Must-read for contract trading! 8 life-saving rules to avoid losses!

1. Frequent stop-loss? Stop now!

If you keep getting stopped out, don’t fight back. Enter a cooling-off period immediately, review and adjust your strategy.

2. Don’t rush to break even

Trading is not a lottery; the more anxious you are, the more you’ll lose. Heavy betting will only speed up your exit.

3. Go with the trend

In a one-sided market, go with the flow; don’t go against the trend — going against the trend is a fast track to zeroing your account.

4. Calculate your risk-reward ratio first

Don’t touch trades with less than a 1:2 ratio; ensure that one win can offset two losses.

5. Curb your itchy trigger finger

Contracts are not like claw machines; opportunities are rare and precious. Frequent trading is just giving away money.

6. Only earn money you understand

If you don’t understand the market, treat it as if you didn’t see it.

7. Never hold onto losing positions

Holding onto losing positions = digging your own grave; stop-loss is a lifesaver, especially for beginners.

8. Don’t get complacent after winning

A little complacency can lead to big losses. Maintaining a stable mindset is the key to long-term success. #ETH突破4000 #特朗普加密新政 $BTC $ETH $XRP

Follow @顶级交易员大东 for more proven trading discipline to help you maintain profits in a high-risk market instead of relying on luck to survive.