2026-01-12 10:10:15

#密码资产动态追踪 $ZEC

Many people get excited when looking at contracts, eager to jump in. But I have to be honest, this stuff isn't something you can master through brute force.

Ultimately, contracts are just spot trading with leverage added. It sounds fancy, but in practice, it boils down to one word: amplify. Gains are amplified, risks are amplified too, making profits fly quickly but losses even harder. If you don't understand the ins and outs and rush in, you're probably just working for the market.

A lot of beginners fall into the first trap of ignoring funding fees. When positive funding rates appear, longs are paying shorts. Still chasing longs at this point? That's basically taking the last hit. Conversely, with negative funding rates, shorts are paying longs. The market might not have finished its move yet, so don't rush to think you've found the bottom.

Regarding leverage multiples, don't max it out right away. It's not about testing courage; it's about understanding your own discipline. 3 to 5x is already a reasonable limit for beginners. Over 10x? That's not about bravery anymore; it's about testing your discipline.

My own approach to contract trading is quite simple. First, look at the big picture—being aligned on the daily chart is crucial. No matter how precise your short-term analysis is, if the direction is wrong, it's all pointless. Once the direction is confirmed, wait for a pullback opportunity; don't chase the price. If the position feels uncomfortable, better to miss out than force an entry.

Once you open a position, set your stop-loss immediately. Close out when losses hit the limit—no lingering hopes. When you make profits, don’t wait for dreams to come true; take a few points of profit and lock in the gains. Let real money go into your wallet first.

There's also a detail that's easy to overlook: position management. Using 30% of your total funds for a single trade is already a heavy hand. Don’t put your entire net worth on one K-line. Contracts don’t turn around that fast; success depends on surviving long enough to win steadily.

Let me share something tough—markets create opportunities every day, but once your principal is gone, all those opportunities mean nothing to you.

I've been down this road, stepped into those pits myself. The path is laid out here; whether you walk into it is your decision.

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AirdropHuntress

· 14h ago

Honestly, the funding fee really screwed people over. Still daring to chase higher rates, I just don't understand the logic. Living is more important than making quick money. It takes roughly tens of thousands of yuan to get this concept into your head. Those who don't set stop-losses are future exiters; data shows that on average, these people can't last more than three months. 3 to 5 times is enough; greedy people usually end up in one of two ways—either doubling their principal or going to zero. Watching others make 10x profits makes you itchy, but after trying it once yourself, you'll be honest.

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BlockchainDecoder

· 21h ago

Research shows that the core idea of this article—the inverse relationship between funding rates and leverage multiples—was actually systematically demonstrated in the 2019 paper "Derivatives Markets Microstructure." From a technical perspective, the author's emphasis on the "3 to 5 times reasonable upper limit" recommendation aligns with risk management models for 90% of long-term surviving traders. It is worth noting that the three-tier position management limit, which is the proportion used in the Kelly criterion's practical application, can maximize geometric growth rate. However, I believe an additional point should be mentioned— the psychological cost of stop-loss execution is often severely underestimated, and this aspect is not discussed in enough depth in the paper.

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MEVHunterNoLoss

· 01-12 10:40

It all sounds right, but when it comes to losing money, no one listens. Contracts are like a tightrope between quick wealth and quick bankruptcy. 3 to 5 times? I've seen many people say that and then turn around to make 10 times, and then there's no follow-up. Funding fees are indeed easy to fall into traps, repeatedly being taught lessons. No matter how eloquently you speak, in the end, it's still a matter of mindset and discipline, and ironically, these two are the hardest.

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CompoundPersonality

· 01-12 10:40

Well said. The funding fee is really a blind spot for the vast majority of beginners, and most of them don't even realize they've been exploited.

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CountdownToBroke

· 01-12 10:30

This guy's words hit too close to home. I'm the kind of idiot who initially maxes out leverage, and now I regret it so much. Wait, can I chase more during the fee rate period? Why didn't I think of that? Just a few points and I'm out. It sounds simple, but it's really hard to stay mentally prepared when executing. I used to completely ignore position management. No wonder I kept going all in and all out. Living long and winning steadily—this phrase needs to be pasted on my trading account.

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MoneyBurnerSociety

· 01-12 10:20

Bro, you're so right. I am the living example of someone still adding to their position with tenfold leverage. Honestly, I've suffered so much from the funding fee... I'm still chasing the positive rate, and it's truly social death. Now I realize that being alive is way more important than making money. If the principal is gone, it's really gone.

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TommyTeacher

· 01-12 10:18

It sounds like fees are indeed easily overlooked by beginners. Exactly, the trading fee is just a trap for the unwary. 10x leverage is playing with fire; I've seen many get wiped out in one shot. Stop-losses really need to be strict; those who can't bear to lose end up losing everything. Position management is the key to survival, not relying on a single double. Indeed, if the principal is gone, it's really game over.

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TokenomicsDetective

· 01-12 10:16

Wow, another contract discouragement article, but this guy really speaks the truth That's right, chasing high fees just makes you the bag holder Fund management is the true mystique of survival, I've already realized that

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