Last night, I talked a lot with a brother. This brother is born in the 90s, and his reality is running a fur business. He entered the market a year ago and lost about 700k dollars. He asked me a question: he said, in this market, is profitability more important or is stopping the loss more important? This question was very vivid. I believe this is also a doubt in the minds of the vast majority of traders.

First of all, 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 difficulty cannot be avoided. 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 it, it’s fine—adding positions aggressively and then waiting for a pullback. I can clearly tell everyone: having more capital means you should control the drawdowns even more. Excellent traders can control their drawdowns, can endure loneliness, and remain calm when major market movements occur. This is the true foundation of contract trading profitability!