If you want to venture into the high-risk 'battlefield' of contracts, everyone must engrave the following key points into their bones, as they are of utmost importance!

1. Don’t panic after cutting losses: Trading contracts is essentially betting small to gain big; experiencing losses is completely normal. After cutting losses, some people impatiently rush to open new positions, hoping to recover immediately; others wisely pause and enter a cooling-off period. Take advice: if you frequently cut losses, don’t get overexcited; stop immediately, settle your thoughts, review your strategy for flaws, and recklessly opening positions will only lead to deeper troubles.

2. Abandon the pursuit of quick gains: Trading is not a means to profit overnight. Getting anxious after a loss, heavily leveraging, and hastily opening new positions are common mistakes for beginners. Remember, maintaining a steady mindset is key; wealth accumulation relies on steady streams, and you can't rush to eat hot tofu.


3. Follow the major trend: When a one-sided market occurs, going with the trend is a hard rule! Both beginners and experienced traders can easily fall into the trap of trading against the trend, always hoping to 'catch the bottom or peak', only to be severely taught a lesson by the market. Understand the market trends, patiently wait for opportunities, and only follow the major trend to catch the rhythm of profits.


4. Manage your risk-reward ratio: If you want to profit in contracts, the risk-reward ratio is the core 'checkpoint'; if this step isn't done well, profits will become a mirage. Ensure at least a 2:1 risk-reward ratio before opening a position, allowing the profit space to securely cover the risk of loss; don’t engage in losing trades.


5. Avoid frequent trading: Beginners especially need to be cautious! Blindly opening positions at the slightest market fluctuation, thinking there’s gold everywhere, is actually fraught with traps. If you haven't developed advanced skills, control your hands and restrain your impulses; trading less and trading wisely is the way to survive.


6. Maintain cognitive boundaries: Only earn money within your understanding, this is a hard rule. Entering beyond your understanding recklessly is like a blind person touching an elephant; the risks are entirely uncontrollable. Delve into knowledge, accumulate experience, and 'mine for gold' in familiar fields to be solid.

7. Avoid holding onto losing positions: Holding onto a position can be considered a 'death curse' in contracts. The first lesson for beginners is to learn to cut losses! Once the market moves against you, holding on with hope will only make losses snowball, leading to a bottomless abyss. Timely loss-cutting is crucial.

8. Stay calm during profitable times: Don't let paper profits sway you; if they do, something is bound to go wrong. Overconfidence leads to defeat, so it's even more important to remain steady at this moment, strictly adhere to trading discipline, operate according to strategy, and secure your profits.