When playing contract trading, it is important to keep in mind the following key points:
Losses are normal, especially after stop loss, some people will impulsively open new orders, while others choose to think calmly.
It is recommended to suspend trading and adjust strategies when stop loss is frequent.
Don't rush for success, trading is not a shortcut to get rich overnight.
Stay calm when facing losses, don't rush to open orders, and don't operate with heavy positions.
The judgment of the general trend is crucial. If the market presents a one-sided trend, you should follow the trend and avoid counter-trend operations.
Counter-trend trading often leads to losses, so you must learn to wait patiently for the right time to operate.
Control the profit and loss ratio, ensure that profits are greater than losses, and maintain a profit and loss ratio of at least 2 to 1, so that you can consider opening orders.
Avoid frequent trading, especially for novices who are not familiar with contracts. Don't blindly open orders due to market enthusiasm. Most so-called opportunities often lead to losses.
Only use funds that you can afford to trade and avoid taking risks.
Don't carry orders. Carrying orders in contracts is a serious mistake, especially for novices. Be sure to set a stop loss to avoid falling into an unbearable abyss.
Don't be too proud when you make a profit, as overconfidence often leads to losses.
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