Many people ask me how to trade contracts, here Lao Cai will briefly explain to everyone
1. First, clarify what a contract is
The essence of a contract is to trade on price increases and decreases, using margin, with leverage, which amplifies profits but also amplifies risks. Getting the direction right is very important, but risk management is even more important.
2. Beginners must remember these few points
1. Don't go all in, don't gamble everything
2. Every trade must have a stop loss
3. Don't chase rising prices or sell on falling prices, and don't place orders based on emotions
4. Don't trade randomly during sideways markets, only trade in trending markets
3. The most basic operational logic
Watch the trend: consider going long only in uptrends and going short only in downtrends
Wait for the right position: go long on support bounces, go short on resistance rebounds
Look for confirmation: don't enter immediately upon contact, wait for the candlestick to confirm before acting
4. Position size and mindset are the lifeline
It's normal to have losses in a trade, don't rush to recover
Consistent profits rely on discipline, not luck
Only by surviving can one qualify to talk about making money 💰
5. A piece of honest advice for beginners
Contracts are not a tool for getting rich quickly, they are a long-term game.
Most people lose money, not because they can't read the market, but because they can't control their hands, can't withstand losses, and can't hold onto profits. #BTC走势分析 #ETH $BTC
