You might not know how to trade contracts at all!

If you are in a losing position with your contracts and you want to turn that loss into a profit, then you need to read this article carefully. Follow the six points below to ensure that you can achieve profitability 100%.
1: Learn to Take Profit and Cut Losses
The market is ever-changing, and you must learn to take profits and cut losses. This is not as difficult as it sounds. Taking profits is about controlling your own greed; a coin will not rise indefinitely, nor will it fall continuously. There are cycles, so taking profits becomes particularly important. Don't always worry about closing positions too early and missing out on later profits! You must remember that the money in the crypto world is never-ending, but the money in your account can be completely lost.
Cutting losses means giving up on sunk costs, which is also very difficult. Don't always think that if you just hold on for a moment, the market will reverse in the next second; never think like that. If you're wrong, you're wrong; you have to acknowledge it. When facing a hit, stand firm. Although it hurts to cut off a limb to survive, it can truly save your life.
Two: Learn to go empty.
When you don't understand the market, don't blindly place orders. At this time, you have to say that missing out on the market feels bad. So let me ask you, is it worse to miss out or to incur losses? Not understanding the market and blindly placing orders without precise direction is no different from gambling!
Trading is about having a probabilistic advantage; no one can accurately predict whether prices will rise or fall. The market changes too quickly, so one can only say that it is highly likely to rise or fall.
Three: Step by step
Don't always think you can become a big fat guy in one go; haste makes waste!
The cryptocurrency world won't make you rich overnight. For example, if you invest 100 and leverage it 10 times, your position becomes 1000. If it rises by one point, you earn 10, and if it rises by two points, you get 20, which is enough for a breakfast. Now, working in a factory earns you 15 per hour. If you make three to four trades a day with a win rate of 60 to 70%, it's not less comfortable than working in a factory.
Four: Do not go all in with heavy positions.
Never, ever go all in with heavy positions. If something unexpected happens, it could all be gone. For example, the market might be rising as expected, and then suddenly, a major news event could cause a sharp downturn. If you haven't set a stop-loss, you're done for! So don't rush into it, always enter with light positions, prioritizing stability. The crypto market is not short of trends or opportunities; they will always be there, at least for the next 10 to 20 years. So don't be fooled by the illusions in front of you!
Five: It is essential to integrate knowledge and action.
This point is indeed quite difficult, including sometimes I can't fully achieve it; the weaknesses of human nature are hard to grasp!
You must have a mindset that far surpasses others, the courage to stand and fight, the decisiveness to cut losses in time, and the determination to survive at all costs! Otherwise, you will never become one of the 2%!