What are the secrets to trading short-term contracts well?
The secret to short-term contracts is speed, precision, and decisiveness.
Although it seems simple, it actually involves many factors.
First, technical analysis must be absolutely solid. Whether you use MACD, Bollinger Bands, or pure candlestick analysis, it should be based on objective analysis, not blind subjective guessing or wishful thinking.
Second, risk control! Position sizes must be managed well; with full positions, a maximum of 2x leverage is advisable. In the contract market, it's not about how much you make in one wave or how many waves you profit from; it's about who can survive the longest. Consistent, steady gains are the way to go.
Third, mindset issues! Many people open trades, and if they incur a loss or hit a stop loss, their mindset becomes chaotic. They constantly think about making a big bet to recover losses, hoping for a stroke of luck! When you have this kind of thought, you are basically not far from saying goodbye to this circle. Never act like a gambler.
We are currently in a bull market, so don't let the directionless friends miss any trading opportunities.