Must-read for friends who play contracts:

1. Trading contracts is about betting small to gain big, and it's normal to incur losses. However, after hitting the stop loss, there are two groups of people: some will go on a crazy trading spree after the stop loss, while others will enter a cooling-off period.
My suggestion is that if you encounter frequent stop losses, you should calm down, temporarily halt trading, and adjust your strategy.

2. Don't rush to achieve success; trading is not a means to get rich overnight. When encountering losses in trading, maintain a calm mindset, avoid rushing to open positions, and definitely do not go all-in with heavy investment.
3. Whether you are a beginner or an experienced trader, understanding the current market is very important. Only engage with the market that you can comprehend; for the market you do not understand, observe quietly and patiently wait for an opportunity to act.

4. The profit and loss ratio must be well managed, otherwise it will be difficult to make money. Make sure that profits are as large as possible compared to losses, and at least achieve a 2:1 ratio before considering opening a position.

5. Frequent trading is a big taboo in contracts. If you're not an expert in contracts, you must restrain the impulse to blindly open positions, especially for new players who are full of enthusiasm for the market and always want to seize every opportunity. However, most so-called opportunities will lead to losses.

6. Do not hold positions; holding contract positions is a major taboo, especially for beginners who have just entered the field. You must set stop losses. Holding positions is the beginning of falling into the abyss, while setting stop losses is the cost we must pay to profit in this market. Again, I remind you not to hold positions.
7. Don't get carried away when making profits; being carried away will surely lead to losses.