#BinanceABCs $AIOT What are newcomers most afraid of when entering the contract market? It's not the turbulent market conditions, but their own small operational mistakes.

Recently, I've seen too many beginners get their accounts wiped out immediately after entering, only to realize in hindsight that they stepped into well-known traps—those deadly errors that can wipe out the principal in just a few seconds.

Instead of letting you regret later, it's better to review these 5 common pitfalls now. Remembering them can save you a lot of your principal.

**First Pitfall: Being Too Greedy with Leverage**

Beginners all want to double their money quickly. Jumping into 50x or 100x leverage, just a slight market shake can lead to liquidation. In contracts, victory is never about having more courage, but about controlling rhythm and risk. Using 3 to 5x leverage provides room for adjustment and better handles volatility. That’s the fundamental way to protect your funds.

**Second Pitfall: No Stop-Loss, Hard Holding**

"Wait a bit longer, it should rebound" or "I can't bear to stop-loss after losing so much"—these self-soothing thoughts are heard too often, but the results are similar. Set your stop-loss when opening a position, and gradually raise the stop-loss level as you profit. Always remember: staying alive is more valuable than making a big profit in one shot.

**Third Pitfall: Going All-In with a Single Bet**

Seeing an opportunity and going all-in in one shot? That’s not trading; that’s gambling with your life. Follow this rule: no single trade should lose more than 2% of your principal. For example, with a $10,000 capital and 10x leverage, the maximum risk per trade is $200. With this approach, no matter how you tinker, your account can withstand the losses.

**Fourth Pitfall: Emotional Trading**

Chasing the trend when prices rise, panicking and exiting when they fall—FOMO can lead to liquidation before you know it. Those who truly make money plan ahead and execute mechanically according to established rules. Stop staying up late watching candlesticks, detach your emotions from trading, and profits will come naturally.

**Fifth Pitfall: Not Understanding the Tricks of the Exchange**

Many people only realize after being "hit" by phenomena like slippage, spread, or extreme market conditions how damaging they can be. Choose mainstream platforms, stay cautious during major news and extreme market movements, and avoid falling into these traps easily.

The contract market is indeed brutal, but opportunities always belong to those who understand the rules.