A friend called in the middle of the night, saying he blew up his entire 10x leveraged position and lost 100,000. He had no stop-loss on his full position, and when the market pulled back, he was completely out.

During our chat, I finally understood his fatal mistake: trading with full position.

I've also fallen into this trap. When I first entered the market, I was thinking about doubling my money every day, going all-in, and when the market rose, I felt like a trading genius. But a single big bearish candle wiped out my account. That was when I truly realized that full position trading isn't about making quick profits; it's about digging your own grave.

Over the years, I've summarized my experience into three rules:

**Rule 1: Use only 7% of total funds for a single trade**

For example, with a $6,000 account, only use up to $420 per trade. Even if this trade hits the stop-loss, the loss is only $29.4, which has no devastating impact on the overall account. One failure won't destroy the account.

**Rule 2: Limit single-loss to within 1.1% of total funds**

Using $420 with 5x leverage, setting a 1% stop-loss results in an actual loss of about $8.4. Even if you lose 10 times in a row, the account won't collapse. This way, you can survive long enough.

**Rule 3: Stay out of uncertain markets**

Don't force trades when you don't understand the market. Wait until the daily chart breaks key levels, volume confirms, and the trend is clear before entering. Earning a little less in the short term is okay; the key is to stay alive.

Those who follow these three rules see steady account growth. I have a fan who used to blow up his account every month, but after adjusting his approach with these rules, he went from $3,200 to $55,000 in four months. He later told me that true full position isn't about risking everything, but about surviving longer.

In the end, it's all about one thing: survive, and you'll have the chance to make money.