Contracts are not something that can be easily controlled. You must have discipline and methods. You can only use this tool when you can use it well! Fu Haitang: I lost a lot of money on back and forth stop losses. Because I want to seize as many opportunities as possible to grow as quickly as possible, I will chase ups and downs in the unclear and incomprehensible market. From 2007 to early 2009, I lost a lot of money on back and forth stop losses. In fact, if you are not firm enough in your prediction of the market, you should not participate. Even if you participate, you can only try with a small position, and the attempt is just to maintain your sensitivity to the market. But I fought with a large position in a market that I didn’t understand. I didn’t have a direction in my heart, and my operation was greatly affected by market fluctuations. I always chased ups and downs, was washed back and forth, and stopped losses back and forth, and my money was stopped. Therefore, when you are not sure, you must never open a large position. When the market is small, you can keep trying orders, keep paying attention to the market, keep familiar with it, maintain a sense of trading, and stay in the market all the time to improve your sensitivity to the market, but in a small market, try to lose as little as possible, it is best not to lose, and it is even better if you can make a little profit. In a small market, you must know how to preserve your strength and wait for opportunities. Soybeans alone will have a big bull market within six years. When the opportunity comes, you must have enough bullets to fight a big battle.

The above content is excerpted from the book "A Farmer's Billion-Dollar Legend"