I've seen many people suffer losses on contracts, and there's a question I always want to ask everyone directly: why do some get liquidated every day, while others turn around and keep pushing?

Actually, the core issue isn't with the tools themselves, but that most people don't understand the rules before they start trading. When the platform shows 5x, 10x leverage, do you really think you're taking on 5 times the risk? That's naive.

Here's a very painful example: with only 10,000 US dollars in your account, a reasonable single-loss space might be just a few hundred dollars. But what happens? You open a position of 30,000 or 50,000—nominally 5x leverage, no problem. But the actual risk you're bearing has already skyrocketed to ten or twenty times that. From another perspective, this isn't trading—it's gambling. Whether you're trading ETH or other coins, this curse is unavoidable.

People who truly thrive in contracts never treat them as a printing machine. They are very clear in their minds: the essence of contracts is risk hedging and gaming tools, not places to act on impulse.

Look at how others play—70% of the time, they are just waiting. When the market isn't clear enough, they stay out and stay calm. Only when an opportunity arises do they act. Once they act, their logic is solid, and they choose their positions very carefully, with only one goal: precisely harvesting the market. Meanwhile, many others are restless, constantly tinkering, and end up losing most of their profits to fees.

To survive in contracts, the core is two words: anti-human nature.

Take POL's recent market as an example; this is especially evident. When others are cutting losses and smashing the market, don’t panic with them. When they FOMO and push higher, you should step on the brakes first. Be decisive with stop-losses—keep single-losses within 5% and never let them break through. Conversely, once the direction is confirmed, you must dare to pull profits, aiming for at least 2 to 3 times the space.

Don’t casually throw out "contracts are gambling." When you get liquidated, you are really gambling. Others make money by calculating risk, position size, and rhythm—these are two different things.

Markets change every day. Protect your principal and your original intention. When the next cycle comes, you'll be able to stand firm. The market logic is right there—once you understand the rules thoroughly, you can navigate both bull and bear markets.