#美联储回购协议计划 Can contracts really make money? The answer is of course yes.

But the key is - how much you earn and whether you can keep it, this is entirely a personal matter.

I know quite a few traders who deal with contracts. Some have started with an initial capital of 1000U and gradually built it up to tens of thousands of U. There are also those who are more aggressive, turning a capital of 5000U into nearly hundreds of thousands of U in account value. But in the end? One major market movement, one misjudgment, and they all get liquidated back to zero. Then they have to start all over again.

Many people can't understand. They've already made so much money, why don't they know when to take their profits?

The truth is quite simple – after making money, a person's desires are infinitely amplified. After losing money, one becomes anxious and wants to turn it around immediately. Human nature is repeatedly torn between these two extreme emotions.

What truly undermines an account is often not the fluctuations of the market itself, but rather the three common flaws of the traders.

First: Lack of cognitive level.
With only a superficial understanding of the project's fundamentals, completely unaware of the logic and structure behind the cryptocurrency, one rushes in purely based on intuition and news. What’s the result? Being led around by various rumors, one carelessly steps into a pit and ends up losing everything.

Second: The mindset is fundamentally uncontrollable.
Lack of planning and discipline in execution. A slight fluctuation in the market makes one unable to resist adjusting positions, leading to more confusion. What should have been a stop-loss instead becomes a stubborn mentality of holding on in hope. In the end, one either has to admit the mistake or stubbornly hold on until liquidation.

Third: The technical analysis in this area is not strong enough.
Judging trends often goes wrong, and after stopping losses, one has to reduce positions. The smaller the position is reduced, the harder it becomes to recover. The account feels like it's being slowly drained, falling into a vicious cycle that makes recovery impossible.

In contract trading, ultimately, while strategy is important, mindset is the fundamental factor that determines victory or defeat.

Can you remain rational and calmly review your mistakes when facing losses? Can you stay clear-headed and not be blinded by victory when making profits? These two points are much more difficult than any trading skills.

Contracts can be done, but if I were to make an analogy, it's more like a mirror — it magnifies your strengths as well as each of your weaknesses. Ultimately, how far you can go really depends on your own determination and respect for risk.

Opportunities in the crypto world do exist, but there are more traps. The number of people who can truly earn real profits from the market is very few. Therefore, if you are on this path, you must stay vigilant.