That late night, the red numbers flickering on the screen were as sharp and glaring as knives.

I stared at the $PIPPIN position page—half my holdings, just gone. Fifteen minutes ago, I was still fantasizing about doubling my money, and now all that's left is a cold number in my account—4000U.

What does 100x leverage mean? If the market moves just 0.5%, your principal is wiped out. At the time, I was holding 8000U, thinking I had read the market right. But the market didn’t give any warning—one slight shake, and I became cannon fodder.

That day, my heartbeat was racing, like it was about to burst out of my chest. My mind was buzzing and went completely blank. Later I realized, liquidation is never an accident—it’s the “welcome gift” the market prepares for every beginner.

Since then, I’ve learned to be afraid.

No more fantasizing about getting rich overnight. No more letting adrenaline press the order button for me. As I slowly explored, I discovered that contracts are essentially a game of probability and discipline—not a gambling table.

I’ve seen too many people make a little money and think they’re geniuses, only to be schooled by the market every other day. I’ve also seen people lose so much they can’t sleep, staring at the charts at 4 a.m., eventually consumed by their own emotions—losing even their principal.

The ones who actually survive all have something in common—they know how to wait.

Seventy percent of the time, they sit out and observe. Thirty percent of the time, they go in heavy and take clean profits from a single move. Last year, I caught that $SOL rally using the BOLL channel. Others stared at candlesticks guessing up or down; I watched the rhythm: a tightening channel means accumulation, an opening and surge means opportunity. I built my position in batches at the lower band, set my stop loss at the previous low, and in three weeks, made thirtyfold returns.

It wasn’t a godly prediction—it was discipline.

Now, I have three rules etched in my mind:
• No single loss exceeds 2%
• No more than two trades per day
• Once floating profit hits 50%, immediately move stop loss to break-even

Sounds rigid? But it’s exactly this “rigidity” that’s allowed me to survive until today.

The market is never short of brave people; it’s short on survivors. Whether it’s $BOB or $ZEC, coins change, but the rules do not.

If you’re still trading on emotion, still being led by the market, stop for a second. If you want to double your money, you have to learn not to get liquidated first. The abyss is right at your feet—make sure every step you take is solid.