Stay away from contracts
I have witnessed friends in other groups go bankrupt because of contract trading, and even had to sell their properties to repay debts. This is deeply distressing, and it also makes me more convinced that contract trading is like gambling. Once you get involved, you will find it difficult to extricate yourself.
Looking back on when I just graduated, I was also attracted to contract trading and indulged in it. At that time, I stared at the K-line chart without sleep and forgot to eat, thinking that I was a master at the gambling table and a leader in contract trading. Whenever I saw the numbers on my account grow rapidly, I felt extremely satisfied and proud, as if the value of my labor was infinitely magnified.
However, this illusory sense of satisfaction made me gradually ignore the hardships of reality. The floating profits and losses of tens of millions every day made me question the value of labor, thinking that working hard for a month to earn tens of thousands of yuan was not worth mentioning at all.
In the market crash in 2021, I deeply experienced the risks of contract trading. I went short all the way, but in the end, I returned to the pre-liberation era overnight, and all my efforts came to nothing. At that time, in order to recover a little bit of loss, I kept adding funds, but eventually fell into a deeper quagmire.
Looking back, I have experienced a lot and learned a lot in the past three years. I gradually understand that real wealth accumulation requires time and patience, not momentary impulse and greed. Stay away from the temptation of contract trading and gambling, cherish the fruits of your labor, and slowly become rich is the real way to happiness.
