In the contract market, I have seen too many people enter full of dreams, only to be eliminated by greed. I have also navigated this path myself.
Turning 3,000 into 280,000 sounds like a fairy tale. But honestly, the process was full of losses, stop-losses, and self-doubt. What has truly kept me alive today is not some trading secret, but a set of survival rules that I have repeatedly tested and finally ingrained into my bones.
In the beginning, like all beginners, I was filled with fantasies of quick doubling. The market woke me up with a few liquidation orders. After that, I completely changed my mindset: I no longer seek overnight riches, only to survive and see the next opportunity.
So I divided my initial 3,000U into ten parts, risking only 30U per trade to test the waters. When the timing was right, I let the profits run; when wrong, I cut losses immediately. It sounds simple, but sticking to it is really difficult—especially when you see others making huge profits with high leverage, which makes it even harder.
I set some ironclad rules for myself. First: after five consecutive losses, I stop trading immediately. Turn off the computer, leave the trading screen, and never continue trading when emotions are high or low. By the next day, when I am clear-headed, I can often see the true structure of the market. Second: profits must be taken immediately. Every time I reach 3,000U in profit, I withdraw half into a cold wallet. Numbers on paper are nice, but only what you truly hold in hand is yours.
In terms of position management, I never risk more than 10%. The benefit of this is that losses won’t hurt too badly, and profits won’t be lost due to over-leverage, forcing greed.
I only trade markets with clear trends that I understand. When a trend is established, I follow decisively; when the market is choppy and unclear, I wait patiently. Most people struggle repeatedly because they stubbornly bet when they shouldn’t.
Some might say this approach is too conservative and profits grow too slowly. But I want to say that the market is not short of paper wealth; what is truly scarce are traders who can safely cash out their gains. Staying alive is a thousand times more important than a single big profit.
If you keep stumbling in the contract market, perhaps what you lack is not more skills or indicators, but a disciplined system that you can execute day after day. When rules become habits, emotions are naturally kept outside the door.
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ImpermanentPhilosopher
· 12-17 07:52
Well said, survival always comes first. I used to be the type who got itchy when seeing others making huge profits, but I only realized after getting beaten badly—that numbers look good but are useless; only when you cash out does it count.
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LuckyHashValue
· 12-17 07:52
That's so true, living is really much more important than getting rich quickly.
I especially agree with the point about a five-loss streak triggering a circuit breaker; many people die emotionally.
This set of discipline systems is simple in theory but really deadly to implement, and I'm still exploring it myself.
Immediately withdrawing the profits earned is a step I previously suffered great losses from; no matter how beautiful the numbers look on paper, it's useless.
That's just how contracts work—there are many small winners but few billionaires, staying sober is the most valuable.
Every time I see others making huge profits, I still have to hold back because the next one to get liquidated could be him.
The 10% position limit, initially felt slow, but now I understand it's a life-saving approach.
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TeaTimeTrader
· 12-17 07:48
You're not wrong; being alive is the hard truth. I've seen too many people boast about wealth on paper.
In the contract market, I have seen too many people enter full of dreams, only to be eliminated by greed. I have also navigated this path myself.
Turning 3,000 into 280,000 sounds like a fairy tale. But honestly, the process was full of losses, stop-losses, and self-doubt. What has truly kept me alive today is not some trading secret, but a set of survival rules that I have repeatedly tested and finally ingrained into my bones.
In the beginning, like all beginners, I was filled with fantasies of quick doubling. The market woke me up with a few liquidation orders. After that, I completely changed my mindset: I no longer seek overnight riches, only to survive and see the next opportunity.
So I divided my initial 3,000U into ten parts, risking only 30U per trade to test the waters. When the timing was right, I let the profits run; when wrong, I cut losses immediately. It sounds simple, but sticking to it is really difficult—especially when you see others making huge profits with high leverage, which makes it even harder.
I set some ironclad rules for myself. First: after five consecutive losses, I stop trading immediately. Turn off the computer, leave the trading screen, and never continue trading when emotions are high or low. By the next day, when I am clear-headed, I can often see the true structure of the market. Second: profits must be taken immediately. Every time I reach 3,000U in profit, I withdraw half into a cold wallet. Numbers on paper are nice, but only what you truly hold in hand is yours.
In terms of position management, I never risk more than 10%. The benefit of this is that losses won’t hurt too badly, and profits won’t be lost due to over-leverage, forcing greed.
I only trade markets with clear trends that I understand. When a trend is established, I follow decisively; when the market is choppy and unclear, I wait patiently. Most people struggle repeatedly because they stubbornly bet when they shouldn’t.
Some might say this approach is too conservative and profits grow too slowly. But I want to say that the market is not short of paper wealth; what is truly scarce are traders who can safely cash out their gains. Staying alive is a thousand times more important than a single big profit.
If you keep stumbling in the contract market, perhaps what you lack is not more skills or indicators, but a disciplined system that you can execute day after day. When rules become habits, emotions are naturally kept outside the door.