Event contracts have the following points:
First: Understand the trend and do not go against it. Once the direction you believe in does not align with your expectations, immediately stop and reassess whether your judgment has any errors.
Second: The most taboo market condition is the sideways market. Some may ask if a sideways market is easier to trade; it is not. Event contracts have time limits, and the opened positions are very likely to go sideways and then continue to oscillate.
Third: The amount of capital is not important; what is crucial is that going against human nature is the hardest part.
Fourth: Do not be greedy; making 50 USD in a day already surpasses 90% of wage earners.
That’s all the advice I have. Personally, I made a maximum of 1300 USD on March 13. Yesterday had a basically one-sided market, making it easier to trade. Today, the market on the 14th is very difficult, which is what I mean by a sideways market. I lost dozens of USD and won’t trade anymore.
