Entering the contract market, the biggest fear isn't how the market moves, but accidentally losing everything yourself.

Some people's accounts go from activation to zero in just a few seconds. Why? Because they step on all the common rookie traps.

**Trap 1: Leverage Multiplier Spiked to the Sky**

Starting out wanting to go all-in to turn things around, with 50x, 100x leverage directly applied. When the market fluctuates slightly, the account immediately evaporates, and they can't react in time. This isn't bravery, it's gambling with your life. 3 to 5x leverage is actually enough, it can withstand volatility and gives room for mistakes. Trading contracts is about surviving longer, not about having a big ego.

**Trap 2: Never Set a Stop-Loss, Keep Holding on**

Always thinking that waiting a bit longer will solve the problem, but the more they lose, the more reluctant they are to close the position. But the market doesn't care whether you're willing or not—if it needs to fall, it will fall. Before opening a position, think through the worst-case scenario. Stop-loss isn't about admitting defeat; it's about leaving yourself a backup. When you make a profit, tighten your stop-loss quickly. Leaving alive is more important than anything else.

**Trap 3: Going All-In as Soon as You Remember**

Thinking that an opportunity has come and one trade can solve everything. But trading is about risk control; risk per trade shouldn't exceed 2% of your capital. For a 10,000U account, even with 10x leverage, the loss on a single trade should ideally be kept within 200U. That way, no matter how crazy the market gets, you won't die.

**Trap 4: Completely Driven by Emotions**

Fear of missing out when prices rise, panic when prices fall, chasing highs and selling lows becomes a conditioned reflex. Those who truly make money have long planned their moves; they act according to their plan when entering the market, regardless of how wild the charts are. Instead of staying up late staring at K-lines, doing fewer trades with clear decisions is more valuable.

**Trap 5: Not Taking Exchange Risks Seriously**

Slippage, extreme market conditions, and the power of sudden moves are much bigger than you think. Mainstream platforms are relatively reliable, but before and after major data releases, it's better not to trade if you can avoid it. Sometimes, doing nothing is the best move.

The contract market is indeed ruthless, but it only eliminates those who don't understand the rules. Don't rush to gamble with your principal; first learn to survive, walk steadily, and the road will be long.