After playing with contracts for so long, why do I keep losing more and more? That's a good question. Honestly, traders with smaller capital are indeed more prone to falling into a loss cycle.

Many people start with this mindset — having over a million in funds but only risking 100,000 on contracts. It seems cautious, but actually it's a trap. Because once that 100,000 starts making profits, the mindset changes. Leverage gets higher and higher, and the proportion of contracts in the overall asset allocation also increases. And then? Control is completely lost, and a single limit-down can send the account back to square one.

Compare that to how larger-cap players operate. They don't pursue extreme operations; instead, they focus more on judging the trend over longer cycles. The farther their vision extends, the higher their win rate naturally becomes. This isn't luck, but an advantage in the time dimension — with a long enough cycle, the market's cyclical dividends can be fully realized.

Look at some brothers in the market who have capital of 200,000 or 300,000 and still complain that it's not enough. Don't just look at the big players; the real gap between you isn't the starting point, but who has the patience to go through enough long cycles. Those stories of overnight riches are mostly built on experiencing countless bull and bear cycles to reach today.

The most important thing is mindset. Treat yourself as an ordinary investor, accept mediocrity, and don't constantly fantasize about legendary reversals. When the bull market comes, follow the trend to trade; during losing cycles, wait patiently. The pits you've stepped into now, others have already been through long ago. Relying solely on one person to blindly fight alone is too exhausting — it's better to follow the market's main direction. The direction is clear, it just depends on whether you can keep up with the rhythm.