To play contracts, you need to be bold and meticulous. Keep the following points in mind! They are crucial!

1. Playing contracts means betting small for big returns; experiencing losses is normal. However, after hitting a stop-loss, two groups of people emerge: some will frantically open positions after a stop-loss, while others will enter a cooling-off period. My suggestion is that if you frequently hit stop-losses, you should calm down, temporarily halt trading, and adjust your strategy.

2. Don’t rush to succeed; trading is not a means to get rich overnight. When facing losses in trading, maintain a calm mindset, don’t rush to open positions, and especially don’t go all-in with heavy investment.

3. It's important to pay attention to the overall trend. When you see a one-sided market from the charts, you should go with the trend and not trade against it; going against the trend is the root of losses. Whether you are a beginner or an experienced trader, there is a habit of counter-trend trading. However, once a market trend is established, counter-trend operations often lead to severe lessons from the market. Thus, we must learn to go with the trend and patiently wait for opportunities to act.

4. You must pay attention to the risk-reward ratio; otherwise, it will be hard to make money. Ensure that your profits are as large as possible compared to your losses, and at least achieve a 2:1 ratio before considering opening a position.

5. Frequent trading is a big taboo in contracts. If you are not a contract expert, you must restrain the impulse to blindly open positions, especially for new players who are full of enthusiasm for the market and want to seize every opportunity. However, most so-called opportunities will lead to losses.

6. Only make money within your understanding; this is very important.

7. Don’t hold onto positions; holding onto contracts is a major taboo, especially for newcomers. You must set stop-losses properly. Holding onto positions is the beginning of a descent into the abyss. Let me remind you again: do not hold onto positions.

8. When in profit, don’t get carried away; getting carried away will lead to losses. $BTC #风险回报比