I've been in the circle for nearly ten years, and the first half was really tough. Back then, I was obsessed with contract trading, and liquidation happened as frequently as drinking water—funds would arrive only to be slapped in the face by the market. After a wave of行情, my account was wiped clean. I really thought that was the cruelty of the market at the time, but I later realized that the real culprits were myself: greed, impatience, always thinking about turning things around in one shot.

Although I wouldn't call myself a master now, at least I haven't been wiped out by a single行情 in these years. Those lessons were paid for with real money, and while it might sound uncomfortable, they truly saved my wallet.

**Don't think about turning things around when you're trapped**

The most terrifying thing isn't the paper loss itself, but the illusion of "one more wave and I'll be free." Once you fall into this mindset, adding positions becomes an instinct. The problem is, adding without a plan isn't controlling costs; it's betting more money on an uncertain rebound. People trying to turn things around with this move usually end up losing even more.

**Quiet行情 is often the most dangerous**

Long-term sideways movement, especially after a big rally, isn't a good sign; it’s more like brewing a major event. At such times, people are most likely to let their guard down, their hands start itching, and when they act, they get trapped. Remember: the more lively it is, the more you should consider exiting; the quieter it is, the more you need to be patient.

**Full position traps you**

It looks aggressive and promises big gains, but in reality, it cuts off your retreat. The market never plays by your script. One misjudgment, with no buffer space, can lead to immediate exit. Leaving some room is for living longer.

**The last one is mindset**

The real killer in this market is never poor technical skills but emotional out of control. Don’t get cocky when you profit, and don’t panic when you lose. Whether you can survive long-term depends on this ability. What we’re talking about isn’t some profound knowledge, but a vital survival skill. If you don’t expect to get rich overnight and just want to move forward steadily, maybe we’re walking the same path.