In the cryptocurrency market, achieving high returns through contract trading is the goal of many traders. As an experienced cryptocurrency trader, I have experienced many ups and downs and finally mastered some effective contract trading skills. The following is a summary of my years of trading experience, I hope it will be helpful to you:

Fixed trading funds: I always maintain a fixed contract trading fund, such as limiting the trading funds of an account to $300. This strategy allows me to have a clear maximum loss limit, while also capturing huge profit potential when the market conditions are favorable.

Small initial investment: I follow the advice of investment guru Livermore, who proposed in the stock market that if the direction is right at the beginning, you should start with a small amount of profit. Therefore, I will only invest a small amount of money at the beginning of trading, even if the total funds are $300, the initial investment is often only a few dollars or a dozen dollars, which helps me ensure that I can make a profit at the beginning of trading.

Profit-added position: I will only use profits to add positions when I have made profits and the market trend is obvious. This strategy allows me to expand profits when the market conditions are favorable, while controlling risks in unfavorable market environments.

Dynamic stop loss: I will adjust the stop loss point in time according to market changes to protect my principal from loss. This is one of the principles I strictly follow in trading. It helps me stay rational when the market fluctuates and avoid making emotional trading decisions.

These rules help me maintain good trading discipline. Of course, before starting trading, I must remind novices: contract trading is a great test of human nature. Unless you can stick to using very limited funds, such as $100 or $300, you can achieve the strategy of "small for big" instead of "big for small". I share my experience and hope it will be inspiring to contract traders.