Many people think that trading contracts is a technical issue, but now I tell you that it's your mindset that is wrong. Retail traders, please take this seriously, after all, your funds didn't come out of thin air.
After trading contracts for a long time, you will discover a heartbreaking truth: most of the people who lose money are not because their skills are poor, but because their mindset is disordered. I used to be like this, after hitting a stop-loss, I was eager to find the next trade to turn things around, making a little profit and running away, but holding on when losing a bit.
I traded every day, but my account kept getting lighter. During that phase, I learned a lot of techniques but couldn't stabilize myself.
Until one day, I completely stopped, looked back at my trading records, and realized: the problem was never the method, but the execution, especially the execution of mindset.
Later I began to practice "less and slower"—if the market is unclear, I would go into cash, write a plan after seeing a signal, and set stop-loss and take-profit levels in advance; once placed, I wouldn’t touch the orders. I would only check my trades once a day, execute if there was an opportunity, and continue waiting if there wasn’t. On the contrary, after that, I began to stabilize slowly.
Sometimes I see others making or losing big overnight, while my account only moves by 2%. But I sleep soundly because I know I am doing "what’s in the plan." Now I no longer feel anxious about missing market opportunities; I care more about whether I executed this trade according to plan and if the rhythm suits me. Once I can do this, I find that making money isn't that hard after all.
If you are also experiencing anxiety, struggle, and uncertainty, it might be worthwhile to slow down and stabilize, setting a "rhythm" for yourself. Don’t think about making a profit on every trade, but strive to understand why you are making each trade.
The cryptocurrency market is full of uncertainty and challenges; investors participating in cryptocurrency investments should fully understand the associated risks, remain calm and rational, and adopt a steady strategy to cope with market changes!