Why do beginners in the contract market always lose? It may seem like the market is fierce, but most of the time they are just stepping into the same traps. Recently, I’ve seen too many people get wiped out as soon as they enter, with the underlying logic being quite similar. Instead of complaining about the market, it’s better to understand these five rookie landmines in advance.

**The Temptation of Leverage Doubling**

Beginners start dreaming of quick doubling, going all-in with 50x or 100x leverage. What happens? Slight market fluctuations can instantly wipe out their accounts. This is the most common way to die. In fact, trading contracts is not about the size of leverage but about timing and risk control. Using 3x to 5x leverage is actually more stable, giving you room to adjust and withstand volatility.

**Stubbornly Holding During Declines**

"Just wait a little longer, it will rebound," or "I can't lose that much"—these mindsets have killed countless traders. You must set a stop-loss before opening a position; this is not optional. After making a profit, you should also tighten your stop-loss promptly. In the contract market, staying alive is much more important than making a big profit in one shot.

** Going All-In on a Single Position**

Thinking that an opportunity is too good to miss and going all-in with your entire capital? That’s not trading, that’s gambling with your life. The fundamental rule of risk management is to control risk on each trade within 2% of your capital. For example, with a capital of 10,000 USDT and 10x leverage, your single position should not exceed 200 USDT. This way, even if the market is fierce, you won’t blow up your account.

**Being Driven by Emotions**

Chasing up when prices rise and panicking when they fall, succumbing to FOMO—this can lead to liquidation quickly. Profitable traders plan ahead and operate strictly according to discipline. Reduce watching the market constantly; don’t let emotions dictate your account decisions.

**Ignoring Platform Pitfalls**

Slippage, extreme market conditions, and liquidity issues—many people only realize these after losing money. Choosing mainstream platforms is fundamental. Be especially cautious before major news releases and during extreme market conditions; don’t operate blindly. The contract market is brutal, but opportunities always belong to those who understand the rules and follow discipline.