How many people rush into the contract market with passion, shouting "a hundredfold overnight" as their dream, only to have their accounts wiped out within half a year. When asked what happened, they often say it was "bad luck," "being trapped," or "unlucky"—but these are all illusions. The real reason is actually very simple: they never truly understood the survival rules of this game.

I've been in the contract trading circle for six years, climbing back from the brink of liquidation, and gradually seeing clearly why there's such a big gap between market makers and retail traders. Many traders don't understand what order flow and funding rates are telling them; they only focus on naked K-line charts, and as a result, get led into traps by institutional "market manipulation." The movements of smart money are the real signals, not your feeling that "this level should bounce."

Risk control is easy to talk about but hard to do. Holding on for just one more second could be fatal, but many people just can't control their leverage, increasing their positions each time, and in the end, only themselves suffer losses. Opening positions at the edge of liquidation zones and key game points? That's just giving away money. Without a "signal" from an opposing order book to take the other side, 99% of the time it's a trap.

Don't be enslaved by the idea of "taking a gamble"; going all-in equals heading straight for losses. Those "teachers" shouting signals? Survivor bias kills people, don't be superstitious. First, judge the overall trend as bullish or bearish, then choose your trading pairs. Following the trend, even pigs can fly; going against the trend, even veterans will stumble. If you're a follower of breakouts, don't constantly buy the dip or sell the top—thinking "it's fallen so much, it must rebound" is mostly fantasy.

There's also a detail many overlook: after consecutive take profits or stop losses, disconnect from the internet and rest for half an hour. When your mindset is unbalanced, how badly can your trading efficiency deteriorate? Data shows that loss efficiency can soar by 300%. And the last point, which is the most important: always leave yourself with capital to turn things around; only by staying alive can you have a chance to make a comeback.