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In the derivatives market, making money is fierce, and losing money is even more brutal. I was able to turn 3,000U into 280,000U with a group of people, not relying on luck, but on five strict rules.
Honestly, trading contracts is like a double-edged sword. 100x leverage can make you rich overnight, but it can also wipe out your account instantly. My approach is indeed aggressive—dividing 300U into 10 parts, risking only 30U each time. If you pick the right direction, a single point move can double your money; if you pick the wrong one, that amount is gone instantly. It sounds risky, but as long as you stick to the rules tightly, you can survive steadily in this market.
**Rule 1: Cut losses immediately, no rebound fantasies**
A few years ago, I lost two positions because of overconfidence—thinking the market would rebound. But guess what? The market doesn’t play that game. The logic now is simple: when reaching the stop-loss point, get out. Accept the loss and leave, rather than stubbornly holding on. The market will never pity those with a gambler’s mentality.
**Rule 2: Close after five consecutive losses**
Continuing to fight in chaotic markets is just giving away money. I set a circuit breaker for myself: if I lose five trades in a row, I immediately shut down the trading app—don’t look at anything, wait until the next day. Interestingly, the market seems to have a magic: after a night’s rest, the logic often becomes clearer.
**Rule 3: Withdraw once you reach 3000U**
The numbers in your account are just paper wealth, which can evaporate at any moment. I set a strict rule: whenever the account grows to 3000U, at least take out half. Real money is what’s in your wallet. Virtual numbers, no matter how big, are just illusions.
**Rule 4: Focus on trends, avoid choppy markets**
In a clear uptrend or downtrend, 100x leverage is like a rocket booster; but in sideways or choppy markets, it becomes a meat grinder. If I don’t see the right direction, I stay out of the market—prefer to be idle than gamble. Wait for a clear trend, then strike decisively. Opportunities like this are rare, but each one is worth it because you have confidence in your move.
**Rule 5: Limit risk to no more than 10% of principal per trade**
To make money, you first need to survive. I only risk 30U each time. This position may seem small, but the advantage is that I can afford to lose it. With a lighter position, I stay calm, operate rationally, and avoid emotional trading.
The derivatives market is like this: methodology matters, but mindset is even more important. These five ironclad rules aren’t magical; they’re just discipline. Stick to them, and time will give you the answer.