Last night, I talked a lot with a brother. This brother is born in the 90s, and his current business is in the fur industry. He has been in the market for a year and has lost approximately 700k dollars. He asked me a question: Is it more important to be profitable or to limit losses when entering this market? This question was very vivid. I believe this is a doubt that most traders have in their hearts.

First, from my own perspective, I believe that only traders who can control their drawdowns are qualified traders. If you want to amplify profits or double your gains, this challenge is unavoidable. Even if you make a lot of money, if you can't control the drawdowns, it’s ultimately all for nothing. Many people think that having more capital allows them to do whatever they want, and if they withstand the pressure, it’s fine—adding positions aggressively and waiting for a pullback. I can clearly tell everyone: the more capital you have, the more you need to control your drawdowns. Excellent traders can control their drawdowns, endure loneliness, and remain calm when major market movements occur. This is the true foundation of contract trading profitability!