#比特币与黄金战争 Many people have dreamed of getting rich overnight through contracts, only to end up with a margin call. I’ve grown my initial capital from a few thousand yuan to a larger scale not because I’m lucky, but because I adhere to a trading discipline of "survive first, then attack."

Contracts themselves are not inherently sinful. If you know how to use them, they become your tool for making money; if not, they turn into monsters that devour your account. My early trading approach was actually not aggressive—diversifying small funds, entering with light positions, and using moderate leverage. It sounds conservative, but executing it requires much more mental strength than being aggressive.

When the direction is correct, leverage amplifies gains; when wrong, admit loss immediately. The only fundamental rule is: strict adherence to the rules, with no room for compromise.

**Rule 1: Exit if the direction is wrong.** Once the stop-loss signal is triggered, close the position immediately. Many people like to wait for a rebound, thinking short-term corrections are opportunities. But reality shows that waiting often only delays the inevitable margin call. Recognizing losses promptly is always more controllable than being forcibly liquidated. Keep a strong mindset; don’t be soft-handed.

**Rule 2: Stop after consecutive mistakes.** When the market is unclear, it’s the biggest test of patience. The more frequently you trade at this time, the faster your losses accumulate. If you keep falling into traps on multiple trades, it’s better to step back. Give the market time to reset its direction, and give yourself time to calm down. Sometimes, doing nothing is the best move.

**Rule 3: Lock in floating profits.** Numbers on the account can be deceptive. Seeing the screen numbers grow makes you feel like you’ve already made money. But floating profits are not real cash. After reaching a certain goal, be sure to withdraw a portion of the profits. Keeping the remaining positions under control reduces the risk of losing everything and eases psychological pressure.

**Rule 4: Only trade trending markets.** This is crucial. In a trend, leverage acts as a multiplier, greatly enhancing your judgment. But in sideways or choppy markets, leverage only accelerates your losses. Being caught in a range repeatedly not only prevents profits but also continuously eats into your principal. When there’s no clear trend, I prefer to wait. Patience and opportunity cost are not worth risking in uncertain markets.

**Rule 5: Control your position size.** Only risk a small part of your capital on each trade. Being able to withstand losses keeps your mindset stable. Once your mental state collapses, your execution will distort—hesitating to cut losses when needed, or being timid to add when appropriate. Proper position control ensures that even if you’re wrong, you won’t suffer serious damage.

Some see contracts as a shortcut to turn things around. But they are more like a “filter mechanism.” Those who don’t follow discipline will be eliminated over time; those who survive long-term rely solely on strict execution and calm judgment.

Don’t wait until the market clears out your positions to reflect on what you did wrong. Set your rules before trading, stick to your bottom line tightly, and only then can you go further and survive longer in this market.