A few days ago, a buddy of mine came to me complaining that he jumped into the futures market with 1000U, and less than half a day later, his account was down to just over 200U. He was in a Full Position, going All in with 50x leverage, and if the direction was slightly off, he got liquidated. At 2 AM, he sent me a message: "Bro, is there any hope for me?"

To be honest, for beginners playing with contracts, the first lesson is not how to make a lot of money, but how to survive.

Let's talk about how to use this 1000U. Don't throw it all in at once—divide it into 10 parts. Each time, just take 100U and a 20x leverage is enough. What about the remaining 900U? Put it in the investment account to earn interest. Currently, conservative products can yield around 3.2% annually. Although it's not much, it can be a lifesaver in critical moments.

My buddy is just too anxious, going all in with 1000U, and got liquidated as soon as the market fluctuated a bit in the opposite direction. This is something to remember: if you lose 100U, don't rush to make up for it.

A veteran player I met last year insisted on adding more funds after losing 100U for the first time. As a result, he lost his entire half-year salary in just one week. What’s the correct approach? Stop, take a day or two to calm down, and review the trading records thoroughly—did I misjudge the direction, or was my stop-loss not set correctly?

Think it through before taking action. At this point, continue to break down the remaining 900U, taking it slowly in portions of 90U. Once you earn 200U, withdraw 100U, secure your profits, and keep your mindset steady.

Trading contracts is never about luck; it's about position control. Don't listen to those brainwashing words of "get rich overnight with high leverage"; even with 10x leverage, if the direction is wrong, you will still get liquidated. Full Position operation? That's just giving money to the market. You may guess right eight times out of ten, but as long as you get liquidated once with a heavy position, all previous profits will go to zero.

There are several red lines that must be adhered to: be cautious if you lose 2%, for example, if you have a position of 100U and lose 2U, you should consider reducing your position; if you lose 6%, you must liquidate your position, don't think about holding on for a recovery. Don't chase after rising prices or panic sell; if you rush in when prices go up, there’s a 90% chance you’ll get stuck at the peak. When increasing your position, either do it together when opening the position or wait until the pullback stabilizes before taking action.

Profit exceeds 200%? Even more need to stay steady. Set a take profit with a 30% pullback for half of the position, and set a breakeven price for the other half, firmly locking in the profits.

Give beginners a practical plan: start with 30-50U, 20x leverage is just right; set the stop loss at 20-30 dollars, if triggered, just run, don't hesitate; for take profit, watch for profit pullbacks, if the earned money decreases by 30%, then take action. Deposit 500-1000U each time is enough, don't throw in tens of thousands of U at once, beginners are here to practice, not to gamble their life savings.

The last point - if you're in a bad mood and have consecutive losing trades, just stop, and shut down during a counter-trend market. Trading contracts is a marathon; beginners need to learn to walk before thinking about running, so that money can be gradually earned back.