At 3 a.m., my phone popped up a liquidation notification, but I didn't wake up.

It's not that I have a big heart; it's that a 98% loss seven years ago taught me a lesson:

Contract trading is not a casino; it's a precise harvesting machine.

When others are screaming, and you can calmly listen to BGM, then you've become a joke.

**First Trick: Watch the Cycle, Not Emotions**

Pull the K-line to a monthly level; consider going long only when the 30-day moving average is rising, and go short when it starts to turn down.

Other times? Turn off your phone. Don't be fooled by the 5-minute K-line; it's fooling itself too.

**Second Trick: Margin is Your Bulletproof Vest**

Keep enough margin so that even a 20% market dip can't pierce your liquidation price.

This is common sense and a lesson—exchanges love to poke holes, but they don't play fair. Your position is your bulletproof vest, not a bikini.

**Third Trick: Don't Bottom-Fish or Top-Try; Let the Market Speak**

If the price consolidates at a high level for more than two weeks, build a short position after a volume-driven breakdown of support.

If it consolidates at a low level for more than two weeks, build a long position after a volume-driven breakthrough of resistance.

Enter a day early, and you'll add another layer to the coffin.

**Fourth Trick: Write Black Swans into Your Schedule**

CPI data, non-farm employment, Federal Reserve meetings, geopolitical situations, key figures' movements...

Automatically reduce your position three days before these events. Don't bet on the data; if it wins, you're losing chips, not just money.

**Fifth Trick: Stop Loss Quickly and Decisively**

Set a psychological stop-loss at 5%. When it hits, cut it immediately—don't hesitate.

Holding a position is like giving money to big players. If you don't cut tonight, they'll cut you tomorrow morning.

**Sixth Trick: Only Trade BTC and ETH; Others Are Traps**

Mainstream coins are ATMs; small coins are gambling.

Want to get rich overnight? Just buy a lottery ticket—fees are even lower.

Contract trading isn't the devil; it's a mirror.

It reflects your greed, hatred, and obsession.

Copy these six tips into your notes and read them before opening a position next time. Really.