The logic of rolling positions in contract trading: from pitfalls to profitability

You've heard all the crazy stories in the crypto world: turning 5,000 yuan into over a million in half a year, and witnessing accounts go from earning 500,000 yuan in one day to being wiped out the next. These are not legends; they really happen. But why are the outcomes so vastly different? The core difference lies in one word—patience.

Most people lose money in contracts not because they lack opportunities to make money, but because they simply don't know how to wait. They open positions frequently every day, get liquidated repeatedly, and hit stop-loss countless times, only to realize later that what they should have learned isn't how to trade, but how to exercise self-control. The strategy of rolling positions, in simple terms, is to wait for the craziest market conditions to come before making a big move.

The most common mistake beginners make is wanting to go all-in after making a little profit. A small correction can lead to liquidation, wiping out the account entirely. The correct approach is actually very simple: once your first trade is profitable, immediately withdraw the initial capital. The remaining profit is your trading capital. This way, the psychological pressure is reduced, and even if you lose everything, you won't lose your principal, keeping risk always manageable.

Over the years, I’ve discovered two ironclad rules: when profits reach 50%, move your stop-loss to the breakeven point—at this moment, you are already invincible; when your account doubles, lock in at least 30% profit as insurance. Even if you’re reluctant, don’t think about reinvesting all your gains. These seemingly small details in operation determine how long you can survive in the crypto world.

The harshest truth: in the crypto world, poor people aren’t unable to make money—they can’t hold onto it. After earning, they don’t know how to take profits, and sooner or later, all their gains are lost. Frequent trading, greedily adding positions, and being unwilling to exit—these three pitfalls have caused many to fall. Market opportunities are fleeting; if you hesitate when it’s time to be aggressive, you’ll only watch the chance to turn the tide slip through your fingers.