A lot of people have fallen for a myth: as long as you get the contract direction right, money will just pour into your pocket.

Wake up.

So what if you get the direction right? If you’re meant to get liquidated, you’ll get liquidated; if you’re meant to lose, you’ll lose so much you start doubting your own intelligence.

When I first entered the space, I lost 800,000 in just half a year. The funniest part? I got the direction right on every single trade, but still lost on every single one.

Later, I laid all my settlement records out on the table and stared at them all night, and finally understood—

I didn’t lose to the market—I was skinned alive by layers and layers of traps.

**First Trap: Impulsiveness is the Devil**

If the market wobbled even a little, I’d think “Oh my god, it’s about to take off!” Then I’d rush in, add to my positions, and go all-in. The result? The big players would instantly reverse the market with a huge red candle, and—bam—my margin would evaporate.

It feels like you’ve just sat down on a roller coaster, your seatbelt isn’t even fastened, and the ride suddenly starts going backwards.

**Second Trap: Mechanical Stop Losses are Deadly**

3% stop loss, 5% stop loss—sounds professional, right? In the world of contracts, this is just “regularly handing money to the market makers.”

I got stopped out by fake breakouts three times, then watched helplessly as the price ran wildly in the direction I predicted. At that moment, staring at the candlestick chart, I really wanted to smash my keyboard.

**Third Trap: All-In with Heavy Leverage**

If you dare to go all-in on a contract, you’re already standing on the edge of a cliff. Even if you’re right about the direction, a few market shakes can turn your account into a “zero balance commemorative screenshot.”

The day I got liquidated, I stared at the warning on the screen, felt completely drained, and my hands were shaking so much I couldn’t even hold the mouse.

Later, I forced myself to learn a bloody lesson and set three iron rules for myself:

1. **Never go all-in**—always split your position into three parts
2. **Let stop losses follow volatility**—don’t let emotions make your decisions
3. **Stay on the sidelines if you don’t understand**—when you’re unsure, doing nothing is the best strategy

After a year of grinding it out, I went from a “liquidation regular” to someone who makes stable profits. My account has quietly tripled.

Remember this: In the crypto world, survival isn’t about seeing the market most accurately—it’s about not dying.

All the traps I’ve stepped on and all the games I’ve seen through are right here.

The road is paved. How you walk it is up to you.