Seven taboos of contract trading
1. You can't keep your hands idle, always want to place an order, and worry about gains and losses when holding a position. Frequent operations often lead to increased losses.
2. Attempting to go long and short, frequently changing directions, ignoring the continuity of market trends, you should follow the trend and not easily go against the market.
3. Grabbing a rebound is like catching a flying knife. Non-professionals should not try. Wait until the trend is clear before taking action, safety first, and make money with the trend.
4. When placing an order, you are afraid of wolves and tigers, and miss opportunities. You should believe in the power of the trend, follow it decisively, and reduce the profits missed due to hesitation.
5. Do you feel that the main force is deliberately making trouble? In fact, the main force does not care about your order. Keep a calm mind, take a break at the right time, and analyze calmly before taking action.
6. Although you may make a lot of money with a full position, the risk is extremely high. Control your position, no more than half of the total funds each time, leaving room for unexpected situations.
7. If you are wrong, you must admit it, and stopping losses in time is the key. Don't fight the market, admit your mistakes and adjust your strategy quickly to avoid further losses.