Late at night, I received a voice message from a friend, voice trembling: "I opened a 50x long position with 10,000 bucks, and one pullback wiped me out. Is this normal?"

Looking at the trading record, it’s obvious. This guy put almost all his capital into one shot, with no stop-loss and no buffer space. When the market fluctuates slightly, his account is immediately blown up.

Many people have a misconception about "full position," thinking this approach is more resistant to drops. In fact, the opposite is true—using the wrong full position is more dangerous than high leverage.

The key issue isn’t how many times leverage you use, but how heavy the position you put in all at once is.

If you throw your main capital directly into the market, a normal technical correction can kick you out; but if you only test the waters with a small part, even if you’re wrong in your judgment, your account still has room to continue operating.

In recent years, I’ve had fewer pitfalls using full positions, and the reason is simple: I never treat full positions as a gamble.

Every trade is within the range of "affordable losses." If I’m wrong, I cut my losses immediately, and the account can still survive to keep playing. During sideways markets, I’d rather stay idle than force trades. When a trend appears, I take a bite and then exit; I don’t blindly add more after making a profit.

True full position means leaving enough room for error, not amplifying gambling tendencies. Only by staying alive do you have the qualification to talk about doubling your money. Always hoping to turn the tide in one shot, but the market usually first changes your account.

In the crypto world, it’s never about who has the bigger guts, but who survives longer and makes fewer mistakes. Earning a little slower doesn’t matter; going far is the real win. Those who can survive in the market and still make money are always the ones who dare to stay in sync with the market rhythm.

Are you ready?