That 8,000U tuition fee bought me three ironclad trading rules that can save your life.

To be honest, the first time I tried leveraged contracts, I had no idea what it meant to have respect for the market. I opened a 100x long position on ETH, feeling like I was chosen by fate—until the liquidation alert popped up, and I finally realized the market never plays by your rules.

That night, I sat in front of my computer in a daze for a long time. It wasn’t about the money—I suddenly understood something: money made by luck will inevitably be lost by skill.

The turning point came during that SOL run. I started to obsess over the BOLL channel: I’d wait during the squeeze phase, then act the moment it broke out with volume, building positions in batches at the lower band, and setting my stop loss at the previous low. I stuck to this for three weeks and turned 4,000U into 120,000.

There’s no secret, just three hard rules:

Lose no more than 2% per trade, no exceptions;
Only take two trades a day—any more is just gambling;
Once unrealized profit hits 50%, move your stop to break even, never get greedy.

A lot of people think this is too rigid. But it’s exactly this kind of “inflexibility” that made me say goodbye to liquidation for good.

I’ve seen too many people chase pumps and dump on drops, their emotions swinging even harder than the market, unable to stand firm at the slightest breeze—eventually becoming fuel for the market.

If you’re still getting tossed around by your emotions, panicking on pumps and even more on dumps, getting messier with every trade—remember: if you want to make money, first learn not to get liquidated. The only people who survive and profit in this market are always those who learn to control risk first.