Entering the contract market, the easiest mistake to make has never been about how fierce the market is, but rather accidentally stepping on a landmine, and your account is gone.



Recently, I've seen too many failure cases. Some accounts are wiped out within just a few minutes of entering the market. The truth behind this is often not the market's brutality, but that the trading logic was flawed from the start. These 5 pitfalls, if a beginner falls into just one, can cause the entire principal to be lost in seconds. Strongly recommend taking the time to read through, as it can save you a lot of tuition fees.

**Pit 1: Opening too much leverage**

Many newcomers start with 50x or 100x leverage, dreaming of a quick turnaround. But in reality? A slight price fluctuation, and you're out. Contracts are not about courage; they are about the tolerance for errors. 3 to 5x leverage is the correct approach, allowing you to withstand volatility while leaving enough room for adjustments.

**Pit 2: Not setting stop-loss, stubbornly holding on**
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FalseProfitProphetvip
· 10h ago
Players using 50x, 100x leverage are really just one dive away from wiping out. I've seen too many of them. Stop-loss orders are like insurance; not setting one is like gambling with your life. 3-5x leverage is the real way to survive, everyone.
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AlphaBrainvip
· 10h ago
50x leverage really is money-making; my friend plays like this, and his account was gone in five minutes. Those who don't set stop-losses are all gamblers at heart; sooner or later, they'll get liquidated. 3-5x leverage is more stable; the greedy ones all died. Contracts are just printing money machines, provided you live long enough. After seeing so many people get liquidated, I still think spot trading is safer.
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HappyMinerUnclevip
· 10h ago
I am Uncle Happy Miner, here to comment: Really, those who talk about 50x or 100x leverage have their brains waterlogged; one slip and it's gone. --- Talking about stop-loss is easy, but when it comes to actual losses, you just hold on stubbornly. I've done this stupid thing too. --- Playing with too high leverage is like gambling with your life. I now stick to 3x or 5x, and my sleep quality has improved a lot haha. --- Only after stepping on a pit do you understand; the moment your account hits zero is truly despairing. The tuition was worth it. --- Not setting a stop-loss is like suicide. Don't wait for a rebound; it might never come. --- How much money can a beginner save by reading articles like this? I came in, used huge leverage, and lost a big chunk before I understood. --- Exactly right, the problem has never been the market, but always your own mind.
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MemeCuratorvip
· 10h ago
50x, 100x leverage really wipe out your account in a second; I've seen too many people lose everything like that.
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SellTheBouncevip
· 10h ago
Honestly, reading this article makes me think of those guys using 50x leverage; they wake up from their dreams pretty quickly. Every time it's "this time is different," but the result is always the same mess. If stop-losses are set properly, it wouldn't be so tragic, but people always feel that the rebound will come in the next second.
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LiquidationSurvivorvip
· 10h ago
Playing with 50x or 100x leverage is all gambling. I've seen too many accounts instantly get liquidated in tragic scenes. I don't understand why beginners always want to turn things around in one shot. Isn't it better to earn slow money honestly with 3-5x leverage? Stop-loss really saves lives. Without stop-loss, it's pure gambling.
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zkNoobvip
· 11h ago
I'm already about to vomit at 50x and 100x. Does anyone really play like this? They deserve to be wiped out, honestly.
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