It's not about showing off wealth; I just want to share some honest thoughts about contracts with everyone.
Seven years ago, I started with $4,000, a complete rookie in contracts who knew nothing. I had to figure out leverage step by step. I suffered quite a few losses back then, holding on to the hope of a rebound even after liquidation, but the market was relentless, and the longer I waited, the more I lost.
Only later did I realize—staying alive is more important than anything. This principle has carried me from a few thousand dollars to eight figures.
My approach is actually very conservative: with a principal of $1,000, I only use $300 each time to trade contracts with 100x leverage. A 1% increase doubles the position, which sounds amazing; a 1% drop could wipe me out overnight. I accept this risk. But the key is that I never break these five rules:
**Rule 1: Stop-loss is the bottom line.** When you hit the stop-loss point, you must act decisively. Staying alive is the only way to have another shot. Don’t fight the market to prove yourself; that’s the gambler’s logic.
**Rule 2: Stop after five consecutive losses.** When the market is crazy and unpredictable, continuing to fight only ruins your mindset. Turn off the software and take a break for a day. Usually, the next day, things look different.
**Rule 3: Withdraw immediately after earning 500U.** The numbers on the screen are virtual. When you make enough profit, take half out—that’s the real win.
**Rule 4: Only dance with the trend.** When a trending market comes, leverage can lift you to the sky; but in choppy markets, leverage becomes a scythe cutting the wheat. When you lack a sense of direction, it’s best to lie flat.
**Rule 5: Keep position size within 10% of the principal.** Going all-in as a gambler leads to only one outcome. Keeping your position light allows you to stay calm in chaotic markets.
Those who truly survive and make money in the contract market are never gamblers—they are people who know when to take a step back.
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FlippedSignal
· 13h ago
The stop-loss lesson was truly a blood and tears experience, but I still think 100x is too intense...
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GhostChainLoyalist
· 15h ago
Sounds good, but how many people can truly stick to these five principles?
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MEVictim
· 15h ago
Setting stop-losses is easier said than done; few people can actually do it.
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TokenUnlocker
· 15h ago
Honestly, these five rules are the lifeline. Many people get stuck at the third rule: withdrawal.
It's not about showing off wealth; I just want to share some honest thoughts about contracts with everyone.
Seven years ago, I started with $4,000, a complete rookie in contracts who knew nothing. I had to figure out leverage step by step. I suffered quite a few losses back then, holding on to the hope of a rebound even after liquidation, but the market was relentless, and the longer I waited, the more I lost.
Only later did I realize—staying alive is more important than anything. This principle has carried me from a few thousand dollars to eight figures.
My approach is actually very conservative: with a principal of $1,000, I only use $300 each time to trade contracts with 100x leverage. A 1% increase doubles the position, which sounds amazing; a 1% drop could wipe me out overnight. I accept this risk. But the key is that I never break these five rules:
**Rule 1: Stop-loss is the bottom line.** When you hit the stop-loss point, you must act decisively. Staying alive is the only way to have another shot. Don’t fight the market to prove yourself; that’s the gambler’s logic.
**Rule 2: Stop after five consecutive losses.** When the market is crazy and unpredictable, continuing to fight only ruins your mindset. Turn off the software and take a break for a day. Usually, the next day, things look different.
**Rule 3: Withdraw immediately after earning 500U.** The numbers on the screen are virtual. When you make enough profit, take half out—that’s the real win.
**Rule 4: Only dance with the trend.** When a trending market comes, leverage can lift you to the sky; but in choppy markets, leverage becomes a scythe cutting the wheat. When you lack a sense of direction, it’s best to lie flat.
**Rule 5: Keep position size within 10% of the principal.** Going all-in as a gambler leads to only one outcome. Keeping your position light allows you to stay calm in chaotic markets.
Those who truly survive and make money in the contract market are never gamblers—they are people who know when to take a step back.