Contract trading, which I didn't realize before, also led to huge losses in my contracts. I think a real contract expert must have a strict trading system. Generally, he doesn't make orders in the shock range, and generally after the trend is confirmed, he will enter the long and short positions with good signals. If he enters at a good position, he will have a good profit and loss ratio. Only in this way can he last long and last long. Contract trading is not achieved overnight.
You pursue high returns in a short period of time. If you are lucky for a while, you may make money temporarily, but your luck will always run out. The pursuit of high returns is inevitably accompanied by high risks, which makes it easy to make your position deeply trapped in a short period of time, or even blow up your position. You must understand that the contract market emphasizes long-term short-term operations, but not frequent operations. The contract market emphasizes long-term, not temporary wealth and deep traps.
There are always opportunities in the contract market, but you can't be a headless fly and open orders without basis. The contract market is cruel. You must recognize that 95% are losses, and the real 5% can achieve long-term and stable profits.
So how to do it? How to achieve that 5%?
Let's talk about some common mistakes made by 95% of contract operators.
5% of the masters, who can achieve long-term stable profits, will never blow up their positions under normal circumstances and will control risks. What characteristics do they have?
1: Have a strict trading system
2: Enter the market with a good signal, have a good profit-loss ratio, strictly stop loss, and take the initiative to stop profit when reaching a good profit.
3: Short-term, but not frequent trading.
4: Don't be a slave to emotions, and know that there is a time to stop loss in any transaction.
In fact, masters treat contract trading and even any transaction as a game, slowly upgrade and fight monsters, and have their own plan system strategy to grow, but they will prepare a way out for each operation. Don't have a mentality of seeing death when trading, do a good job of risk control, and don't be a slave to emotions. You must understand that no matter what level of traders, there will be a time to stop loss.
As long as you can achieve long-term stable profits, you are a 5% master.
To become a true master, you must go through the process of being beaten many times, and then concentrate on learning and practicing. You must develop your own trading system and not be a slave to your emotions. Only then will you have a chance to become one.The market is cruel, but you have to be smart.
