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Many people shout "HODL," but behind the scenes, they play with contracts, ending up liquidated to zero.
Real tough players use 5x leverage, steadily and carefully, multiplying their wealth dozens of times in a year.
But the reality is, 99% of people playing with contracts can't escape the "Three Killings"—losing all their principal, mental breakdown, and collapsing faith.
The market makers have long understood retail traders' psychology, focusing on technical traders' stop-loss lines to control the market.
You think you understand MACD and RSI signals, confident you can make big money, but in the next second, a big spike hits you through, and billions of liquidation orders across the network vanish in an instant.
Short-term contracts are not really investing; they’re more like gambling with the market maker: even if you win nine times in a row, one greed-driven or hesitant move can wipe out all your previous profits.
Many start with small gains using 5x leverage, then greedily aim for 10x or 20x, increasing their position sizes and pushing their stop-losses further away.
When losing 10%, they think "I'll hold on a bit longer," at 30% loss they hope "it will rebound," and at 50% loss, they become numb until the liquidation alert sounds, awakening them: the contract market never pampers the greedy.
Don’t rush to add to floating profits; stop-losses must be strictly enforced.
High-leverage all-in bets only accelerate losses.
The scariest thing isn’t losing money, but making a little profit and becoming arrogant—someone who turns 50k into 5 million and thinks they’re a "contract master," only to misjudge the big trend and hold on stubbornly, losing everything overnight.
True experts understand: take out your principal once you reach 50% profit, trade no more than three times a week, and always maintain respect for the market.
Finally, ask yourself: can you accept losing everything?
If not, stop early; if yes, stick to discipline and wait for the right opportunity.
Follow Cat Brother’s advice, and you won’t go wrong.