If you must trade contracts, keep the following points in mind!

1. Trading contracts is about betting small to gain large, experiencing losses is very normal, but after hitting a stop loss, two groups of people will emerge: some will madly open positions after a stop loss, while others will enter a cooling-off period. My advice is that if you encounter frequent stop losses, you should calm down, temporarily stop trading, and adjust your strategy.

2. Don’t be eager for quick success; trading is not a means to get rich overnight. When facing losses in trading, maintain a calm mindset, don’t rush to open positions, and definitely don’t go all-in with large amounts.

3. It's important to understand the big trend. When you see a one-sided market through the charts, you should follow the trend, not trade against it, as trading against the trend is the root of losses. Both novices and experienced traders can develop the habit of trading against the trend. However, once the market trend is established, trading against it often leads to painful lessons, so we need to learn to go with the trend and patiently wait for opportunities to act.

4. You must manage your risk-reward ratio well; otherwise, it will be hard to make money. Ensure that your profits are greater than your losses, aiming for at least a 2:1 ratio before considering opening a position.

5. Frequent trading is a major taboo in contracts. If you are not an expert in contracts, you must restrain the impulse to blindly open positions, especially for novice players who are passionate about the market and want to seize every opportunity. However, most so-called opportunities will lead to losses.

6. Only make money within your understanding; this is very important.

7. Don’t hold onto losing positions; holding onto contracts is a major taboo, especially for beginners. You must set stop losses; holding positions is the beginning of a downward spiral. Once again, don’t hold onto positions.

8. Don’t get carried away when you’re making profits; getting carried away will definitely lead to losses.