$$BTC Contract Trading 'Lifesaving' Guide, Remember to Avoid Pitfalls

If you want to venture into the high-risk 'battlefield' of contracts, fellow traders must engrave the following points into their bones, as they are of utmost importance!

1. Don't panic after a stop loss: Trading contracts is inherently about leveraging small investments for large returns, and experiencing losses is quite normal. After a stop loss, some people may rush to open new positions in a panic, hoping to recover immediately; others will rationally pause and enter a cooling-off period. Listen to advice: if you're frequently hitting stop losses, don't get anxious—stop immediately, calm your thoughts, review your strategy for flaws, and recklessly opening positions will only lead to deeper losses.

2. Abandon the desire for quick profits: Trading is not a means to profit overnight. Getting overly excited after a loss, heavily investing all at once, or urgently opening new positions is a common mistake among beginners. Remember, maintaining a stable mindset is key; wealth accumulation relies on steady streams, and being impatient will get you nowhere.

3. Follow the major trend: When a one-sided market arises, going with the trend is a hard rule! Both beginners and experienced traders can fall into the trap of counter-trend trading, always hoping to 'catch the bottom or hit the peak,' only to be severely punished by the market. Understand the market trend, patiently wait for opportunities, and follow the major trend to hit the profitable rhythm.

4. Manage your risk-reward ratio: To profit in contracts, the risk-reward ratio is a core 'checkpoint.' If this step is not done correctly, profits become an illusion. Ensure at least a 2:1 risk-reward ratio before opening a position, allowing profit margins to securely cover potential losses—don't engage in losing trades.

5. Avoid frequent trading: Beginners especially need to be cautious! Blindly opening positions at the slightest market fluctuation, thinking there's gold everywhere, only leads to traps. If you haven't developed the skills of a master trader, control your hands and restrain your impulses; trading less and trading wisely is the way to survive.

6. Maintain cognitive boundaries: Only earn money within your understanding; this is a hard rule. Recklessly entering the market beyond your knowledge is like a blind person feeling an elephant—risk is entirely uncontrollable. Deepen your knowledge and accumulate experience; it's only reliable to 'mine for gold' in familiar fields.

7. Eliminate holding onto losing positions: Holding onto losing positions is known as the 'death spell' of contracts; the first lesson for beginners is to learn to stop loss! Once the market moves against you, holding onto fantasies and stubbornly refusing to cut losses will only result in an ever-growing snowball of losses, plunging you into an abyss. Timely stop loss is crucial.

8. Don't get restless when in profit: Don't let paper profits float away; if they do, trouble is sure to follow. Overconfidence leads to failure; at this moment, it's even more important to remain calm, strictly adhere to trading discipline, operate according to strategy, and stabilize your profits. #比特币减半完成