Contract $ Trading 'Survival' Guide, Remembering is Key to Avoiding Pitfalls If you want to enter the high-risk 'battlefield' of contracts, all friends must engrave the following key points into their bones, as they are of utmost importance! 1. Don't Panic After Stopping Losses: Playing contracts is all about taking small risks for big rewards; experiencing losses is perfectly normal. After stopping losses, some people become anxious and frantically open new positions, hoping to recoup their losses immediately; others calmly pause and enter a cooling-off period. Listen to the advice: if you frequently stop losses, definitely don't get carried away, immediately stop, calm your thoughts, review your strategy for flaws, and recklessly opening positions will only trap you deeper. 2. Abandon the Desire for Quick Results: Trading is by no means a way to profit overnight. Getting overly anxious after a loss, heavily investing all at once, and eagerly opening new positions are common mistakes for beginners. Remember, maintaining a stable mindset is key; wealth accumulation relies on steady progress, and being impatient won't yield results. 3. Follow the Major Trend: When a one-sided market arises, going with the trend is a strict rule! Both beginners and experienced traders easily fall into the trap of trading against the trend, always hoping to 'pick the bottom or touch the peak,' only to be severely taught a lesson by the market. Understand the market trends, patiently wait for opportunities, and only follow the major trend can you hit the rhythm of profit. 4. Control the Profit and Loss Ratio: To profit in contracts, the profit and loss ratio is the core 'checkpoint.' If you don't get this step right, your profits will become a mirage. Ensure at least a 2:1 profit and loss ratio before opening a position, allowing profit space to securely cover the risk of loss; don't engage in losing trades.
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