Contract trading tips:
Be patient and wait for opportunities, trade steadily and don’t be greedy, and it is more reliable to make money with the trend.
1: Patience is key
Contract trading on the exchange is characterized by volatility. Sometimes, the board will remain motionless for a long time, but once it moves, it will be a thrilling big move. Tops and bottoms may interchange at any time, so we have to learn to wait patiently. Don't be in a hurry to place an order, watch more and move less, opportunities are always reserved for those who are patient.
2: Don’t be greedy, don’t be impatient
Don't always think about buying at the lowest and selling at the highest. This mentality is the most likely to make people suffer. Don't rush into the market as soon as you see a slight rise or fall, as this can easily lead to blind impulse. If you want to change from a novice to a master, you must learn to endure the loneliness of short positions and act according to your own plan.
3: Investing is not gambling
Investment is not about guessing riddles, and you cannot rely on your own feelings to say, "It's almost time to go up," "It's probably going to go down," and so on. There must be real evidence and solid evidence. You must have the opportunity to make money when entering the market, and then stop winning as planned and keep the fruits of victory. In the contract market, you must understand one truth: the market is always right, and following the trend of the market is the last word. If you feel something is wrong, run away. Don’t hesitate when it’s time to make a decision. When placing an order, you must have the mentality that "making money is normal, losing money is unexpected."
The final piece of advice is to focus on spot goods as much as possible, as contract risks are high!
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