In contract trading, mindset is the key to victory or defeat. First, avoid greed; when making a profit, take the opportunity to collect gains and don't let greed push you to chase the price and increase the position. When facing losses, avoid panic, refuse to emotionally hold a losing position or blindly take the opposite position; the more anxious you are, the easier it is to fall into traps. Secondly, maintain patience; the market will not always align with your predictions, waiting in a short position for quality signals is far more important than frequent trading. Also, accept the possibility of error; there is no strategy with a 100% win rate, a single loss does not mean the decision was wrong. Stay calm and execute your trading plan without losing your rhythm due to a single win or loss. By stabilizing your mindset, you can maintain rationality during fluctuations and trends and go further.
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In contract trading, mindset is the key to victory or defeat. First, avoid greed; when making a profit, take the opportunity to collect gains and don't let greed push you to chase the price and increase the position. When facing losses, avoid panic, refuse to emotionally hold a losing position or blindly take the opposite position; the more anxious you are, the easier it is to fall into traps. Secondly, maintain patience; the market will not always align with your predictions, waiting in a short position for quality signals is far more important than frequent trading. Also, accept the possibility of error; there is no strategy with a 100% win rate, a single loss does not mean the decision was wrong. Stay calm and execute your trading plan without losing your rhythm due to a single win or loss. By stabilizing your mindset, you can maintain rationality during fluctuations and trends and go further.