Talking with friends about trading contracts in the evening:

Friend C said: "I also think that the most urgent thing now is not to make money, but to find the right method as soon as possible!"

I replied: "I've thought about it, the highest realm of trading contracts is the sesame warehouse. But I still get easily carried away. When hit hard, I start to doubt life."

Friend A: "I think controlling your hands and waiting for a market you can understand has a high win rate."

I responded: "I also know that heavy positions are wrong, but sometimes I get carried away! I'm thinking, when I have a tendency to get carried away, I should quickly shut down! Gambling with heavy positions, nine out of ten times I win, and the last time I completely blow up and tell myself there will be better entry points!"

Friend C: "I understand the reasoning, it's like knowing that losing weight means eating less and exercising more, but I just can't control it."

Conclusion: Trading contracts, in essence, is not much different from gambling; both are about betting on probabilities! The mentality of trading contracts is like that of gamblers—wanting to earn more after making a profit, wanting to double down after a loss... cycling repeatedly, sinking deeper and deeper! The temptation in the crypto world is too great! Leveraging 100x and going all-in, if luck is on your side, you double your money in one shot; if not, you lose everything. Every day, there are people getting rich overnight in the contract market, and more people getting wiped out overnight!

To survive and make money in this industry, the first step is to establish an almost insane risk control system! The maximum allowable loss per trade, and the maximum allowable daily loss! Only after setting these two parameters can you truly make money...

In the contract market, no one looks down on earning 1% daily, but if you earn 1% daily, the monthly return will reach 30%, and the annual return will reach 23 times!