At 20 years old, playing the contract market made me two million. How did I earn it? To excel in contract trading, one must first solidly grasp the underlying logic of contracts, from trading rules and the composition of transaction fees, to the deep impact of leverage on returns and risks, all of which must be thoroughly understood. At the same time, accurately assess one's risk tolerance, set reasonable positions based on personal financial status and psychological bottom lines, and strictly avoid excessive leverage that amplifies risk exposure.
Develop a complete and scientific trading plan, clearly defining entry and exit signals, and reasonably setting stop-loss and take-profit levels to lock in profits and control losses.
Continuously monitor global macroeconomic data, industry trends, and breaking news, as these can become key factors in market trend changes. In trading, strictly adhere to capital management discipline, ensuring that the funds used for each trade are within a safe range, thereby ensuring the sustainability of trading.
Furthermore, regardless of market fluctuations, maintain calm and rationality, not being swayed by greed and fear, and avoid emotional trading.
You can also gain practical experience through simulated trading first, and once skilled, transition to real trading, and regularly review trading records to continuously optimize trading strategies, which will allow for steady progress in the wave of contract trading.