Don't obsess over technicals in contract trading! 90% of losses are due to mindset issues.
Many people mistakenly believe that profits in contracts depend on technical analysis, but in reality, most losses stem from a collapse in mentality. Some rush to recover losses immediately after stopping out, placing impulsive orders; profits are missed, and losses are stubbornly held onto. Frequent trading causes the account to continuously shrink.
There was a fan who stayed up late watching the market, randomly adding positions during BTC fluctuations, losing more than half of their principal in a week. I didn't teach new indicators, only advised him to practice "doing less, doing slowly"—checking the market only 3 times a day, not trading outside preset levels, and setting take profit and stop loss orders in advance without manual modifications. After two weeks, he not only stopped losing but also recovered some of his losses with steady trades, and could sleep peacefully.
After reviewing, I also found that the key to stable profits is mindset and execution: stay in cash when the market is unclear, plan when signals appear, do not change orders arbitrarily after placing them, and check the market only once a day. Not every trade needs to be profitable, but trades should be based on sound reasoning, with a rhythm that suits oneself, so the account can grow steadily.
If you're feeling anxious and confused about trading, consider slowing down, team up to control your mindset, and remember that opportunities are always there. $BTC $ETH
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Don't obsess over technicals in contract trading! 90% of losses are due to mindset issues.
Many people mistakenly believe that profits in contracts depend on technical analysis, but in reality, most losses stem from a collapse in mentality. Some rush to recover losses immediately after stopping out, placing impulsive orders; profits are missed, and losses are stubbornly held onto. Frequent trading causes the account to continuously shrink.
There was a fan who stayed up late watching the market, randomly adding positions during BTC fluctuations, losing more than half of their principal in a week. I didn't teach new indicators, only advised him to practice "doing less, doing slowly"—checking the market only 3 times a day, not trading outside preset levels, and setting take profit and stop loss orders in advance without manual modifications. After two weeks, he not only stopped losing but also recovered some of his losses with steady trades, and could sleep peacefully.
After reviewing, I also found that the key to stable profits is mindset and execution: stay in cash when the market is unclear, plan when signals appear, do not change orders arbitrarily after placing them, and check the market only once a day. Not every trade needs to be profitable, but trades should be based on sound reasoning, with a rhythm that suits oneself, so the account can grow steadily.
If you're feeling anxious and confused about trading, consider slowing down, team up to control your mindset, and remember that opportunities are always there. $BTC $ETH