Why is contract trading so easy to lose money? To put it simply, the problem is that most people don't really understand what they're doing.

Look at those accounts on platforms marked with 5x, 10x leverage—many people initially have a psychological hint that—since leverage is limited, it shouldn't be a big problem. But what is the reality?

Here's a real example. Suppose you have 10,000 USDT in your account, and psychologically, you can accept a maximum loss of 500 USDT. This is your risk bottom line. However, you open a position worth 30,000 USDT, which on paper looks like 5x leverage, seemingly within a controllable range. But from an actual risk perspective, you're actually trading with nearly 60x risk.

Most people are completely unaware of this. They are still immersed in the illusion that "small positions should be stable."

People who truly understand contracts think very differently. They understand one thing: contract trading is not about betting on the direction, but about playing the game of risk calculation and capital allocation. Usually, those who get liquidated are because they bet too large on the wrong position.

This also explains why professional traders seem to always be "doing nothing." No opportunity, no trade; no advantage, no action. When they do act, their goal isn't to gamble for luck but to execute a trade with a clear win rate and a well-defined risk-reward ratio.

The hardest part of contract trading, ultimately, is human nature. When the market falls into panic, can you stay rational? When the market is wildly booming, can you suppress greed? This tests not only your technical skills but also your psychological resilience.