Summary of Contract Trading: Stability in contract trading is the key.

A situation where a single order earns hundreds of times can only occur in two cases: low leverage with a long-term perspective, believers; heavy investment with high leverage, a gambler's mentality. The former is acceptable, while the latter is highly discouraged; you might not see one out of a hundred.

Also, do not open orders frequently; the more orders you place, the more mistakes you make. Not to mention how high the transaction fees are, it's just giving commissions to others.

The following suggestions should be helpful for beginners:

1. Choose high-volatility assets:

Focus on mainstream coins (like BTC, SOL) or promising altcoins (especially new coins), as high volatility provides the possibility of high returns.

Pay attention to market trends (DeFi, AI, Layer 2, etc.), and choose coins that have recently been driven by themes.

2. Accurately grasp market trends

Technical analysis: Familiarize yourself with candlestick patterns (like double bottoms, breakout triangles), support/resistance levels, and use indicators like RSI, MACD to determine buy/sell points.

Fundamental analysis: Pay attention to macroeconomics (Federal Reserve interest rate hikes, cryptocurrency policies), project progress (like Ethereum upgrades), and on-chain data (transaction volume, holding changes).

Sentiment analysis: Observe market sentiment through platform X; FOMO (fear of missing out) or FUD (fear, uncertainty, and doubt) often signals entry/exit points.

3. Use leverage wisely

It is recommended for beginners to use 5-10 times leverage, avoiding ultra-high leverage above 20 times to prevent liquidation.

4. Strict risk management

Stop-loss and take-profit: Set stop-loss (-5% to -10%) and take-profit (20%-50%) rules to eliminate emotional trading.

Position management: Do not exceed 10%-20% of total funds for a single trade, diversify risk.

Dynamic adjustment: Adjust positions based on market volatility; reduce positions in a sideways market, increase in a trending market.

5. Capture extreme market conditions

Black swan events: Events like exchange hacks or sudden regulatory changes often lead to opportunities for sharp rises or falls.

Buy low and sell high: Accumulate positions at low levels during market panic (bloodbath) and close positions at high levels during greed (sharp rises).

6. Combine short-term and swing trading

Short-term: Use 4-hour or 1-hour candlesticks to capture intraday fluctuations, entering and exiting quickly, suitable for high-frequency traders.

Swing: Hold positions for several days to weeks based on weekly or daily charts, capturing trend movements.

High returns usually require precise swing operations + high leverage, such as heavily investing in potential coins at low levels in the early stages of a bull market.