8 Years of Observation: The Truth Behind Traders Who Have Their Accounts Burned

Hello everyone, I’m Nam. With 8 years of experience in the market, I’ve seen too many traders shine like shooting stars only to disappear within a few sessions. Most accounts that get wiped out are not because the market is “too harsh,” but due to un disciplined trading habits. I’ve witnessed many accounts fall from peak to zero. The same scenario repeats in a frightening way. Today, Bân honestly shares common “traps” and how to avoid them for long-term success. Leverage Is Not a Double-Edged Sword – Position Size Is the Real Danger Many people think of futures contracts as high leverage and believe “the bigger the leverage, the higher the risk.” In reality, the most dangerous thing is entering a position with heavy capital and leverage. 20x leverage but risking 30% of your account: just a few opposite candles can wipe you out. 100x leverage but risking very little: the actual risk can be comparable to spot trading. Professional traders always understand a simple formula: Risk = Leverage × Position Size. Pushing your position too large pushes you to the edge of the abyss. Number one survival lesson: Never over-allocate your capital. Market volatility will quickly eliminate those who lack risk awareness. Cutting Losses Is Not Giving Up – It’s Extending Your Survival Many accounts don’t die from a single drop but from… refusing to exit the trade. A 5% loss still waits for a rebound, then another move can wipe you out. My principle is always: each losing trade should not exceed 2% of the total account. Stop-loss is an automatic order that limits losses when the market moves against you. With crypto’s high volatility, not setting a stop-loss is like driving without a seatbelt. Think of stop-loss as a fuse: when the circuit overloads, it will blow to protect the entire system. Increasing Capital Is Not All-In – Profits Come from Control The correct growth rhythm in futures trading is: test first – expand later. Use 10% of your capital to explore the trend. When the trend is clear, use profits to increase your position. Avoid bottom fishing against the trend, and don’t “hold losses.” This approach helps you ride the big waves instead of being knocked out by counter-moves. Trading Is a Probability Game – Risk Management Is a Survival Skill Just remember a few core principles: Risk per trade ≤ 2% Profit/Loss ratio ≥ 1:3 Even if your win rate is just over 30%, your account can still grow steadily. This is based on mathematics, not intuition. Many investors enter the market without basic knowledge, only looking at short-term fluctuations to make decisions – and the cost is often very high. Emotional Control: The Silent Assassin of Traders Large volatility makes emotions easily sway: Price drops → panic, sell-off. Price rises → FOMO, jump in late. Avoid trading based on emotions; it’s the key to long-term success. Regularly review and adjust your strategy, because the crypto market changes extremely fast. Truth from Bân Futures trading doesn’t require reckless blood. It’s not a game of luck. It requires capital management, timing entries, and iron discipline. Those who can keep their drawdowns small will carry lighter burdens; those who can’t, even winning ten times, can lose everything in the next trade. Only use money you can afford to lose. Financial pressure distorts decisions and pushes you into emotional trades. Wishing everyone trading with clarity, longevity, and sustainability. In this market, survival is the first victory.