A phone call at 2 a.m. was filled with despair: "How did my account suddenly disappear? I only used 10x leverage." Opening the trading record, I saw that the entire principal of 9500U was put in—full position, 10x leverage, with no stop-loss set. This isn't a leverage problem; it's directly throwing money into the fire.

Many traders have a misconception: they think full position is the most resilient way to trade. In reality, it's the exact opposite—using full position incorrectly is the fastest way to get wiped out.

**The truth about liquidation is simple: it's not leverage that harms you, it's having too large a position.**

Let's do the math. Suppose the principal is 1000U, with two ways to open a position:

Method 1: 900U at 10x leverage. A 5% adverse move in the market will wipe out the account.
Method 2: 100U at 10x leverage. It takes a 50% adverse move to trigger liquidation.

Same 10x leverage, but the results are worlds apart. The real danger is never the multiple itself; it's the madness of risking your life with each trade.

The reason I can hold my position for half a year without liquidation is because I follow three ironclad rules:

**First, never risk more than 20% of total funds on a single position.** Even if one trade loses completely, it won't damage the overall capital.

**Second, limit maximum loss per trade to within 3% of total funds.** Stop-loss must be set at the time of opening the position; don’t wait until the market moves against you and panic.

**Third, do not trade during volatile sideways markets, avoid adding to profits impulsively, and keep emotions out of decision-making.** This is the hardest but most crucial rule.

The true meaning of full position isn't to go all-in for a comeback, but to preserve your life—allowing you to withstand market fluctuations. It’s a risk buffer, not a button for overnight riches.

Try small positions, strictly enforce stop-losses, and adhere to trading discipline—that’s the way to survive long in the crypto world. Not all leverage is usable; it depends on how you use it. Controlling your position size is the real skill.