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First, I want to be honest with everyone—I’m not here to show off my account, but to talk about how to preserve principal and exit steadily in the crypto market’s contract trading.
Seven years ago, I started with $3,000. Back then, I couldn’t find the leverage switch anywhere, and candlestick charts were completely unfamiliar. Now, my account balance has reached eight figures. Looking back on the journey, those mistakes and lessons really make me sigh.
But I have to be honest—these achievements were never built on luck, but gradually understood through a set of "life-saving strategies."
**Start with 1000U as initial capital, and only invest 100U each time to run 100x contracts.** When the market is favorable, a 1% increase can double your funds, but if you pick the wrong direction, you could be wiped out overnight. Because the risk is so high, I always stick to these five bottom lines.
**First: Cut immediately when wrong, don’t hold onto luck**
I blew my position twice when I first started. At that time, I was very naive, thinking I could hold on and rebound, but the market’s cruelty made me realize one thing—the market will never wait for you. Losing more and more, the final outcome is usually the same. When you hit the stop-loss, you must exit; surviving is the only way to have another chance. Fighting the trend always results in the trader losing.
**Second: Stop after five consecutive losses**
Sometimes the market behaves like a lunatic with no logic, swinging wildly. Holding on blindly at this time will only crush your mentality. I set a rule for myself—after five consecutive wrong judgments, I turn off the software and take a break for a day. Often, when I reopen it the next day, the positions I was stuck in have already been automatically closed.
**Third: Take out half of the profit once you reach 500U**
The numbers flashing on the screen are illusions; the real victory is taking the money back to reality. The market can turn around faster than you can flip a page, so once profits reach 500U, I will not hesitate to withdraw at least half. That’s what a true winner does.
**Fourth: Only chase clear trending markets**
When the trend is clear, 100x leverage can shoot you to the moon; but during sideways oscillations, that leverage becomes a harvesting tool. When there’s no clear direction, the smartest move is to stay put. If you get itchy to trade recklessly, nine out of ten times the market will teach you a lesson.
**Fifth: Never risk more than 10% of your principal in a single position**
Full position is like pushing all your chips onto the gambling table—that’s not trading, that’s gambling. Light positions may seem to yield slower returns, but during extreme market conditions, they allow you to think and respond calmly. Overleveraging is like stuffing ten plates onto a buffet tray—you’ll end up feeling uncomfortable.
After years of ups and downs, my greatest takeaway isn’t the account balance, but understanding that in this market, simply surviving and exiting is a victory in itself. Discipline and respect for risk are the common traits of those who go the furthest.