If you must trade contracts, keep the following points in mind! They are crucial!

1. Playing with contracts is about risking a small amount to gain a large one, and experiencing losses is quite normal. However, after hitting a stop loss, there are two types of people: some will frantically open new positions after the stop loss, while others will enter a period of calm.
My suggestion is that if you encounter frequent stop losses, you should calm down, temporarily stop trading, and adjust your strategy.
2. Do not rush to achieve success; trading is not a means to get rich overnight. When encountering losses in trading, maintain a calm mindset, do not rush to open positions, and avoid overly leveraged bets.
3. It is important to be aware of the major trends. When the market shows a one-sided trend, you should go with the trend and not trade against it. Trading against the trend is the root of losses. Whether you are a beginner or an experienced trader, there is a habit of trading against the trend. However, once the market trend is established, operating against it can often lead to severe lessons from the market. Therefore, we must learn to go with the trend and patiently wait for opportunities to act.
4. The profit and loss ratio must be managed well; otherwise, it will be difficult to make money. Ensure that profits are as large as possible compared to losses, and at least achieve a 2:1 ratio before considering placing an order.
5. Frequent trading is a major taboo in contracts. If you are not an expert in contracts, you must restrain the impulse to blindly open positions, especially for novice players who are full of passion for the market and always want to seize every opportunity. However, most of the so-called opportunities will lead to losses.
6. Only make money within your understanding, this is very important.
7. Do not hold positions; holding contracts is a major taboo, especially for beginners who have just started. You must ensure proper stop-loss measures. Holding positions is the beginning of a descent into the abyss. Once again, I remind you not to hold positions.
8. Don't get carried away when making profits; getting carried away will lead to losses.