The most terrifying thing about entering the contract market is not how the market fluctuates, but whether you step in the right way; otherwise, your account could be wiped out immediately.

Recently, I've seen too many stories of beginners losing everything as soon as they enter the market. $BTC $ETH $SOL's price hasn't dropped too sharply, but these people still managed to lose their principal. Tracing the root cause, it often comes down to these critical mistakes.

**Opening with too much leverage**

People tend to impulsively go all-in with 50x, 100x leverage to turn things around. Even a small market move can wipe out your account. Contracts, frankly, rely on rhythm rather than luck. Using 3x or 5x leverage is slower but can withstand about 20% market fluctuations, giving you room to adjust and breathe.

**Holding without stop-loss**

"Wait a bit longer, it will rebound"
"Already lost 50%, taking a loss is too painful"

I've heard these words too many times. The result is greedier waiting, and finally, losing everything in one trade. You must set a stop-loss when opening a position, and after making a profit, move the stop-loss line upward to lock in gains. This is the way to survive longer.

**Going all-in in one shot**

Is a rare opportunity worth risking your entire capital? Then prepare for your principal to go down the drain. Use this formula: maximum single position = principal × 2% ÷ leverage. If you have 10,000 USDT and use 10x leverage, don’t open a position larger than 200 USDT. Even if the market reverses, you won't be liquidated instantly.

**Being driven by emotions**

Chasing high during a surge, cutting losses during a plunge—this FOMO mentality accounts for 80% of liquidations. The market never owes calmness to anyone. What you need to do is plan your trades in advance, execute them unwaveringly, avoid staying up all night watching the charts, and detach your emotions from trading.

**Not understanding the exchange's tricks**

Terms like "price insertion" and "slippage" often catch newbies off guard, making them realize how brutal the market can be. Only mainstream exchanges and legitimate contract platforms are reliable, especially before extreme market conditions or major news—be extra vigilant.

The crypto contract market is like this: brutal but full of opportunities. Understand these five pitfalls clearly, and you'll have a chance to survive and profit.