You really don't know how to trade contracts
You think you know how to trade contracts because you've watched tutorials, opened long positions, caught a trend a couple of times, and made quick money once.
But the real 'not knowing' is in the following: you see the right direction but can't withstand the pullbacks. Before a rise, there’s always a shakeout; before a fall, there’s always a false signal.
You panic amidst the volatility, get shaken out of your position, watch the market ultimately move in the right direction, but your account goes to zero.
No stop-loss set, relying entirely on gut feelings: 'I feel it will bounce back', 'If it drops more, I’ll double down', 'I’ll hold on and it will come back.'
What comes back is a margin call. You take profits too early and hold onto losses too long. You're not trading; you're just stubbornly betting against yourself.
Emotions affect your trading. After two consecutive losses, you impulsively double down; it’s not logical trading, it’s a gambler's revenge.
You really don’t know how to trade contracts; you’re just releasing anxiety and impulse in trading.
I also started from not knowing to 'blowing up once, learning a little'.
Only then did I truly understand: in contracts, it’s about the system, not the mood.
If you want to make money, first learn not to lose.
