The contract market is like a magnifying glass — it can quickly double your profits when you're winning, but it can also wipe you out instantly when you're losing. I turned 6,000 USD into 220,000 USD, not by luck or some mysterious technique, but by strictly following trading discipline.

My approach is indeed aggressive: dividing 6,000 USD into ten parts, each time opening a position with 600 USD using 100x leverage. If the market moves in the right direction, just one point can double your money; if it moves against you, your account is wiped out instantly. This method sounds deadly, but the key is — I set five ironclad rules to combat the risks of leverage with discipline.

**Rule 1: Cut losses quickly, don’t bet on rebounds**
Many people lose money and then wait for a rebound. The market doesn’t care about your psychological expectations. When your stop-loss point is hit, close the position immediately. A wipeout compared to numerous small losses — once you do the math, you’ll see which is more cost-effective. Accepting a loss is tough, but compared to the despair later, this small price is worth paying.

**Rule 2: Stop trading after five consecutive losses**
When the market is chaotic, even the smartest traders can become confused. I set a simple circuit breaker — after five consecutive losses, I turn off the trading app, go to sleep, take a walk, or do something else. Experience tells me that most of the time, the market will reveal a clear direction the next day, and this night’s calmness is valuable.

**Rule 3: Withdraw profits as soon as you make money**
The numbers in your account look good, but that’s just on paper. If you make 3,000 USD profit, I will withdraw half to my spot wallet, then finally convert it to fiat currency. Real money in hand brings peace of mind. Floating profits in the account can be wiped out by a sudden market move at any time, but the money you withdraw is always yours.

**Rule 4: Follow the trend, avoid oscillations**
In a trending market, 100x leverage is like a printing press, with money flowing into your account continuously. But in sideways or choppy markets, the same 100x leverage becomes a meat grinder, quickly eroding your funds. When there’s no clear direction, I prefer to do nothing. Waiting costs far less than reckless trading. Sometimes, the smartest move is not to trade at all.

**Rule 5: Never risk more than 10% of your total funds on a single position**
There’s a reason I only use 600 USD each time. Light positions keep your mindset stable, and you can afford to lose without panic, enabling rational decisions. I’ve seen too many stories of people going all-in — some become legends, others lessons. I choose a more conservative approach — leaving room for mistakes, so I won’t die even if I lose ten times.

These five rules seem simple, but executing them tests human nature. Especially when you’re in profit and can’t resist the urge to bet bigger. I’ve seen too many people go from 220,000 USD back to 6,000 USD because of greed, or even worse.

Contract trading is never a tool for overnight riches — that’s just an illusion. Its true essence is a game of risk and reward, with victory or defeat in your hands through discipline and patience. With a solid stop-loss system, rational position management, and accurate trend judgment, you can survive longer in the market and earn more steadily.

Long-term traders in the crypto space are often not the most technically skilled, but the most cautious ones.