At two in the morning, a fren from Jiangxi called, sounding very urgent: "Bro, I opened a 10x leverage with 10,000 yuan, and after a 3% fall, my account got wiped out. How is this possible?"

I flipped through his trading records, entering the market with a full position of 9500 without even setting a stop loss. I understood all at once.

Many traders have a misconception - thinking that using the full position is equivalent to the account being able to withstand risks, but little do they know that it's the opposite. If the full position is not used properly, one can actually fall faster.

**Leverage is not the issue, position size is.**

For example. 10,000 account:

- 9000 fren opens 10x, market reverses by 5%, directly liquidated
- But if you only invest 1000 yuan with 10 times leverage, it will take a 50% fall to wipe out your account.

He just put 95% of his account in, leveraged at 10 times, and a small pullback wiped it all out.

**My three iron rules for doubling my funds without liquidation in half a year**

Article 1: A single position shall not exceed 20% of the total capital.

10,000 yuan account, with a maximum investment of 2,000 at a time. Even if the direction is wrong, a stop loss of 10% will only result in a loss of 200, and the principal remains intact, allowing for a comeback at any time.

Article 2: The maximum loss in a single instance is 3% of the total funds.

For example, if you start with 2000 and use 10x leverage, setting a stop-loss point at 1.5% in advance, you can lose a maximum of 300. This way, even if you get it wrong several times in a row, it won't hurt too much.

Article 3: Do not open positions in a volatile market, and do not add to positions even if there are profits.

Only focus on trend breakthroughs; no matter how tempting the sideways market is, wait. Once a position is opened, do not add to it, as this can effectively avoid emotional trading.

**The True Meaning of Full Margin**

The initial design of the full margin model is to leave some buffer space for market fluctuations. However, the premise must be to test with a light position and strictly implement risk control.

A fan previously faced liquidation every month, but after following these three rules for 3 months, his 5000 yuan grew to 8000 yuan. He later said: "I used to think going all in was like gambling with my life, but now I understand it’s actually to live more steadily."

In the cryptocurrency circle, the competition ultimately is not about who makes money quickly, but rather who can last longer.