In the world of contracts, there is a widely circulated "myth of safety"—the full position mode. Many people’s first move into the contract market is to unhesitatingly switch to the full margin mode. Their logic sounds airtight: "This way I can withstand volatility and reduce the risk of liquidation."

But do you really understand how the full position mode works?

The full position mode treats all available balance in your account as a large leverage pool, with the profits and losses of all positions combined. On the surface, this indeed seems to give you a bigger cushion—winning positions can cover the losses of losing positions. The problem is: most people holding this "lifebuoy" actually start to take reckless risks.

Have you seen it? A buddy with a $5,000 account, without hesitation, throws out $4,800 to gamble on a short-term trade. When the market slightly fluctuates, he has no time to react, and his entire account gets wiped out. This is not an isolated case—2024 contract liquidation data shows that over 82% of liquidations share a common problem: excessive concentration of positions.

**The true face of full position mode**

The most frightening aspect of full position mode isn’t the mode itself, but the psychological suggestion it brings. It creates an illusion: "I have more breathing room." This false sense of security directly triggers traders’ greed. You start using higher leverage, placing larger bets, thinking that the full position mode can support you.

But what happens when extreme market conditions hit? A huge loss on one position can instantly wipe out your entire account funds, with all positions forcibly liquidated collectively. Especially for small accounts—around $500—using full position mode is basically a death sentence. Even minor fluctuations can trigger forced liquidation. Some professional trading platforms even recommend small accounts use isolated margin mode to improve survival chances.

**Position management is the lifeline**

Full position mode does not mean going all-in. True experts who use full position mode set their own position limits. For example, no single position exceeds 15% of the account, and total leverage does not exceed 3x. These seemingly conservative rules strike a balance between high profits and avoiding liquidation.

Looking at those who get liquidated, they often share a common trait: opening positions without a plan. Pushing all chips in at once, betting on a market move. This is not trading; it’s gambling.

Markets like Solana are especially prone to black swan events during volatile periods, making cautious position management even more necessary. Don’t be fooled by the name "full position mode"—it’s just a tool, capable of saving or killing you. The key still lies in your own hands.