I have been fighting in the live trading of futures for a full 90 days, starting with 1400U. During this period, the only word to describe it is——twists and turns.

When my five times of capital were reduced to only 200U, my mentality was at its worst. But it was also in these five times that two of them doubled, and the other three achieved over 50% profit. Now, in the fifth round, I am approaching the boundary of doubling again. Along this journey, I have experienced arrogance from consecutive wins, panic from continuous drawdowns, and a gambler's mentality of risking everything. To be honest, I have managed to hold on until now, and luck has played a significant role.

My leverage strategy has always remained the same——when trading mainstream coins like BTC and ETH, I set a fixed opening position of 14,000U, which is 10 times leverage on the principal. Regardless of whether the current account is profitable or losing, I never break this number. For smaller coins and exotic tokens, I relax the range to 1,000, 3,000, or 5,000.

Honestly, most people in the market follow this approach. Make a profit and want to expand, lose and rush to cut losses, ultimately either blowing up due to bad luck or losing everything in one shot. I am actually very clear in my mind that spot trading strategies—buying in panic and selling in greed—are the most friendly to ordinary people. But my capital limit prevents me from doing that. So I can only continue on the futures path, seeing whether it will lead me to success or failure.