Many people trade contracts, which seem like gambling—when the price drops, they get heated and want to go all-in long; when it rises, they can't sit still and quickly open short positions. This trading approach isn't losing money because of bad luck, but because there's no strategy.

Having been in the crypto world for years, the biggest lesson in trading contracts is: planning outweighs action, and strategy beats intuition. Those who make money all have their own methods, rather than reacting impulsively based on market charts. Here are some practical tips:

**First, control your position size.** Each trade should not exceed 10% of your account. Sounds conservative? But that's the secret to longevity. Greedy traders who open large positions often get wiped out after a wave of correction.

**Second, stick to your stop-loss.** No trade is immune to losses. Once you've set your stop-loss, don’t move it. Many people change their stop-loss midway, only to be swept out later.

**Third, follow the trend.** Don’t always try to catch the bottom or sell the top—that’s a recipe for losing money. Short at the high points, go long at the low points, and wait for a clear trend before entering. Don’t gamble on rebounds or corrections.

**Fourth, calculate the risk-reward ratio.** Keep the risk-to-reward ratio within 1:3. Use small losses to aim for big gains. Even if your success rate isn’t 100%, you can still make steady profits.

**Fifth, don’t trade all the time.** The more active you are, the more mistakes you make. Frequent adding to positions, changing strategies, chasing orders—these are all signs of impending wipeout. Be patient; only then can you earn steadily.

**Sixth, missing out is better than making mistakes.** When the market has already moved significantly, chasing after it is a common mistake. Instead of risking chasing high, wait for the next opportunity. Opportunities are plentiful; don’t always aim to win everything.

**Seventh, maintain your mindset.** When your account drops sharply in a day, stop trading. Emotional decisions are often wrong. When you're in a bad mood or confused, every trade becomes a gamble.

**Eighth, focus on mindset over technicals.** Drawing lines and looking at indicators are just aids. The real determinant of profit or loss is whether you can resist temptation and stay rational in fear. That’s the primary productivity.

Whether you’re good at trading contracts ultimately depends on two words: self-discipline.