1. Trading contracts is about betting small to gain 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 cooling-off period. My advice is that if you encounter frequent stop losses, you should calm down, temporarily halt trading, and adjust your strategy. 2. Don't rush to achieve results; trading is not a means to get rich overnight. When facing losses in trading, maintain a calm mindset, avoid rushing into opening positions, and definitely do not go all in with heavy investments. 3. It's essential to recognize the overall trend. When the market shows a one-sided trend, you should go with the flow and not trade against it. Trading against the trend is the root of losses; both beginners and experienced traders tend to have the habit of trading against the trend. However, once a market trend is established, trading 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. Make sure your risk-to-reward ratio is solid; otherwise, it will be challenging to make money. Ensure that profits are significantly greater than losses, with a minimum ratio of 2:1 for considering opening a position. 5. Frequent trading is a big taboo in contracts. If you're not a trading expert, you must control the impulse to open positions blindly, especially for beginners who are filled with enthusiasm for the market and want to seize every opportunity. However, most 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 contracts is a major taboo, especially for newcomers. You must implement stop losses effectively. Holding onto positions is the beginning of a downward spiral, and I remind you again: do not hold onto losing positions.