Making contracts is easy to lose and hard to earn. Once I scaled up, I focused on spot trading, with only small positions in contracts. The core is to capture high certainty, not to gamble or be greedy.
Here are three iron rules I summarized:
1. Only trade in certain market conditions, do not become a slave to K lines
Abandon 1-minute K lines and only look at breakthroughs above the 4-hour level.
Insist on missing 10 vague opportunities rather than making 1 mistake, trade a maximum of 3 times per day, and redirect attention to fitness when feeling impulsive to avoid rash actions.
2. Let profits run while cutting losses
Use the life-saving rolling position method: the first position should not exceed 10%, take profit on half once it gains 20%, and set a trailing stop for the remaining to let profits extend.
If there is a 5% loss, cut the position immediately, do not add to the position, and do not rely on luck; cutting losses is a matter of survival.
3. Discipline is greater than everything, every trade must be recorded
If there are 2 consecutive stop losses, exit immediately to avoid a vicious emotional cycle.
Every trade needs to be reviewed: find the reason for losses and think of stabilization methods for gains. In contracts, survival comes first; as long as the principal is there, there is an opportunity to find the rhythm.
If you feel confused about contracts, feel free to communicate at any time, analyze the market and operations together, and take fewer detours to avoid losing money. @星哥狩猎日记
