$AIOT Newcomers to the contract market, the most terrifying thing is not how fierce the market is, but accidentally stepping on a landmine.

Recently, I've seen too many people get their accounts wiped out as soon as they enter the market, and the underlying cause is almost always the same deadly mistake—once you step on it, you can lose your principal in just a few seconds.

To avoid repeating the same mistakes, here are 5 landmines that beginners must avoid. Remember to bookmark this and steer clear of them.

First Landmine: Using Too Much Leverage

Some beginners start off thinking about doubling their investment, going all in with 50x or 100x leverage, and as a result, their accounts get wiped out with just a small market fluctuation.

Contract trading is not about guts but about rhythm and risk control.

3 to 5 times leverage gives you room for adjustments and can better withstand fluctuations, which is the foundation for stabilizing your funds.

Second Landmine: Not Setting Stop Losses, Holding Firm

"Just wait a bit, it will bounce back" or "I've already lost so much, I can't bear to cut it"—I've heard too many of these thoughts, and the outcomes are basically the same.

Always set a stop loss when opening a position; if you make a profit, push the stop loss. Remember: surviving is more important than making a big profit once.

Third Landmine: Going All In

When an opportunity arises, do you think about going all in?

This kind of operation is not trading; it's gambling with your life.

Remember this principle: Keep the risk of a single trade within 2% of your principal.

For example, if your principal is 10,000 USDT and you use 10x leverage, then the maximum risk of a single trade is 200 USDT.

This way, no matter how the market changes, you can withstand it.

Fourth Landmine: Emotional Trading

Chasing after rises, panicking after falls, and when FOMO (Fear of Missing Out) hits, liquidation is not far away.

Those who make big money are always those who have plans in advance and follow rules.

Spend less time staying up watching the market, eliminate emotions from your account, and you can truly stabilize your profits.

Fifth Landmine: Not Understanding the Pitfalls of Exchanges

Many people only understand the deadly injuries of slippage, price spikes, and extreme market conditions after being "educated".

Choose mainstream platforms and avoid acting recklessly before major news and extreme market conditions to avoid being "trapped".

The contract market is harsh, but opportunities are always reserved for those who understand the rules.

It's better to enjoy together than alone; if you reach out, we will have stories, and I can help you get on shore! #美SEC推动加密创新监管 #BinanceABCs