The most common way for beginners to die in contracts is to treat themselves as if they have large funds. If you only have a few hundred or a couple of thousand yuan, it may seem like leverage isn't high, but a wave of volatility can instantly wipe out your account.

I've seen too many people fall into this trap. Those who truly survive are never in a rush to double their money. What's the difference? It's all about how to manage your positions.

**Splitting Positions Is the First Lesson**

Don't put a whole 1000U at once; split it into 5 parts, and only use 200U each time to enter. A leverage of 5-10 times is enough. Those who start with 50x or 100x leverage are not trading—they're just waiting for the market to hit them with a spike and send them to zero.

Absolutely do not move the remaining funds. If the first trade loses, don't add more; stay calm. Stopping is the right thing to do. I used to play like this in my early days—after a loss, I’d think, "Let's gamble again to recover," but the more I added, the deeper I sank, and finally, I wiped out my entire position. Now I understand: markets are always there. Taking a day or two to think through the reasons for losses is a thousand times more important than stubbornly continuing to trade.

**Take Profits and Cash Out**

This is a common mistake. If you make 500U on a trade, don’t leave it all in your account. At least transfer out 300U, leaving only 200U to continue trading. Holding real profits keeps your mindset stable.

I've seen too many people hold onto floating gains, only to have a big spike wipe out their profits and turn into a loss, forcing them to start over. That feeling is like working for nothing, and it hits your confidence hard.

**The Essence of Risk Control**

With 10x leverage, a 10% wrong move can lead to liquidation. And a 10% daily market fluctuation is perfectly normal. Professional traders have about a 60% win rate, even among experts. So whether you survive depends not on how accurate your judgment is, but on whether your position sizes are small enough and your stop-losses are firm enough.

My own discipline is simple and straightforward: if daily losses reach 2% of total funds, start to be cautious; if losses hit 6%, shut down the software and stop trading—don’t do anything else. For profitable trades, set a breakeven stop-loss first, then let the profits run slowly. Don’t be greedy.

**Final Summary**

Small funds should not rush recklessly. Use low leverage and trade steadily. First, set a good stop-loss before talking about profits. Take profits promptly and cash out in time. Money grows little by little; it’s not made by going all-in.