Contract trading safety tips: keep a stable mentality, fine strategies, know the essence, steady profits are not a dream! "
1. Mentality control: stable, steady, not greedy
Calm decision-making: avoid impatience and impulse, especially when facing sudden market changes. Patiently wait for the right time to enter the market, and ensure that the decision is based on full analysis rather than emotions.
Firm execution: set a good grid trigger point or stop loss point. Once set, do not easily change it due to short-term market fluctuations. Maintain the consistency of the strategy and reduce the wrong operations caused by emotional fluctuations.
Stop when you are profitable: stay sober when you make a profit, set a reasonable profit stop target, and avoid profit taking or even losses caused by greed. Remember, it is safe to put the bag in the bag and protect the existing income.
Second, strategy selection: careful assessment, risk diversification
Test new coins with small orders: For newly listed digital currencies with transparent data, small orders can be used to test the waters, set clear stop losses, and gain potential returns with lower risks.
Stay away from high-risk meme coins: For meme coins that lack fundamental support and are easily manipulated, especially large investments, you should be highly vigilant. These currencies are often extremely volatile, difficult to make profits, and extremely risky.
Third, rationally understand contract trading
Contracts are not shortcuts: It is clear that contract trading is not a shortcut to get rich quickly. Although its high leverage characteristics can magnify profits, it also magnifies losses.