Let's talk about the mindset issues in contract trading:
Many people feel they are in control of contracts, but in reality, they are being controlled by the contracts. Their emotions fluctuate with the market, sometimes feeling excited, and other times feeling frustrated. This mindset easily leads to typical novice mistakes—chasing highs and selling lows.
In their impulsiveness, they may increase their positions, which often results in liquidation. What's worse, some even use loans to trade contracts.
Friends who trade contracts, do you ever feel this way? It's advisable to engage less.
I can responsibly say that from the moment you decide to take out a loan to trade contracts, you have already doomed yourself to failure. Borrowing money to enter the market means you have already lost from a psychological standpoint.