Perpetual contracts—losing money is just tuition. I spent a year and over $10,000 to figure out the ins and outs.

It was especially tough at the beginning, losing over $4,000 in a single day. That’s when I truly understood what "painful losses" mean. Now I’ve stabilized, earning roughly $300 to $500 a day. It may not seem like much, but compared to the previous huge losses, it’s progress.

**The key insights I can share are these two points:**

**First, avoid the 14:00-15:00 time window.** This is the most active period for stop-loss triggers. Both longs and shorts are easily targeted, and experienced traders know why.

**Second, focus on BTC and stay away from ETH.** Many don’t believe this because they haven’t tested it thoroughly. ETH’s event contracts are very complex, and only those with their own reasons can understand how to play them well.

I’ve tried high leverage, had some glorious moments, but in the end, I still lost money. Contracts require skill and discipline; pure gamblers end up just giving away money. If you only know naked K-line trading, no matter who teaches you, it’s useless—because real experience is necessary.