10 Steps to Mastering Contract Trading—Become a Pro!
✅ Judge the Trend: Big profits come from following the main trend; going against it will end in disaster.
✅ Determine the Direction: Don’t guess long or short! Let data and candlestick charts guide you.
✅ Find the Entry Point: Buy at support, sell at resistance—don’t open positions blindly.
✅ Look for Signals: Moving averages, volume, MACD—only act when signals align.
✅ Set Stop Loss: Set your stop loss in advance; protecting your principal is key.
✅ Set Position Size: Heavy positions mean certain loss! Start small, test, and stay steady.
✅ Assess Profit Potential: Calculate your profit space, set clear targets, and don’t be greedy.
✅ Open Position: Only act when fully prepared; avoid impulsive trading.
✅ Close Position: Take profit when your target is reached—don’t let profits slip away.
✅ Add Positions: Only add when the trend is confirmed; never average down on losses!
The essence of trading isn’t “gambling,” but building your own trading model! Follow the process so you can take control of your trades, rather than being led around by the market and becoming a slave to trading!
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Steps to Mastering Contract Trading—Become a Pro!
✅ Judge the Trend: Big profits come from following the main trend; going against it will end in disaster.
✅ Determine the Direction: Don’t guess long or short! Let data and candlestick charts guide you.
✅ Find the Entry Point: Buy at support, sell at resistance—don’t open positions blindly.
✅ Look for Signals: Moving averages, volume, MACD—only act when signals align.
✅ Set Stop Loss: Set your stop loss in advance; protecting your principal is key.
✅ Set Position Size: Heavy positions mean certain loss! Start small, test, and stay steady.
✅ Assess Profit Potential: Calculate your profit space, set clear targets, and don’t be greedy.
✅ Open Position: Only act when fully prepared; avoid impulsive trading.
✅ Close Position: Take profit when your target is reached—don’t let profits slip away.
✅ Add Positions: Only add when the trend is confirmed; never average down on losses!
The essence of trading isn’t “gambling,” but building your own trading model! Follow the process so you can take control of your trades, rather than being led around by the market and becoming a slave to trading!