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Friends who are just entering the contract trading space, remember this!
Recently, many people have asked: I only have 1000U, how can I turn things around through contracts? I’ll be frank—if you think about going all-in in one shot, the result will be your account being wiped out, there’s no second possibility.
**The core idea is simple: survive first, then talk about making money.**
Divide 1000U into 10 parts, only risk 100U each time. Leverage should always be kept within 20x. The more beginners obsess over high leverage, the faster they lose money. Keep the remaining funds in a financial account to earn interest; no matter how tempting, don’t touch it.
Cut losses and stop trading after losing 100U in a single trade—never add to a losing position. Take time to review and understand why you lost, then pause for a day or two. Market conditions are always there, but your mindset and execution are the scarce resources.
In trading, the final battle isn’t about being right or wrong, but whether you can control your position size. This determines 99% of wins and losses.
After adjusting your mindset, continue to split your positions. Take profits of 300U and lock in some gains to "reduce pressure" on your account. When your mindset is stable, your operations won’t go off track.
Don’t believe in the myth that 10x leverage is safe—direction is wrong, and a 10% market fluctuation can wipe you out instantly. Bitcoin’s annual volatility of 20% is common; going all-in is like gambling with your life. Even top traders have a win rate of only 60%. The difference between people isn’t how skilled they are, but how well they manage risk.
Remember one thing: **Learn to not die first, then profits will naturally follow.**