Among the traders I have come into contact with, contracts have never been a life-or-death game.

In simple terms, it is just a tool. For those who know how to use it, it becomes an ATM; for those who do not know how to use it, it turns into a debt repayment system.

Have you ever wondered why you always get liquidated when you are the most confident? Why can a single needle pierce through your position? The truth is actually hard to hear: it's not that the market has problems, it's that you simply haven't grasped the way.

I don't talk about metaphysics or sell anxiety. These are the hard rules I've gradually honed after being beaten, washed out, and flipped over in the market. If you follow this, your account may not necessarily become rich, but it will clearly stabilize.

**What contracts really rely on is not courage, but rhythm.**

Let's talk about the battlefield. I only deal with BTC and ETH. Why? Because these two are foundational, have ample liquidity, and their volatility is clean and straightforward. What about altcoins? It's like stepping on the gas and the brakes at the same time; before you realize it, your money is gone.

Let's talk about short positions again. Don't rush to short just because you are bearish. The moving averages on the four-hour chart have been pressed three times, clearly indicating that the market won't go up anymore; it's only at this point that you should take action. Allow a bit of room for stop-loss to avoid awkward operations.

Going long is actually simpler. Never try to catch the bottom during the upward process. Only when the daily chart shows a previous low combined with oversold conditions is it truly a "trap"; at other positions, you are just risking your life for a feeling.

One more thing, many people have perished because of this: if you incur losses, you must stop first. If there’s too much of a drawdown in one day, you should immediately pull back. The more you think about making a comeback, the faster you will die.

You must be patient when entering the market. Start by testing the waters with a small position, and only add to your holdings when the market is in your favor. Those who go all in right away aren't necessarily bold; they simply have no way out.

Profit management is also crucial. The contracts earn from volatility; if you don't lock in profits in time, the market will eventually liquidate you. A trailing stop is not conservative; it is your only moat. You should withdraw at least half of your earnings every month to secure your profits. The number in your account is the easiest to deceive yourself with.

The last one, and also a lifeline: If you experience two unsuccessful operations in a row, stop immediately. Many people actually don't lose to the market, but to the obsession of "just not willing to stop."

In the current market environment, repeated wash trading is most favored. Breakouts without volume support are often traps; the lows created by panic selling may actually present opportunities.

Remember this: Contracts are not about desperation, but about timing. Once you get anxious, you just give your opponent the opportunity.