#数字资产市场动态 Why do most people in the contract market always lose more than they gain?

Many traders will notice a strange phenomenon after trading for a while: setting stop losses often results in being precisely liquidated, while not setting stop losses leaves them stuck on the brink of liquidation, stubbornly fighting. No matter how they adjust, it seems as if they are "anchored" in place.

But this is not a matter of luck; fundamentally, it is a cognitive dilemma.

You think you're fighting against the market, but in reality, you're betting with a set of structurally unfavorable rules. Your position size, leverage multiple, liquidation price—these are all transparent data, with no privacy involved.

This leads to a deadly asymmetry: when you win, you scrape a few points of profit; when you lose, you wipe out everything in one go. Even earning profits ten or twenty times isn't enough to fill the hole caused by a single liquidation.

The root cause of most people's long-term losses is not that they can't read the trend, but that the risk-reward ratio structure has been wrong from the very beginning.

Your trading framework, risk allocation, and position management—any deviation from the actual laws of the derivatives market—destines you to keep hitting walls. Some traders spend a lot of time optimizing entry points, but it's all in vain because they haven't even figured out that their risk tolerance system itself has fundamental flaws.