We want to earn a lifetime of U, not spend a lifetime busily earning U——real winners understand that 'defending' is more important than 'attacking'!

Brothers, today I want to share some hard-earned rules for contract trading that are practical and actionable:

First, once you make a profit, lock it in!

After buying, if it rises over 10%, tighten the strings: if it falls back to the buying price, don’t hesitate to liquidate, never cling to the fantasy of 'it will rise back'; if you earn enough to reach 20%, set a rule—this time, at least secure 10% of your profit before selling, unless you’re 100% sure you’ve reached a temporary peak, otherwise don’t act rashly; similarly, if you earn 30%, secure a bottom profit of 15%. Even if you can’t precisely determine the peak, you can keep the profits rolling steadily, so you don’t end up giving back what you’ve earned.

Second, if you’re losing money, decisively cut losses without dragging your feet!

If you lose 15% after buying (this ratio can be adjusted, 15% is a golden reference), decisively cut your losses and exit! This isn’t giving up, it’s a timely amputation to avoid deeper losses. Even if it rises later, don’t regret it—this indicates you chose the wrong entry point, it’s a bad trade, and mistakes have consequences. Remember, set a stop-loss every time you open a position, this is the baseline for trading cryptocurrencies; if you lack this awareness, don’t touch contracts!

Third, if the currency you sold drops, buy back at the original price if you still have confidence in it!

After selling, if the currency drops and you still have a long-term positive outlook, buy back the same amount—there’s no change in quantity, but you have more funds from the price difference; if it doesn’t drop much and you don’t buy back, and then it rises back to the selling price, you must buy back unconditionally! Although you’ll pay a little more in fees, it can help you avoid falling into a big pit. This principle can be combined with stop-loss: buy back when it rises to the original price, and if it drops again, apply the stop-loss rules; if you find that the currency price fluctuates without regularity through multiple operations, switch to another asset and choose a new entry point.

In short, short-term cryptocurrency trading isn’t just random fidgeting: quick entries and exits must follow principles, chasing hot trends isn’t aimless crashing, taking profits isn’t cowardice, and being on the sidelines isn’t a withdrawal from the crypto world. Don’t stubbornly cling to high and low entry points, just by adhering to the rules, you’ve already won half the battle!

A single tree cannot support a forest; it’s better to follow the larger group than to stumble in the dark alone! The direction has been pointed out, whether you can keep up and share the rewards depends on your decisiveness!