《Suggestions for Contract Players》:
First: The liquidation point must maintain a certain distance, for example, the liquidation point for BTC should be kept at 10,000 points, so that there is a chance to hedge in case of sudden market changes.
Second: Do not deliberately pursue breaking strong resistance and support levels. If there is a profit, you can place the stop-loss at a profitable point and use the profit to explore.
Third: This year's market has very low continuity, characterized by various irregular fluctuations. It is essential to have a clear analysis mindset; if there is a sudden change in the market, one must be able to withdraw in time. This sudden change of a few seconds cannot be seamlessly connected with outside help.
Fourth: The importance of an operating system. No one is perfect; everyone makes mistakes. Mistakes are not terrible, but if you have a set analysis mindset and a personal operating system, you can compensate for the losses caused by your mistakes. (The first point is included in this).
Fifth: Mindset is very important. It is advised that those who are in debt, using loans, playing with their life savings, or unemployed should think twice before acting, as you cannot afford to lose; therefore, the volatility of the market can easily lead to a breakdown in mindset.
Sixth: Do not think about stop-loss every time you make a trade. If you make a few wrong stop-loss decisions, you will lose your principal, and then what’s the point? (Combining the first and sixth points).
I have just written down my thoughts as they came to me; the words may be rough, but the reasoning is sound. If you find it useful, please take a closer look, and I hope it helps you.