If you must play contracts, remember the following points! Very important!

Playing contracts is a high-risk, high-reward endeavor. It is normal to incur losses, but after facing stop loss, two groups of people emerge: some may go crazy and open positions after the stop loss, while others may enter a period of calmness directly.
My suggestion is that if you encounter frequent stop loss situations, you should calm down, temporarily stop trading, and adjust your strategy.

2. Do not be eager for success. Trading is not a means of getting rich overnight. When encountering losses in trading, keep a calm mindset, do not rush to open positions, and never go Heavy PositionAll in.

3. It is important to have a bullish outlook on the overall trend. When the market data indicates a one-sided market, it is necessary to follow the trend and avoid trading against it. Trading against the trend is the root cause of losses, whether you are a Newbie or a Seasoned Trader. However, once the market trend is formed, trading against the trend often leads to harsh lessons from the market. Therefore, we need to learn to follow the trend and patiently wait for opportunities before taking action.

4. The profit-loss ratio must be done well, otherwise it is difficult to make money. The profit should be as large as possible compared to the loss, and at least a 2:1 order should be achieved before considering opening an order.

5. Frequent trading is a taboo for contracts. If you are not an expert in contracts, you must restrain the impulse to blindly open orders, especially for Newbie players who are passionate about the market and always want to seize every opportunity. However, most of the so-called opportunities will lead to losses.

6.Only make money within your knowledge, this is very important.

7. Do not hold a losing position. Holding a losing position in contracts is a taboo, especially for Newbies who have just started. Make sure to set a stop loss. Holding a losing position is the beginning of a downward spiral. Once again, I remind you not to hold a losing position.

When making a profit, do not become complacent, as doing so will inevitably lead to losses.