The crypto world is like this: making money is fast, losing money even faster. During my process of turning 3000U into 280,000U, it wasn’t luck that got me there, but strictly adhering to five bottom lines.
Contract trading is indeed刺激——a successful move can make you rich overnight; a wrong move can wipe out your account instantly. So my approach takes an extreme route: dividing 300U into ten parts, each time only risking 30U with 100x leverage. If the market moves in your favor, just a single point can double your money; if wrong, those 30U are gone. This tactic is very risky, but as long as you stick to the rules, you can survive in this market.
**First Rule: Cut losses ruthlessly, don’t hope for a rebound**
When I first entered the scene, I got liquidated twice, both times because I stubbornly waited for a rebound. The market won’t be kind—it will never cater to gamblers’ mentality. When hitting the stop-loss, just get out decisively. Admitting a loss is much smarter than self-deception.
**Second Rule: Shut down after five consecutive losses**
When the market is chaotic, continuing to fight with high leverage is suicidal. I set a circuit breaker for myself—if I lose five trades in a row, I immediately close the software and take a break. When I look again the next day, the market is usually clearer.
**Third Rule: Withdraw once you earn 3000U**
The numbers on your trading account are just illusions—one big crash, and they disappear. I established a rule: once I earn 3000U, I withdraw at least half to my wallet. Only real money in hand counts as a win.
**Fourth Rule: Follow the trend, stay away from volatility**
In a trending market, 100x leverage is like a rocket booster; but in choppy conditions, it becomes a meat grinder. When there’s no clear direction, I choose to turn a blind eye, waiting for signals to become fully clear before making a move.
**Fifth Rule: Never risk more than one-tenth of your principal**
Going all-in is a death wish. My trading size is always 30U—big enough to lose but also steady to win. Light positions keep my mindset stable, and my operations remain calm.
These five rules may seem insignificant, but they are lifesavers in the high-leverage contract battlefield, helping you prevent your principal from exploding and your account from being wiped out, ultimately rolling into a snowball.
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The crypto world is like this: making money is fast, losing money even faster. During my process of turning 3000U into 280,000U, it wasn’t luck that got me there, but strictly adhering to five bottom lines.
Contract trading is indeed刺激——a successful move can make you rich overnight; a wrong move can wipe out your account instantly. So my approach takes an extreme route: dividing 300U into ten parts, each time only risking 30U with 100x leverage. If the market moves in your favor, just a single point can double your money; if wrong, those 30U are gone. This tactic is very risky, but as long as you stick to the rules, you can survive in this market.
**First Rule: Cut losses ruthlessly, don’t hope for a rebound**
When I first entered the scene, I got liquidated twice, both times because I stubbornly waited for a rebound. The market won’t be kind—it will never cater to gamblers’ mentality. When hitting the stop-loss, just get out decisively. Admitting a loss is much smarter than self-deception.
**Second Rule: Shut down after five consecutive losses**
When the market is chaotic, continuing to fight with high leverage is suicidal. I set a circuit breaker for myself—if I lose five trades in a row, I immediately close the software and take a break. When I look again the next day, the market is usually clearer.
**Third Rule: Withdraw once you earn 3000U**
The numbers on your trading account are just illusions—one big crash, and they disappear. I established a rule: once I earn 3000U, I withdraw at least half to my wallet. Only real money in hand counts as a win.
**Fourth Rule: Follow the trend, stay away from volatility**
In a trending market, 100x leverage is like a rocket booster; but in choppy conditions, it becomes a meat grinder. When there’s no clear direction, I choose to turn a blind eye, waiting for signals to become fully clear before making a move.
**Fifth Rule: Never risk more than one-tenth of your principal**
Going all-in is a death wish. My trading size is always 30U—big enough to lose but also steady to win. Light positions keep my mindset stable, and my operations remain calm.
These five rules may seem insignificant, but they are lifesavers in the high-leverage contract battlefield, helping you prevent your principal from exploding and your account from being wiped out, ultimately rolling into a snowball.