Here are some small insights that can help you stay longer in the contract market:

1. High-leverage contracts should never be over-leveraged, should never be over-leveraged, should never be over-leveraged. Remember one thing: the money earned from over-leveraging will eventually be lost in the same way, and the outcome will always be liquidation.
2. How to determine whether your position is heavy or not. I won't tell you what percentage of your total position it is like some people do; just one sentence: after opening this position, as long as it doesn’t affect your normal eating and sleeping, and you can sleep peacefully, then it means this position is appropriate.
3. Always set a stop loss, always set a stop loss, always set a stop loss! Make this a habit. Some people open an Ant position, thinking that no matter how big the market moves, it won't lead to a liquidation, and they can always add to their position. However, sometimes in extreme market conditions, a little bit of adding can lead to an increasingly heavy position, and then a one-sided move can take everything away.
4. It is said that skilled traders know how to buy, while highly skilled traders know how to sell. Most retail investors do not have the technical expertise to sell precisely at a profit, so they should set a profit-taking percentage point for themselves and strictly adhere to it. For example, take profits on a certain percentage of positions at a specific profit percentage, and take all profits at another percentage. Don't be afraid of missing out on gains; remember, even Buffett has missed opportunities to sell. The money in your pocket, when to take it out, and how much to take out are all good decisions.
5. Learn more, don’t just focus on the points others give you to open positions or blindly open positions yourself. When you see the dynamic points shared by experts, think about why that point is chosen, then learn and absorb. When you have time, read books, various candlestick and stock market books. Remember, in doing anything, it is necessary to learn knowledge first and then act to succeed easily. There is no principle of gaining without effort.
6. Always have respect for the market. Any trade is always a probability game, and there is no 100% success rate; you must accept failure. What we can do is to improve the probability of success as much as possible and optimize the risk-reward ratio.

That's all for now, I need to get up and have breakfast.