Is the contract a wealth grinder or a place for cultivation?

I once went from 2000U to zero within a day. At that time, I was full of the idea that "rate cuts are good for a surge," but the market before the FOMC meeting tore me apart—learning a lesson with real money: don't bet your life on news, first learn to respect volatility.

Later, I realized that contracts are actually a battleground for cognitive biases. I've seen too many people go all-in at the mention of "rate cut expectations," with a 5000U principal being wiped out in a single day; I've also seen those who stubbornly hold onto their "faith," with an 8000U account shrinking to 1500U and still refusing to cut losses. The ones who truly survive are cold-blooded snipers—lurking 90% of the time, only pulling the trigger after confirming a liquidity turning point.

I used the "rate cut trading" logic to catch ETH's rebound. When the Fed hinted, I only dared to try a 300U position; before the move, I added 700U, and in just 12 days, I grew the account from 1500U to 8500U—all through discipline.

Now I stick to these three iron rules:

- Never lose more than 1% of the total position on a single trade (at most 50U if you have 5000U);
- Only operate once before and after major events, no chasing highs or holding on stubbornly;
- When floating profits reach 20%, immediately set a protective stop to lock in gains.

Contracts are most dangerous and most tempting in the early bull market. They force you to think about macro factors and hone your risk control mindset. Don't be brainwashed by the argument that "this time is really different." To profit from the crypto rebound, you must first ensure you won't be kicked out by false breakouts. Only surviving hunters have the right to define this cycle.