Greed destroys the fool, while discipline saves the hunter.

The day I first entered a contract, I invested 8000U. In just 15 minutes, the account shrank to half of its original size. My fingers trembled uncontrollably on the screen, eyes fixed on the plummeting prices like waterfalls, yet I could do nothing. Those daydreams of "betting once, turning a bicycle into a motorcycle" were shattered completely under the iron hammer of market reality.

The market offers no lucky escape. It teaches me in the cruelest way: there is only one survival rule here—learn to be afraid first.

It was only later that I realized, contract trading is not a casino at all. It’s more like a mirror, vividly reflecting each person's essence—greed, fear, and all those hidden weaknesses.

**The Trap of Survivor Bias**

Every day, industry communities are filled with legends of "10x profits in 24 hours" and "getting rich overnight," but what lies behind these dazzling cases? The data speaks: over 90% of contract participants end up losing money. Truly consistent profits are scarce.

I have seen too many people lose their way in this market: winning a couple of trades and getting cocky, thinking they’ve mastered the market, then going all-in, only to lose everything within days; after losing, they feel unwilling to accept it, stubbornly holding on, slipping from confidence to mental breakdown.

This cycle plays out every day. And the exchanges always stand at the highest point of the game. According to industry insiders, the revenue from contract trading on some top platforms accounts for over 60% of total income. In plain terms, the profit of users is essentially mutual predation, but the exchanges profit from fees all over the world.