If you want to trade contracts, make sure to read this carefully!

1. Playing with contracts is a way of betting small to gain big, and it is normal to incur losses. However, after hitting the stop loss, there are two groups of people: some will frantically open positions after the stop loss, while others will directly enter a cooling-off period.
My suggestion is that if you encounter frequent stop losses, you should calm down, temporarily stop trading, and adjust your strategy.
2. Don’t be eager for quick success; trading is not a means to get rich overnight. When facing losses in trading, maintain a calm mindset, don’t rush to open positions, and definitely avoid over-leveraging.
3. It is important to recognize the major trends. When the market shows a one-sided trend, you should follow the trend instead of trading against it, as going against the trend is the root of losses. Both beginners and experienced traders often have the habit of trading against the trend. However, once a market trend is established, operating against it can often result in severe lessons from the market. Therefore, we should learn to go with the trend and patiently wait for opportunities before taking action.
4. The profit and loss ratio must be well managed; otherwise, it will be difficult to make money. Ensure that profits are as large as possible compared to losses, and at least achieve a ratio of 2:1 before considering opening a position.
5. Frequent trading is a major taboo in contracts. If you are not an expert in contracts, you must control the impulse to open orders blindly, especially for new players who are full of enthusiasm for the market and always want 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 positions; holding positions in contracts is a big taboo, especially for beginners who have just started. Be sure to set stop-loss orders, as holding positions is the beginning of a descent into the abyss. Once again, I remind you not to hold positions.
8. Don't get carried away when making a profit,