#美国民主党BlueVault Why do you always get liquidated? Usually, it's that little bit of luck-driven psychology at play.

**The most common pitfalls of leverage**
100x leverage sounds intimidating, but opening a position with 10% of your capital? The actual leverage becomes 100 × 10% = 10x. Don’t be fooled by the numbers; real leverage is what determines how much fluctuation you can withstand. Think clearly about your operational space—don’t let leverage become an invisible noose.

**Stop-loss should be as frequent as eating**
Many people treat stop-loss as optional, but it’s actually a mandatory course. The rule is simple: single trade loss ≤ 2% of your capital. For example, with 50,000 yuan, the maximum loss per trade is 1,000 yuan. This isn’t a get-rich-quick secret, but it ensures you have enough ammunition for the next battle. Control the risk, and you can seize opportunities.

**The correct way to roll over positions**
Many misunderstand this. Rolling over isn’t about going all-in after a profit, but about steadily adding positions. With a 50,000 profit, you shouldn’t push all in at once. The correct approach is to add 10% when you gain 10%—that’s a snowball effect. If you add 100% after a 10% profit? That’s rolling off a cliff, and no one can save you when you fall.

**Take profit and stop-loss can be quantified**
Don’t treat these as mystical; it’s purely a math problem. Set logical rules: reduce 1/3 of your position when profit reaches 20%, another 1/3 at 50%, and close everything if the 5-day moving average breaks. Repeating these actions will become muscle memory. Eventually, your hands will react automatically, and emotions will naturally decrease.

**Three data points must be ingrained in your mind:**
Single loss ≤ 2%
Annual trades ≤ 20
Risk-reward ratio ≥ 3:1

Someone who works blindly won’t achieve much; it’s more reliable to follow experienced people. The direction is already set for you—whether you can keep up is the key.