If you must trade contracts, remember these 8 rules!
1️⃣ Don't get emotional after a stop loss
- Continuous stop losses? Stop! Calmly review your trades, don't go crazy adding positions, or you'll definitely blow up.
2️⃣ Reject the mindset of getting rich overnight
- Contracts are not gambling, don't go all in! Take steady steps, surviving is the key to winning.
3️⃣ Trade with the trend, not against it
- When a strong trend occurs, follow the trend! Going against it = giving away money, don't fight the market.
4️⃣ Only open positions with a win-loss ratio ≥ 2:1
- Your profits need to cover your losses, otherwise you'll inevitably lose in the long run.
5️⃣ Reduce frequent trading
- If you're not an expert, don't open random positions; 80% of “opportunities” are traps.
6️⃣ Only make money within your understanding
- Don't touch markets you don't understand; luck = loss.
7️⃣ Absolutely do not hold losing positions
- Cut losses immediately, holding = preparing for liquidation, don't wait until you hit zero to regret it!
8️⃣ Don't get carried away after making a profit
- Take profits when you have them, inflation will lead to losses, the market has a way of humbling the overconfident!
