#数字资产市场动态 A Guide for Contract Beginners to Avoid Pitfalls: My Real Trading Experience Sharing

Recently, I received many messages from friends who are just stepping into the contract market. They often start with just a few thousand yuan but don't know how to get started. Today, I want to share some of my experiences over the past few years, hoping to help you avoid some detours.

**How to Allocate Starting Capital**

Suppose you now have 1000U, do not invest it all at once. My suggestion is this—divide it into 10 parts, and only use 100U each time for trading. Why? Because the biggest mistake beginners make is losing control of their mindset. When leverage is set around 20x, your risk is already very high. Continuing to amplify it will only accelerate a margin call.

What about the remaining 900U? Keep it in a financial account to earn interest; this is your "lifesaver money." If you lose the first 100U? Accept it and stop. At this point, the most critical action is not to add more positions but to sit back and reflect. Rest for a day or two; whether you look at the market or not isn't that important. Bitcoin and other cryptocurrencies are always volatile, and opportunities come up every month. The real challenge is whether you have the capital to seize them.

**Key Adjustments for the Second Round**

Once your mindset is adjusted, continue. This time, split the remaining 900U into parts of 90U each. But be more cautious this round, aiming to recover the previous 100U loss. Suppose you actually earn 300U this round, and your account now has 100U left. The crucial step now is—withdraw all 200U of profit.

Why do this? Because it reduces your psychological burden. Seeing some profit remaining in your account makes your decisions more rational. But if you had invested all your money at once, a black swan event could wipe out everything in an instant.

**Position Management Is Life and Death**

I've seen too many people complain that even with 10x leverage, they still got liquidated. That’s because they don’t understand the true meaning of leverage. For major cryptocurrencies like Bitcoin, a 20% annual volatility is normal. If you always trade full size, with 10x leverage, a 10% drop means liquidation. No matter how high your win rate, it won't save you.

I've interacted with many traders, and those who are truly consistently profitable have about a 60% success rate. That’s already quite good. But the reason they survive long-term is because they know how to control their position sizes. Even with a 90% win rate, one mistake of going all-in can wipe out all previous gains. That one mistake can turn all your profits into nothing.

**The Core Logic Is These Points**

In short, the secret to making money with contracts is: small amounts, multiple attempts, learning from mistakes, and taking profits once a certain percentage is reached. Never believe you can always predict correctly. With so many market participants, no one can guarantee constant wins. Staying alive and earning steadily is much better than trying to get rich overnight.

Position management may sound simple, but it’s the hardest to do. But if you can truly implement this logic, you are already ahead of 90% of beginners.