To be honest, when I first entered the circle and saw Perptual Futures, I also thought this thing was a money-making machine.

Later I understood—rushing in, getting high on the thrill, betting everything, and in the end, only loneliness remains. Over the years, I've made repeated mistakes in the market and summarized four survival rules. They won't guarantee you overnight wealth, but at least they'll prevent you from becoming someone else's ATM.

**Article 1: Never shoot all your bullets at once**

Seeing the market start and wanting to go all in? Then you probably won't survive the first wave of a pullback. The essence of capital allocation is to leave yourself room for error. A single misjudgment is not a big deal; it's true loss when you face total defeat three times in a row. Position size is not a proof of courage, but a guarantee of how long you can stay in the market.

**Article 2: Don't go against the market**

People like to buy at the bottom, feeling too scared to chase at high positions. But the ones who truly profit are often those who follow the trend. In an upward trend, every pullback provides an opportunity; don't blindly guess the top until the trend is broken. The market has its own rhythm, and continuation happens much more frequently than reversal.

**Article 3: Learn to set red lines for yourself**

Making money is easy, but keeping it is the real skill. Without a stop-loss and take-profit mechanism, even the most accurate judgment is useless. My own iron rule is as follows: control single trade losses within 5% of total capital; aim for a minimum of 5% profit target per trade; maintain an overall win rate of over 50%. As long as these three indicators are upheld, the account equity will naturally rise.

**Article 4: Keep your hands to yourself, don't mess around**

The most common mistake beginners make is being too diligent. Opening five or six trades a day, executing hundreds of times in a month, in the end not only did they not make any profits but also their mental state broke down. Contract trading is not paid by the piece; it requires patience. I now make at most 2 to 3 trades a day, executing them with a plan. The market is open 24 hours, but that doesn't mean you have to monitor it for 24 hours.

In simple terms, there are four words: stability, smoothness, control, and waiting.

In the crypto world, being able to endure, not making impulsive moves, and preserving your capital is more reliable than chasing after any hundredfold coins.