Stop-loss must be decisive**
The most common way to die in contracts is to stubbornly hold on to the fantasy of "bouncing back and turning things around." I used to do that too, and after blowing up a position once, I realized that luck will only lead to a quicker demise. Since then, I have set a strict rule for myself—once the stop-loss point is reached, I immediately close the position without any hesitation. A timely recognition of a loss is a hundred times more reliable than pointless persistence.
**Article 2: Must stop after three consecutive losses**
It's easiest to make mistakes when the market is unclear. I set up a "circuit breaker" for myself: if I lose three consecutive trades, I immediately shut down my computer and stay away from the screen. After resting for a night and reviewing the trades, the market trends that were previously unclear often become suddenly clear.
**Article 3: Profits should be realized in a timely manner**
This is something many people cannot achieve. The fluctuating numbers in the account do not count as real money; only what is transferred to the wallet is what you have truly earned. My rule is very simple: every time I earn 1500U, I withdraw half. Do not treat paper gains as actual earnings; this way, your mindset can remain stable, and your operations will not go awry.
**Article 4: Follow the trend, stay away from fluctuations**
50x leverage is your profit accelerator in a one-sided market, but it turns into a meat grinder as soon as you enter a volatile range. When the market direction is unclear, it is better to stay in cash and wait for the best opportunity, and you must not blindly open a position. Such discipline can save your life.
**Article 5: Always Leave Room for Position**
Use no more than 10% of your account for each trade, so even if you incur consecutive losses, the principal remains intact. Operating with a light position allows you to always maintain a clear mind; even if you lose this round, there will still be an opportunity to turn things around in the next one.
Ultimately, contract trading is not a path to instant wealth, but a protracted battle of execution power and mindset. There are indeed many opportunities in the crypto world, but there are even more traps. Only by ingraining these 5 iron rules into your bones can you survive in the high-risk contract market until the day you leave with a smile. No matter how tempting the market is, you must stick to your bottom line; no matter how much profit you make, you must know when to take your gains.