Playing contract trading is well understood—prices rise rapidly during uptrends, and collapse instantly during downturns. I've seen too many people double their money in a short time only to lose everything in the blink of an eye. I've been through this myself—starting with a few thousand yuan, at my worst, my account shrank to almost nothing, but by sticking to a few trading principles, I not only survived but gradually accumulated assets.

Today, I’m not sharing any investment secrets, but the fundamental rules for truly surviving in this market. If you’ve just entered or have been losing money, maybe you can find some inspiration from my experience.

**Rule One: Cut losses without hesitation—exit immediately if you judge you’re wrong**

In my early years, I blew two positions because I was waiting for a rebound. The market has no mercy for wishful thinking—once you hit your stop-loss level, you must exit. Admitting mistakes is far better than deceiving yourself.

Many people have a common problem: if they get the direction wrong, they start inventing all kinds of reasons to cling to their position. As a result, small losses turn into huge ones, and finally they get forcibly liquidated. Cutting losses and letting profits run freely—that’s the ironclad rule of trading. Now I’ve developed a conditioned reflex—every trade must have a stop-loss set, just like wearing a seatbelt when driving. When the price hits the stop-loss, it means I was wrong in my judgment. Just accept reality, and that’s it.

**Rule Two: After three consecutive losses, close the position immediately**

When someone is unlucky, their mind often becomes more confused, and they trade more aggressively. Once, I kept trading blindly during unclear market conditions and blew five positions in one day. After this loss, I set a strict rule for myself: after three consecutive stop-outs, I immediately shut down my computer and stop watching any market.

This rule has saved me many times. Because during consecutive losses, a person’s judgment becomes severely distorted, and their execution ability worsens. It’s better to decisively stop, wait for emotions to settle, and for the market to clarify. Staying calm is often more valuable than stubborn persistence.