#数字资产市场动态 There is a particularly heartbreaking thing in the contract: most people start by putting their entire net worth into it, and the reasoning sounds very reasonable—holding a full position can resist fluctuations and is less likely to be liquidated instantly. But this is a huge cognitive trap.

Full position is not an excuse for reckless trading. If you really use a full position to open 50x leverage, a single opposite fluctuation can wipe out your account immediately. I’ve seen too many people with $5,000 daring to throw in $4,800 at once to gamble on short-term moves. When the market shakes, their entire account gets liquidated in an instant, and they can’t even react in time.

One thing to understand: the meaning of full position is to give you a little more breathing room to stay alive, not to use as chips for betting on fluctuations.

Two people both open 10x leverage: one loses a bit and immediately stops out and runs, the other holds on with the account, and in the end, one makes money while the other gets liquidated. It looks like a luck difference, but in reality, it all comes down to one word—position size.

Here’s a straightforward example to make it clear:

**Scenario A:** Account has $1,000, only $100 used to open a 50x contract. Even if the judgment is wrong, a timely stop loss results in only a few dollars lost, and the remaining $900 stays in the account—you’re still alive.

**Scenario B:** Account has $1,000, directly puts in $900, even with only 10x leverage, a market fluctuation can wipe out the entire account.

The difference is so big.

So don’t ask anymore which leverage is safer. The real question you should ask yourself is: what proportion of my account did I use for this trade? Did I set a stop loss? If the market moves against me, can I withstand the loss?

I still use full position for contracts now, but there are a few strict rules I never break:

- **Never enter more than 20% of the total account in a single trade** — this way, even if I lose five times in a row, the account structure remains intact.
- **Must set a stop loss, controlling single trade loss within 3% of the principal** — this is the bottom line for survival.
- **Don’t trade wildly in volatile zones** — and avoid impulsively doubling down in a frenzy.

To survive in the contract market, it’s not about avoiding risk but learning to manage it. Manage the risk well, and you naturally create room for survival.

The true meaning of full position is to allow you to adjust more flexibly amid fluctuations, not to go all-in at once. This is a system, not gambling.