If we strictly control our positions when trading contracts, operate with a plan, and never hold onto losing positions, what effect will this have after a month?
1. Trade with money you can afford to lose; not fearing losses is the way to profit;
2. Combine "fundamentals + technical analysis" to determine direction; with the support of fundamentals, trends can be more stable;
3. Only trade daily trend movements (fluctuations > 30%), do not engage in intraday short-term trades, do not trade in choppy markets, and do not foolishly hold coins;
4. In choppy markets, still adhere to trend strategies, strictly set stop losses, and patiently wait for trends to emerge;
5. If the direction is wrong, never hold onto losing positions; making a mistake is not terrifying, but losing everything is;
6. Prefer going long over going short;
7. In trending markets, I hope to patiently wait and choose entry points at advantageous prices.