#数字资产市场动态 No stop-loss in contracts, your account will eventually be wiped out

If you've been in the crypto world long enough, you'll see through a harsh reality: many people lose money not because they can't read the market, but because they are too greedy and too soft-hearted.

In futures trading, not setting a stop-loss is like committing suicide. This is not scare tactics; it's a brutal truth.

You ask those who got liquidated how they lost? Most will blame the market, news, or black swans. But if you really review their trading records carefully, you'll find a common point—they all died because of "hard holding."

A friend of mine once looked like he was doing okay, but during a normal pullback, he didn't set a stop-loss and his account was wiped clean. Similar stories are countless in the circle. After hearing them many times, I understand one principle: protecting your money is much harder than making money.

**Common self-destructive behaviors**

It's not easy to reach a certain account size, but many people fall at the last trade. They keep trading, and their account grows nicely, then suddenly they see the wrong direction, thinking "wait a bit, it should rebound," but end up cutting their losses all the way down. Everyone has experienced this psychological trap.

The market doesn't care about your strategy. You can try many times, but it only takes one wrong move for the game to be over.

Where's the problem? It's not that the coins you choose are bad, nor is it bad luck, but that you have no bottom line. Without a "must exit" red line, it ultimately becomes "being forced out."

**Stop-loss is the real life-saving elixir**

After playing for so many years, I’ve realized one thing: win rate is not the most important; staying alive is.

Before each trade, I ask myself one question: what is the worst-case scenario? Is there a bottom line?

Setting a stop-loss is like installing a safety valve for yourself. When the time comes, no matter how unwilling, you must decisively exit. This is not admitting defeat; it's tactical retreat.

After making profits, I move my stop-loss along with the market. Locking in some floating gains is good enough; there's no need to give back every penny.

**A detail many people overlook—emotional stop-loss**

After losing several trades in a row, stop pressing the button and step away from the screen to calm down. After winning several trades, it's easy to get carried away. The best response at this point is not to add positions but to reduce or even withdraw funds altogether.

Trades made when you're emotional are usually wrong in hindsight.

**The market always offers opportunities; the key is to survive until the next one**

A truly skilled trader is not someone who never loses, but someone who knows how to lose less. When wrong, be wrong quickly and exit fast. Always keep some chips on the table.

The bottom line is the bottom line. Set your stop-loss, stick to your stop-loss, and the rest is a game of time. $BTC $ETH