Want to turn around contract losses? If you focus on these 6 points, making a profit isn't that difficult.

Total losses in contract trading? Don't rush to deny yourself, and don't blindly increase your investment. In fact, many times, losing money is not due to unpredictable market conditions, but rather not fully understanding the underlying logic of trading. Focus on the following 6 points to help you break free from the cycle of losses and steadily move towards profitability —
1. Take profit and stop loss: the "life-saving amulet" of trading, must be ingrained in your bones.
The market is ever-changing, and profit taking and loss cutting are the bottom line.
- Taking profits is making peace with "greed": there are no coins that will rise forever, nor are there trends that will decline indefinitely. Taking profits is not a sign of cowardice, but a wise way to preserve your earnings. Don't get caught up in "if I had held longer, I would have made more money"; money in the crypto world is never fully exhausted, but the money in your account can be lost completely.
- Stop-loss is the courage of "cutting off a limb to survive": admit when you're wrong, don't fantasize that "just holding on will lead to a reversal." Sunk costs should be let go; a moment of pain can preserve your principal. As long as you have the mountains intact, there is a chance for a turnaround.
2. Refuse to make frequent trades: Less trading can actually lead to more profits.
Don't always think about "double dipping on long and short positions"; it's already good enough for ordinary people to fully understand one direction.
The two major pitfalls of frequent order placement:
- Transaction fee consumption: it's fine with low leverage, but with high leverage, you lose 1-2 points on a single order, and all the profits go to the platform as "labor costs." Why bother?
- Mindset collapses quickly: With too many orders, judgment can easily become confused, and the probability of making mistakes increases significantly. It is better to focus on a few opportunities that are certain, as improving the win rate is more valuable than anything else.
3. Learn to stay out of the market: If you don't understand the market conditions, it's better not to make a profit than to incur a loss.
"Feeling bad for missing out" or "Feeling bad for losses"? The answer is obvious.
When the market is unclear and the direction is ambiguous, blindly opening positions is just gambling. Trading relies on "probability advantage"; no one can predict price movements with 100% certainty. Instead of losing your capital in chaos, it's better to patiently wait for signals—good opportunities are worth waiting a little longer.
4. Step by step: Don't expect to get rich overnight; even small profits count.
There are many stories of getting rich quickly in the cryptocurrency world, but most people rely on "stability" to win.
For example, using 100 as the principal, opening a 10x long position, holding 1000. If it rises by 1 point, you earn 10 bucks; if it rises by 2 points, you earn 20, enough for a breakfast. Opening three to four positions daily, with a win rate of 60%-70%, isn’t it easier than working?
Haste makes waste; small victories lead to great victories.
5. Never go all-in: a light position is the "safety cushion" for trading.
Going all-in is equivalent to handing your fate over to "accidents."
Even if the market behaves as expected, a sudden piece of news can reverse the trend. If you haven't set a stop-loss, an instant liquidation is no joke.
Remember: There are always opportunities in the crypto world, and there will be markets in the next 10 or 20 years. Operate with a light position and accumulate steadily to live longer.
VI. Unity of Knowledge and Action: Knowing is useless; doing is the real skill.
Everyone understands the reasoning, but execution is difficult—this is a common issue for most people. The weaknesses of human nature (greed, complacency, hesitation) are the greatest enemies in trading.
The cryptocurrency world can change your fate, but the premise is that you must have a "mindset that far exceeds others": the restraint to take profits, the courage to cut losses, and the patience to stay out of the market.
Finally, I want to say: the money earned from trading is not from "predicting the market" but from "managing yourself." If you do these 6 points well, you may not necessarily get rich, but you will definitely be able to escape the quagmire of losses and become one of the few who can achieve stable profits.
The market is always there, opportunities are often available, the key is that you must first learn to "survive" in order to wait for your own opportunity.