Contract Trading: The Veteran Trader’s Survival Guide to Playing with Fire

If you want to enter the crypto space and trade contracts, nine out of ten are aiming for "small bets for big gains, getting rich overnight." I’ve been trading for over ten years, making money and losing money, and I know this is a life on the edge. Want to play? First, memorize these life-saving rules below.
Leverage is the devil; beginners should not open it recklessly. $GUA
Starting with 10x or 20x leverage isn’t trading, it’s gambling. I now use at most 1-3x, trading small positions to follow the trend; even if I’m wrong, it won’t hurt me badly.
Only take trend-following trades.
In a bull market, go long; in a bear market, go short; in a sideways market, either stay out or trade lightly. Trading against the trend is just giving away money.
Stop-loss must be set; when it hits, cut your losses without hesitation. $ETH
The biggest mistake in contracts is holding onto a position; market reversals can lead to instant liquidation. Set your stop-loss before entering, don’t hesitate when it hits, act decisively.
Doing less is more important than doing more.
Trading dozens of times a day is less effective than getting one good trade per week. Be patient and wait for the best opportunity; a single accurate strike is enough.
The bottom line: only use idle funds. $LAB
Never borrow money or increase leverage to push hard. Keep a steady mindset; only then can you survive in contracts.
Contracts can make quick money, but they can also wipe you out overnight. Respect the market, control your risks—this is the long-term way. No gambling. If you want to trade steadily, there’s still room in the team. $BTC