Recently, a friend of mine started trading contracts with 20,000 USDT, and three months later, he made it to 180,000 USDT.

At first, he was obsessed with quickly doubling his investment, but he ended up blowing his account three times in a week, and his emotions collapsed to the point of wanting to quit.

I advised him to follow the eight iron rules I summarized—no impatience, no all-in bets, and trade with the trend.

Unexpectedly, not only did he recover his losses, but he also achieved a steady ninefold return.

I have guided many friends in contract trading, from frequently blowing accounts to achieving stable profits, relying on these repeatedly emphasized eight iron rules, each one learned through hard-earned lessons.

Stop after consecutive losses: Contracts involve leverage, and losses are inevitable. But if you rush to recover after a loss, it will only accelerate your account's downfall.

After three consecutive losses, immediately stop and review, wait for the market and your state to stabilize before re-engaging.

Don't treat contracts like a casino: Contracts are not a shortcut to overnight wealth, nor are they a gambling game. Going all-in usually results in losing everything. To survive in the long run, your position must be manageable.

Go with the trend: Shorting when the market is rising or trying to buy the dip during a crash is akin to seeking your own demise. The trend is your friend; trading against it is like clashing directly with the market.

Ensure a favorable risk-reward ratio: Calculate before opening a position; if your stop loss is 10,000, there should be at least 20,000 potential profit.

Maintaining a 1:1 risk-reward ratio for a long time is equivalent to working for the exchange.

Control trading frequency: Beginners often can't help but trade frequently, resulting in fees eating up profits. Learn to wait to seize the best opportunities.

Avoid markets you don't understand: Sudden surges in altcoins and unexplained rapid fluctuations should be avoided if you don’t understand them. Money made through luck will eventually return.

Stop-loss is a lifesaver: Holding onto positions with the fantasy of a rebound is a major taboo in contracts. A liquidation can happen in an instant; while stop-losses may feel uncomfortable, they can save your life.

Stay calm when profitable: It's easiest to become overconfident when making money, leading to heavy positions, no stop-loss, and erratic trades. The market will punish arrogance; the more successful you are, the more you need to stay grounded @慢慢赢_实盘带单