The contract market always shows its sweet side first, then digs a pit. When beginners push open the door, they see only opportunities, but they don't realize how many steps are hidden beneath the threshold. One misstep, and the speed of falling is much faster than imagined.

You may have seen scenes where traders lose everything in just a few minutes. Account balances drop from five figures to three, sometimes even below three. It's not bad luck; it's a trap that every newcomer is prone to fall into.

**Leverage too high is like walking a tightrope on stilts**

Standing high indeed offers a broad view, but a gust of wind can blow you down. 50x, 100x leverage sounds exciting, but the contract market is not an amusement park. Pull the leverage back to 3-5x, stay grounded, and you'll see the road ahead clearly, rather than only staring into the abyss below.

**Not setting a stop-loss is like betting against the market**

When the trend reverses, you keep thinking, "I just don't believe it won't come back." But the market can't hear your complaints. Setting a stop-loss isn't admitting defeat; it's giving yourself a chance to re-enter. How to exit gracefully is more important than figuring out how to enter.

**Full position means putting all chips into a shaky basket**

When a good opportunity comes, you want to go all-in, to settle the game in one shot. But trading isn't a movie with a last-minute reversal script. Keep your single-loss per trade within 2% of your capital. Even if you lose ten times in a row, you’re still alive, and the chance to turn things around remains.

**Emotions are the most uncontrollable variable**

A little fluctuation in the candlestick chart makes your heartbeat race. Chasing gains and cutting losses become conditioned reflexes. In fact, a solid trading plan should be written before the market opens; the ups and downs are just different plot twists. Pay less attention to the charts, more to your plan, and your mindset will naturally stabilize.

**Don’t forget to choose the right platform**

Slippage and order execution issues are not myths—they are realities every trader faces. Choosing a platform is like choosing a ship; it must be sturdy enough. During volatile markets, never dance on the deck. Find a stable and reliable exchange to ensure a truly secure trading environment.

In short, contract trading is like a mirror. It reflects not just the market conditions, but also yourself. Fear, greed, luck... all reveal their true nature here. Avoiding these obvious pitfalls is not about getting rich quickly, but about—living long enough until the market finally lights the way for you.