Bitget Talks to Trader H: Lose the Money You're Supposed to Lose, Then Stay at the Table

In the world of trading, speed is often seen as an advantage. But how do you evaluate a seasoned trader — by how many entry opportunities he can capture, or by whether he knows when to exit?

Today, we invited a Bitget VIP user — Trader H. He focuses on US equities and futures trading, and has also experienced a liquidation due to high leverage. Now, he has broken trading down into a clear set of rules: how to enter, how to build a position, and how to exit in time when the judgment is wrong.

For H, the core of trading is not only about riding the big waves of the market, but also about having the ability to stand on the next wave after the tide recedes.

High Frequency Is Not Just About Speed: You Have to Be Present to Have a Chance

H's life revolves around trading.

He is currently a full-time trader, mainly trading US equities and futures. He watches the market from daytime into late night, with the hours around the US market open through the early morning being the most intense. He defines himself as a high-frequency trader, but emphasizes that high frequency is not about trading frequently for its own sake — it is because there is so much news flow that if you are not watching in time, opportunities can quickly disappear.

For him, trading first and foremost means being present.

This pace is not easy, but for him, it is the cost that must be paid to capture short-term opportunities. Earnings releases, major news, after-hours moves — these windows are often very short. Low-frequency traders may miss market moves because they cannot react quickly enough, while high frequency allows him to make rapid judgments when opportunities appear.

But high frequency does not mean randomness. On the contrary, H has very specific requirements for trading.

No Preference Between Long and Short, but Discipline Has a Preference

In terms of strategy, H focuses primarily on technical analysis. Naked K-lines and technical indicators are at the core of his judgment, and experience also matters. He relies less on news or KOL recommendations, and prefers to trust the signals that price itself provides.

In terms of trading instruments, he covers all categories. Recently, he has been paying more attention to sectors such as semiconductors, believing that these sectors are related to AI-driven market moves. However, he does not limit himself to any single direction.

H has no obvious preference for going long or short. In his view, the two are essentially the same — both are judgments based on technical patterns, and there is no directional bias. What truly matters is not whether you go long or short, but whether you follow discipline.

This neutral attitude comes from a profound lesson.

A Liquidation: The Turning Point of a Trading Career

In H's trading career, there is a turning point he cannot avoid.

During an extreme market move last year, he experienced a liquidation due to excessive leverage.

He recalls that he used to use leverage as high as 15x. After the liquidation, he proactively kept leverage strictly within 8x to cope with the extreme volatility risk brought by black swan events. But more important than "reducing leverage" is the change in his understanding of risk control.

H repeatedly mentions one phrase:

"Lose the money you should lose."

This sounds somewhat counterintuitive. Traders usually chase profits, but H believes that what truly matters is admitting mistakes, accepting losses, and forcing a close through stop-loss points, resolutely eliminating the behavior of "holding through losses." He sees this as the key to building a trading system out of losses.

For him, risk control is not about making trading conservative — it is about enabling himself to stay in the market, to stay at the table.

Slow Is Fast: The "Sense of Boundaries" in Trading

In terms of position management, H adopts a method of "building positions slowly and closing them slowly," avoiding one-time heavy positions. He sets multiple stop-loss and take-profit points, rather than betting all his hopes on a single judgment.

As an intraday trader, he usually does not hold overnight positions. If he does hold overnight, he will directly close the position to avoid the uncertainty risk after hours. This approach may seem conservative, but for him, it is a necessary action to control risk.

These rules do not sound complicated, but behind them is a sense of boundaries formed after the liquidation.

He also offers this sense of boundaries as advice to beginners: strictly control leverage, avoid repeating the mistakes that lead to liquidation, and mandatorily set stop-loss and take-profit points.

"Be responsible for every trade you make," he says.

Beneath High Frequency: Execution and Costs

When talking about his experience using the platform, H's feedback is fair and balanced.

He gives credit to Bitget's interface and user experience, believing the overall design is smooth. But as a high-frequency trader, he cares more about what happens at the moment of placing an order: whether the order book can absorb it, whether fills can be clean, whether the instrument he wants to trade is available, and whether costs get amplified as trading frequency increases.

During the interview, H also mentioned several specific expectations: continuous optimization of order book depth for certain stock contracts, and faster listing of US equity contracts. He also mentioned that high-frequency traders pay more attention to fee costs, and hopes VIP users can have more friendly rates or more exclusive campaigns.

For high-frequency traders, 1 bp is not an abstract number. The higher the trading frequency, the more obvious the accumulation of fees, and the fee rate directly becomes part of the strategy cost. Currently, Bitget VIP offers up to 67% fee discounts at equivalent trading volume tiers, and is continuously iterating around this logic.

Redefining "Winning"

After going through that liquidation, H's understanding of "winning" has changed.

From pursuing profits, to protecting capital, to sustainably staying in the market — this is the evolution of H's wealth philosophy as presented in the interview. Trading, for him, still means seeking opportunities, but now he cares more about whether he can control himself and control risk.

"Lose the money you should lose."

For a full-time trader, perhaps true professionalism is knowing when to exit when the judgment is wrong, and still being at the table when the next opportunity appears.

This article is based on an interview with Trader H. The views expressed are solely those of the interviewee and do not constitute any investment advice. Futures trading carries extremely high risk and may result in the total loss of your principal. Please make decisions carefully based on your own risk tolerance.