I've seen all the craziness in the crypto world.

Turning 5000 bucks into millions, it has happened. Holders of tokens like $PROMPT, $BEAT, $FHE, sometimes make 500,000 yuan in a day, only to see it wiped out the next day. This is the true face of the futures market — not jokes, it happens every day.

What I want to talk about is not the stories of survivors, but the心得（experience） of rolling positions built with blood and sweat money.

**Why do nine out of ten people lose money on futures trading? The answer is very harsh.**

It's not a technical problem. The issue boils down to one word: wait.

Most people can't sit still. Before the market even picks up, they're eager to jump in. They go in without a plan, only to end up with one outcome — liquidation.

The secret to rolling positions is actually very simple: don't trade randomly, only enter when the market is most intense.

Two common mistakes beginners make: adding to a position after profits, and clearing out after a loss. The logic is completely backwards.

**The correct approach is:**

Step one, if your first trade makes money, immediately withdraw the principal. The mental pressure instantly disappears.

Step two, continue rolling the remaining profits. Without the pressure of the principal, your mindset is vastly different.

Step three, when earning 50%, move the stop-loss up to the breakeven point. Ensure you don’t waste your efforts.

Step four, if you double your position, at least lock in 30% profit as a buffer.

These are not tricks; they are lifesaving rules.

What truly destroys accounts isn’t the market itself. It’s one sentence: inability to hold onto your money.

Making money isn’t hard; what’s hard is that after earning, you don’t take profits or do risk control, and the market takes everything back in one go. No exceptions.

Opportunities don’t wait. If you can’t change the habit of frequent trading, when the time comes to be ruthless, you won’t be able to bite the bullet. When it’s time to close positions, you’re still fantasizing, and the only result is one.

Pay less attention to K-line fluctuations, and more to studying price nodes. Don’t be dragged by your emotions.

I’ve stepped into pits before; blood and tears have taught me these lessons. To avoid detours, polishing your cognition is the most crucial.