Contracts are not designed for average players.

1. Proper risk management is essential. With 0-100x leverage, short-term liquidation is inevitable. The risk per trade should generally not exceed 2%-3%, with aggressive traders going up to 5%-8%. Exceeding 8%-10% can result in a drawdown of up to 70% during unfavorable periods, while the average person's breaking point is around 50%, so strict risk management must be enforced.

Many people like to use 5x or 10x leverage and operate on timeframes of 4h or longer, but stop-losses at these levels are usually 5%-15%, meaning the risk per trade is already at 25%-75%, which is essentially suicidal. To control risk while using high leverage, you must shorten your trading timeframe to the 1h, 15m, or 5m levels.

Fewer people can handle shorter timeframes. 1h-4h is the limit for most average players, while 5m-15m can only be managed by professionals. Most professionals can't even handle the 1m level.