200,000 Return to Zero Recovery Diary Currently Recovered 8,000 U Suggestions for the Retail Traders

If you must trade contracts, remember the following points! Very crucial!

1. Trading contracts is about risking a little for a lot, experiencing losses is normal, but after hitting a stop-loss, two types of people emerge: some will crazily open positions after a stop-loss, while others will enter a period of calm.

My suggestion is that if you encounter frequent stop-loss situations, you should calm down, temporarily stop trading, and adjust your strategy.

2. Don’t rush for success; trading is not a means to get rich overnight. When encountering losses in trading, maintain a calm mindset, don’t rush to open positions, and definitely don’t go all in.

3. Understanding the big trend is very important. When you see a one-sided market from the charts, you should go with the trend, not against it. Trading against the trend is the root of losses. Whether you are a beginner or an experienced trader, there is a habit of trading against the trend. However, once the market trend is established, going against it often leads to severe lessons from the market, so we must learn to go with the trend and patiently wait for opportunities to trade.

4. You must manage your risk-to-reward ratio well; otherwise, it’s hard to make money. Ensure that profits are greater than losses as much as possible, and you should aim for at least 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 open positions blindly, especially as a beginner who is passionate about the market and wants to seize every opportunity, but most so-called opportunities will lead to losses.

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

7. Don’t hold onto losing positions; holding onto contracts is a big taboo, especially for beginners. You must set stop-losses; holding onto positions is the beginning of falling into a pit. Again, remind yourself not to hold onto positions.

8. Don’t get carried away when making profits; getting carried away will lead to losses.