Contracts are not something to be taken lightly. Don't jump in without real skills, especially in leverage trading. One careless move, and your account could blow up, with your principal instantly wiped out. I've seen too many beginners open positions based on feelings, only to be liquidated and lose everything. To trade contracts, you need to at least understand candlestick charts, be able to identify support and resistance levels, and grasp the basics of money management. You also need to have risk control awareness—never put your entire net worth into a single trade. If you're still in the research phase, just stick to spot trading and wait until you truly understand the market rhythm. Contract trading can be lucrative, but the risks are even more deadly.
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LiquidityWitch
· 11h ago
Really, I've seen too many newbies lose everything... If you don't do risk control, you're just waiting for liquidation.
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StablecoinSkeptic
· 11h ago
It's the same old story, but there's really nothing wrong with it. But honestly, most people just can't listen, and they have to blow up their positions once to learn their lesson.
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LightningPacketLoss
· 11h ago
Uh... another painful lesson. I've seen too many people around me get wrecked.
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ChainWallflower
· 11h ago
It's the same old story again, but it's definitely true... Another brother around me got liquidated. Leverage really is a meat grinder.
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GasFeeWhisperer
· 11h ago
After losing heavily a few times, I realized that trading contracts is really not gambling.
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hodl_therapist
· 11h ago
Another newbie woke up scared after a contract liquidation, haha
Contracts are not something to be taken lightly. Don't jump in without real skills, especially in leverage trading. One careless move, and your account could blow up, with your principal instantly wiped out. I've seen too many beginners open positions based on feelings, only to be liquidated and lose everything. To trade contracts, you need to at least understand candlestick charts, be able to identify support and resistance levels, and grasp the basics of money management. You also need to have risk control awareness—never put your entire net worth into a single trade. If you're still in the research phase, just stick to spot trading and wait until you truly understand the market rhythm. Contract trading can be lucrative, but the risks are even more deadly.