Seven taboos in contract trading
1. Position-holding syndrome: This is a common problem among investors, which manifests as feeling uneasy when there is no order in hand and having to place an order; and once the order is held, they are worried that the market trend will be contrary to expectations. This mentality often leads investors to operate frequently, affecting trading results.
2. Frequent operations: Many investors hope to quickly switch between long and short positions. Although this may bring short-term profits, in the long run, without sufficient experience and skills, this approach will often lead to losses.
3. Rebound against the trend: Rebounding in a downward trend is a high-risk behavior. Without sufficient technical analysis capabilities and risk tolerance, it is easy to cause losses.
4. Hesitant to place an order: In trading, opportunities often disappear quickly. If you hesitate when placing an order, you may miss the best opportunity to enter.
5. The main mentality of placing orders: Sometimes investors will affect their trading decisions due to the operation of main funds. In this case, it is very important to stay calm and think independently.
6. Full position operation: Full position operation means that investors invest all their funds in the transaction. Once the market trend is unfavorable, effective risk control will not be carried out.
7. Refusing to admit defeat: When some investors make mistakes in trading, they are unwilling to stop losses in time, but continue to hold on to luck. This mentality may not only lead to greater losses, but may also affect investors' confidence and mentality.
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