As a beginner in contracts, remember these 6 sentences to avoid detours:
$LIGHT
1️⃣ Take profit and stop loss are the bottom line
You can never earn all the money, but your account can lose it all; if you're wrong, just cut it off.
2️⃣ Don't trade too frequently
The illusion of making money in both directions is just that; the transaction fees are the real killer.
3️⃣ If you don't understand, stay out of the market
Missing an opportunity is just uncomfortable, but losing money is painful.
4️⃣ Don't be anxious to get rich
With a small amount of capital, grow it slowly; stability is more important than excitement.
5️⃣ Never go all in
Going heavy in one shot might lead to immediate exit.
6️⃣ Do what you say
Methods are useless; execution is what really matters.
In conclusion:
Only those who can survive have the right to make money.