If you must play contracts, keep the following points in mind! They are crucial!

1. Playing contracts is about betting small to win big, experiencing losses is normal. However, after hitting a stop loss, two types of people emerge: some will frantically open positions after a stop loss, while others will enter a calm period. My advice is that if you encounter frequent stop losses, you should calm down, temporarily stop 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, do not rush to open positions, and definitely do not go all in with heavy bets.

3. It is important to recognize the overall trend. When you see a one-sided market, you should go with the trend and not trade against it, as going against the trend is the root of losses. Whether you are a novice or an experienced trader, there is a habit of trading against the trend. However, once the market trend is formed, going against it often leads to severe lessons from the market. Therefore, we must learn to go with the trend and patiently wait for opportunities to act.

4. Make sure to manage your risk-reward ratio; otherwise, it will be difficult to make money. Ensure that your profits are greater than your losses whenever possible, and aim for at least a 2:1 ratio before considering opening a position.

5. Frequent trading is a major taboo in contracts. If you are not a contract expert, you must control the impulse to blindly open positions, especially as a novice player who is filled with enthusiasm for the market and wants to seize every opportunity. However, most of the so-called opportunities will lead to losses.

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

7. Do not hold onto losing positions. Holding onto positions in contracts is a major taboo, especially for beginners. You must set stop losses; holding onto positions is the beginning of falling into a deep abyss. Again, I remind you not to hold onto positions.

8. Do not get carried away when making profits; getting carried away will lead to losses.