Even if you open a full position of 10 times leverage on spot trading, you still have a 10% operating space, but the maximum for contracts is 100 times, and a 5% position only requires a 20% fluctuation to be liquidated. In reality, many people use 10% or 20% of their positions to open 100 times contracts, and some even open 200 times contracts, leading to liquidation in just a few hours. This no longer involves technical analysis; it is purely gambling. The addictive contracts are those with small capital and one-way markets, where you start with half a position and go all in. If you can avoid opening contracts, then do so; if you can trade spot, then trade spot. Even if I slip by one point, I am willing because at least I hold spot assets and won't complain about excessive profits leading to automatic liquidation.