#密码资产动态追踪 In contract trading, accurate direction judgment is crucial, so why are you still getting liquidated? A trader’s real experience reveals three easily overlooked traps.

【One of the Hidden Costs: Erosion by Funding Fees】
Funding fees are settled every 8 hours, with both long and short sides paying according to the rate. A seemingly small 0.1% fee can wipe out hundreds of dollars in profit over four days of holding. Even if your direction is correct, being in a high-fee period continuously can silently cut your gains. The simple solution is to avoid periods of consistently high fees or think in reverse—actively take the other side of the fee.

【Liquidation Risks Are Closer Than You Think】
10x leverage doesn’t mean you get liquidated only if the price drops 10%. Considering liquidation fees and slippage, actual liquidation could occur at a 5% drop. Holding a full position often results in being wiped out just before dawn. It’s recommended to use isolated margin mode, keep leverage between 3-5x, and leave enough room for volatility.

【Hidden Costs of High Leverage】
100x leverage sounds exciting, but in reality, both fees and funding costs are calculated based on the borrowed amount. Even with correct market direction, high-frequency costs can erode profits. High leverage is only suitable for very short-term testing; long-term positions must significantly reduce leverage. Remember this rule: the higher the leverage, the lower the tolerance for errors.

Defeating traders often isn’t about misjudging the trend but about insufficient understanding of market rules. To survive longer in the contract market, you need to not only identify the right direction but also master the rules thoroughly.