In the contract market, those who experience liquidation or significant losses generally share the following common characteristics. If you do not overcome these issues, you will continue to incur losses!

1. Heavy trading. (30%~50% position)

2. Stubbornness, never admitting mistakes (always thinking it will turn around)

3. Not setting stop losses, always used to manually closing positions, which leads to being unable to react to extreme market conditions in any investment market.

Some people feel that operating with a 10% position is too small. The earnings are too little. However, I advise everyone to never expect to get rich overnight. Steady and gradual, achieving a daily profit of over 10% on your total account is very feasible. At the end of the month, it can be quite substantial.

Heavy trading is the main reason for liquidation. Using a large proportion of leverage with heavy positions results in very low risk tolerance. Always wanting quick results and to get rich overnight will only lead to worse outcomes.

Light positions and small amounts, going with the trend; steady and gradual, accumulating small gains into large ones. When your account funds have doubled, you can withdraw your principal. At that time, your mindset will be clear, and the speed of profit will be very fast.