If you must trade contracts, keep the following points in mind!

1. Trading contracts is about risking a little to gain a lot, and experiencing losses is normal. However, after hitting a stop loss, there are two types of people: some will go on a buying spree, while others will enter a period of calm. My advice is that if you experience frequent stop losses, you should calm down, temporarily stop trading, and adjust your strategy.

2. Don't be eager for quick success; trading is not a means to get rich overnight. When faced with losses in trading, maintain a calm mindset, don’t rush to open positions, and especially avoid going all in with heavy investments.

3. It's important to be aware of the overall trend. When you identify a clear trend in the market, you should go with the flow and not trade against it. Trading against the trend is the root of losses. Both novices and experienced traders can fall into the habit of trading against the trend. However, once a market trend is established, going against it can lead to severe losses, so we must learn to go with the trend and patiently wait for opportunities to act.

4. Always maintain a good risk-reward ratio; otherwise, it will be difficult to make money. Ensure that your profits are as large as possible compared to your losses, and aim for at least a 2:1 ratio before considering opening a position.

5. Frequent trading is a major taboo in contracts. If you are not an expert in contracts, you must control the impulse to open positions blindly, especially as a novice. New traders are often filled with enthusiasm and want to seize every opportunity, but most so-called opportunities will lead to losses.

6. Only earn money within your understanding; this is very important.

7. Do not hold positions; holding positions in contracts is a major taboo, especially for beginners. You must set stop losses; holding positions is the beginning of a downward spiral. Once again, do not hold positions.

8. When you are making a profit, do not become complacent; complacency will lead to losses.