The most heartbreaking truth in contract trading is simply this: true experts have already thought through the worst-case scenario the moment they click confirm.
It's not about praying desperately after entering the position, but about mentally preparing in advance—this trade might lose, and I can accept that.
I've seen too many accounts where, at the moment of opening a position, the mind is full of "how much can I make," only for the market to turn, and the mindset to collapse instantly.
**Stop-loss is not a suggestion, it's a must**
Setting a stop-loss but forcibly canceling it is the most common routine leading to liquidation. When the price hits the stop-loss level, hesitation begins—"Wait a bit, it might rebound," and then what? Risk spirals out of control instantly.
The market will never negotiate with you. Exit decisively, don’t bargain with the market.
**Leverage is just a tool, not courage**
This is a huge trap. Using 20x leverage on a 5000U capital seems to move a position of 100,000, but if the market moves 5% against you, your account is wiped out.
This isn’t trading; it’s gambling.
The amount of drawdown you can withstand should match your position size—this is basic common sense. High leverage doesn’t make you earn faster; it only amplifies the risk exponentially.
**Floating profits are the most dangerous**
When the account turns red, people are most prone to impulsiveness. "Add another position! Make another profit!"—the decisions made at this moment are often the worst.
The truly long-lasting traders think the opposite when their account turns green: how to protect this profit? Floating gains are signals to move the stop-loss and lock in profits, not a license to add positions.
**Stay calm even when losing**
During consecutive losses, people develop a pathological impulse—"Quickly recover the losses." The more anxious, the more mistakes—one bad trade after another.
Smart traders will take the initiative to pause: close the software, review why they stopped out, and wait until their mindset truly calms down before proceeding.
A blunt summary: the market offers endless opportunities, but also endless traps. The traders who last the longest are never the ones who place the most aggressive orders, but those who can afford to lose and walk steadily.
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BlindBoxVictim
· 01-08 10:11
The moment I canceled the stop loss, I was immediately sent away.
View OriginalReply0
Anon32942
· 01-07 16:40
That was really harsh, hitting right at the heart.
One tremble and the stop-loss is canceled—I've seen this move too many times.
The people who added positions during the floating profit wave, most of them didn't make it to this year.
Brothers trying to recover from losses, their accounts have long been wiped out.
Close the software and calm down, it can really save your life.
High leverage is a gambler's suicide note.
If your mindset isn't well-built, no matter how much money you have, it's all useless.
No one in the market is bargaining with you; this must be ingrained in your mind.
View OriginalReply0
MerkleDreamer
· 01-05 11:53
To be honest, the hardest part during a loss is not touching the keyboard, and I have to admit that.
View OriginalReply0
gm_or_ngmi
· 01-05 11:51
Making peace and stopping losses is truly a life-and-death line; I've seen too many people die on the words "just a little longer."
View OriginalReply0
ServantOfSatoshi
· 01-05 11:50
To be honest, the part about unrealized gains really hit me. The moment I added to my position, I truly lost my mind.
View OriginalReply0
SchroedingerGas
· 01-05 11:44
To be honest, the part about 20x leverage really hit me; too many people mistake gambler mentality for trading skills.
View OriginalReply0
BagHolderTillRetire
· 01-05 11:32
Stop-loss cancellation always leads to liquidation; I've seen this trick too many times, haha.
The most heartbreaking truth in contract trading is simply this: true experts have already thought through the worst-case scenario the moment they click confirm.
It's not about praying desperately after entering the position, but about mentally preparing in advance—this trade might lose, and I can accept that.
I've seen too many accounts where, at the moment of opening a position, the mind is full of "how much can I make," only for the market to turn, and the mindset to collapse instantly.
**Stop-loss is not a suggestion, it's a must**
Setting a stop-loss but forcibly canceling it is the most common routine leading to liquidation. When the price hits the stop-loss level, hesitation begins—"Wait a bit, it might rebound," and then what? Risk spirals out of control instantly.
The market will never negotiate with you. Exit decisively, don’t bargain with the market.
**Leverage is just a tool, not courage**
This is a huge trap. Using 20x leverage on a 5000U capital seems to move a position of 100,000, but if the market moves 5% against you, your account is wiped out.
This isn’t trading; it’s gambling.
The amount of drawdown you can withstand should match your position size—this is basic common sense. High leverage doesn’t make you earn faster; it only amplifies the risk exponentially.
**Floating profits are the most dangerous**
When the account turns red, people are most prone to impulsiveness. "Add another position! Make another profit!"—the decisions made at this moment are often the worst.
The truly long-lasting traders think the opposite when their account turns green: how to protect this profit? Floating gains are signals to move the stop-loss and lock in profits, not a license to add positions.
**Stay calm even when losing**
During consecutive losses, people develop a pathological impulse—"Quickly recover the losses." The more anxious, the more mistakes—one bad trade after another.
Smart traders will take the initiative to pause: close the software, review why they stopped out, and wait until their mindset truly calms down before proceeding.
A blunt summary: the market offers endless opportunities, but also endless traps. The traders who last the longest are never the ones who place the most aggressive orders, but those who can afford to lose and walk steadily.