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Contract market daily liquidation news, why are there still so many people rushing forward? Ultimately, most traders simply do not understand the rules of this game.
They see platforms offering 5x, 10x leverage and believe it? Having only 10,000 USD in the account, the maximum loss they can bear is 500 USD, but they force open a position of 30,000 USD—thinking they are playing 5x, but actually playing a 60x deadly game. Slight market fluctuations can instantly wipe out the account.
Truly profitable traders have a completely different mindset. For them, contracts are not gambling but risk management tools. Every penny they profit essentially comes from others’ liquidations. Professional players spend 70% of their time waiting, entering precisely at the optimal moment, and harvesting in one swift move. In contrast, most people keep messing around in the market all day, eventually becoming pawns for the market makers.
If you want to make money in contracts, there are only two words: go against human nature. Stay calm when others panic, strictly control greed when others are greedy. Never lose more than 5% of your account on a loss, and when profitable, decisively take profits—consider closing only after doubling your investment.
Some say contracts are gambling? Wrong. Those getting liquidated are gambling; those making money are managing their books. Relying on gut feelings and going all-in is a suicidal move. This game only speaks with cold, hard numbers. If you can’t keep track of your accounts, then stop early—don’t let your dreams turn into debts.