I understand this feeling because I have had it too.

There was a time when no matter how I tried the technique, I always lost money in contract trading. When I failed, I changed my strategy. If it still failed, I would change it again. I was stuck in that cycle of losses and had no way to change my current situation. I felt very desperate.

At that time, your family and friends didn't understand you. They thought you were daydreaming, stubborn, hopeless, and that you had no future and your life was ruined.

To this day, I don’t know how I managed to get through the tremendous psychological pressure I endured during that period.

So I understand very well that in the world of contract trading, you have to constantly improve and test your trading strategies while keeping your mentality stable and balanced. This is not an easy thing to do. It is really too difficult!

However, it is because it is difficult and has a threshold that it is worth doing well. On the contrary, things without a threshold have huge hidden prices behind them, which sometimes make you unable to bear it. I realized this truth when I reached middle age.

If you have been losing money and can't get out of this vortex, you can consider the following approaches according to my thinking:

1: Reduce the frequency of contract transactions, or suspend transactions for a period of time.

I know this is the most difficult, but it is indeed the fastest and most effective way to help you get out of negative emotions.

Excessive trading can cause fatigue and anxiety, especially short-term contract trading. When trading is not going well, negative emotions will slowly accumulate with each transaction, like a snowball, until your own emotional pump can no longer bear it. Sometimes a random failure may directly bring you down.

If you feel annoyed, miserable, or even desperate during contract trading, slowly reduce the frequency of transactions and cut them off directly if necessary.

There is a saying that goes, although escaping is shameful, it is useful.

When you are away from the source of your emotions, you can calm down and stabilize yourself, and then you can think about whether this thing is wrong? Should you continue? How to continue? How to make up for these mistakes? And so on.

2: Consider doing something practical and correct your view on money first.

You are asked to stop contract trading not for one or two days, but for a period of time. Because only with enough time can you settle down to think, summarize, and make a decision.

During this time, you can do something else. For example, if you already have a job, immerse yourself in it first. If you don't have a job, find a job first, even a part-time job. First feel how hard it is to make real money.

Because in contract trading, all money is transformed into numbers, just like playing games. After a long time, many people no longer feel the difficulty of making money. They think that earning a few thousand or tens of thousands is very easy and can be done with just the movement of their fingers.

Especially some people who get easily carried away by contract trading have long looked down on the "small money" of a few thousand or a few hundred in reality.

At this time, you must correct your view of money, otherwise it will have a huge impact on your future life and transactions.

3: Ask yourself, why do you trade contracts? How much money do you expect to make?

We have to ask ourselves again, why did we start contract trading? Is it for financial freedom? Hobby? Or to add a chicken drumstick to our dinner? Do we hope to have continuous and stable profits, or to get rich overnight? Do we hope to get the freedom of indulgence, or to learn a skill that can make a living?

I think after calming down, everyone will have their own answers when thinking about these questions, and these answers that truly meet our inner needs are worthy of our further analysis as a guide for future behavior.

For example, if we hope to have the ability to make money continuously, then we have to be patient and become a "trading apprentice" just like learning other skills in reality, learning and honing our skills bit by bit, so that we can develop our trading skills.

If we were to become an apprentice to a craftsman, it would probably take us many years. However, since trading is so close to making money, why can we succeed without any thinking and learning? It also requires hard work.

At the same time, we must also manage our own expectations to a certain extent, and our profit expectations should not exceed our risk expectations.

For example, if you can only lose 5,000 at most, but you want to make 50,000, it is basically impossible. Even if you use leverage, you will most likely face a liquidation. Even if you are lucky enough to win the bet, it will be even worse, because you will feel that it is very exciting to make money quickly, and you will lose interest in doing anything in the future. You will want to make a living from this, and in the end you will still have a liquidation.

So basically, those who want to make a small investment for a big return will end up bankrupt in the end.

So if you can only lose 5,000 at most, then we expect to earn 5,000. The risk expectation should be proportional to the loss expectation. We can even lower our profit expectation to 30% of the original, so that our mentality will be more stable.

4: Manage your time well, adjust the rhythm of contract trading, and resume normal life.

For those friends who are not yet full-time traders, I strongly suggest that you treat trading as the salt in real life, to spice up your work and life, and not to treat it as the whole of your life.

Many people who do contract trading always fantasize that if they succeed in the future, they will have a very good life, so they would rather sacrifice the quality of their current life and gamble on various leverages to take a gamble. This is absolutely not advisable.

You never know when you will die. Every day is the most important day in our life. Don’t live for the future forever.

If you already feel that contract trading has seriously affected your life and emotions, adjust the rhythm of trading, reduce some varieties, add some filters, lower some frequencies, increase some winning rates, reduce some funds, and lower some expectations, and you will feel much more comfortable psychologically.

Work, exercise, read, party, spend time with family, travel, there are many things to do in life, not just trading. The more you pay attention to it, the less money it will make for you and the worse your mood will be. Why bother?

So if you distract yourself and manage your time well, you can live an orderly, stable and comfortable life.

I’m Brother Ming. I’ve been in the trading market for more than ten years. If you have any questions, please contact Brother Ming. Welcome to chat!