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Recently, fans keep coming to ask me, how can I make contracts last longer? My answer has always been straightforward: there is no guaranteed winning trick. To make steady money, it all boils down to mastering the basics.
Don’t expect to turn things around overnight, and don’t enter the market with a gambler’s mentality. Whether you can survive in this market often depends on a few easily overlooked details. For example, how to handle contracts for coins like ADA, LINK, and others—the most crucial first step is to ask yourself: how do I plan to close this position?
Many people haven’t thought about this at all. When they enter the market, their minds are full of "how to make money," but they are very vague about "when to exit." As a result, they panic and run after small profits, and when they lose, they stubbornly refuse to admit defeat, dragging it out repeatedly.
The most typical mistake is not setting a stop-loss. They say they understand, but when it’s time to place an order, they act deaf. When the market turns, their minds immediately start making stories: "It will definitely rebound." The more they resist, the more painful it gets. In the end, they either hurriedly cut losses at the bottom or are swallowed whole by the market.
Another deadly weakness: being timid when making profits, but stubborn when losing. They want to run after a few points, but when they lose, they hold on stubbornly, fantasizing that "a few more hours and I’ll turn it around." This kind of trading might bring small gains in the short term, but in the long run, the account can’t sustain it, and ultimately, they are the ones who lose.
Those who can survive long-term in the contract market never rely on luck or flashes of insight. They rely on plans, systems, and a calm mind. If they make a wrong judgment, it’s okay—what matters is setting tight enough stop-loss points so losses stay within controllable limits. Emotions won’t flare up because of a single mistake, and the account won’t be wiped out because of one error.
On the other hand, those who operate based on feelings? Liquidation is just a matter of time. I learned this lesson with real money back in the day, and the pain from that experience still lingers.
So, when it comes to trading contracts, what matters isn’t how good you are at reading the charts, but how calm you can stay. Don’t rush to show off your insight; first, keep your rhythm steady and manage risks well. Gradually refine your trading habits. When one day you no longer fear losses and don’t operate impulsively, you’ll realize the market isn’t that complicated, and making money isn’t as hard as you think.