Speak with real contract orders. Recently, each of these losing trades has taught me a painful lesson.

For token A, I went all-in with 3x leverage. When Bitcoin dropped 5%, it fell by 10%. Watching the loss exceed 300U, I lost my composure. The next day, it rebounded, reducing the loss to around 50U, but then it started to decline again. A terrifying feeling took over, and in panic, I cut my position, exiting with a loss of 160U. Ironically, after that, it never made a new low; it only slightly retraced before turning upward, attacking the daily chart repeatedly. By the time I got out, it had risen another 20%.

The situation with token B is even more desperate. Also using 3x leverage at full tilt, I set my stop-loss too greedily, not far from the entry price. As soon as I entered, it was quickly stopped out, losing 150U. But that moment became a turning point—subsequently, it surged for several days, with gains over 20%.

Token C started well. After entering with 3x leverage, I immediately made a profit. But looking at the 15-minute chart, when Bitcoin rose 1%, it started to correct. I couldn’t resist and closed with a 90U profit. Turns out, it was just a normal pullback, and it never touched my stop-loss line. Afterwards, it surged continuously, and after I exited, it gained another 50%.

And then there’s token D, which hurts the most. With nearly 10,000U in 3x leverage positions, a mere 5% adverse move triggered my stop-loss, resulting in a loss of 430U. Later, I realized that if I had used only 1x leverage, with a stop-loss relaxed to 3%, I could have turned the loss into a profit.

There are many similar stories. High leverage is like a double-edged sword—any unfavorable fluctuation forces you to make a decision. Cutting losses becomes a natural response, and you never get to see the moment when you turn losses into gains. Even if you eventually choose the right direction, a slight retracement can cause you to exit early, watching the market continue upward while you are already on the sidelines.