Contracts, to put it simply, are things that can turn into a paradise or a hell in an instant.

I still remember the scene the first time I entered the market—holding 8000U, I was impulsive and wanted to make a big move, so I opened 100x leverage directly. As a result, the market gently shook, and within fifteen minutes, half of my position was gone. Sitting in front of the screen, my heartbeat was pounding like drums, my eyes fixed on the flashing red numbers, and my mind went completely blank.

It was at that moment I truly understood—liquidation is not an accident at all; it’s clearly the market’s "welcome gift" to newcomers.

After that, I started to respect the market. I stopped dreaming of overnight riches, and I no longer let emotions place orders for me. Gradually, I understood that contracts are not gambling; they are an art of risk management.

I’ve seen too many people: some get excited after making a little money and think they are chosen by the heavens, only to get liquidated every few days; others lose so much they can’t sleep, staring at the screen until 4 a.m., eventually consumed entirely by their emotions. They all fail to understand one principle—true contract traders spend most of their time waiting. Seventy percent of the time in flat positions observing, thirty percent finding the right rhythm to go all-in, and once they act, they cleanly harvest profits.

Last year, I caught the SOL trend using the Bollinger Bands indicator. While others blindly look at a bunch of K-lines and chase after news, I focused on one thing: rhythm. When the Bollinger Bands contract, it means the market is gathering strength; when it opens wide with volume, that’s the signal that opportunity has arrived. I entered in batches at the lower band, with stop-loss set directly at the previous low—no luck involved. In just three weeks, I multiplied my capital thirty times. It’s not that I can predict the market; it’s that strict discipline allowed me to withstand the volatility.

Now, I have three ironclad rules engraved in my mind:

First, a single loss never exceeds 2%; cut it at the right time without hesitation.

Second, make no more than two trades per day; more than that can mess up the rhythm.

Third, when floating profits reach 50%, withdraw the principal immediately to preserve capital; only then use the remaining profits to gamble.

These three rules may seem rigid, but it’s precisely this "rigidity" that has kept me alive and stable in the crypto world until now.