Why are contracts so attractive? Simply put, leverage amplifies the potential gains. Ordinary investors can experience returns of dozens or even hundreds of times in a short period, with very low participation thresholds. This is different from lotteries—most people never win the jackpot in their lifetime, but contract participants can always feel the chance of getting rich quickly. That’s the magic.

But this is also the trap. The other side of gains is risk. If you don’t know how to protect your hard-earned wealth, the final outcome of contract trading can only be one word: liquidation.

I’ve learned many lessons from my own failures. First, reduce trading frequency. Frequent trading is like buying lottery tickets often; the odds become less favorable to you. Second, only follow the trend. Don’t gamble on short-term surges or crashes—that’s just gambling on luck. Real opportunities come from riding the trend after it’s established—seeing the direction clearly, following the trend to place orders, which is much more reliable than trying to catch the top or bottom.

Another key point: don’t hold too many different assets in a single position. Focusing your efforts is better than spreading risk under the guise of diversification. Trading isn’t just about buying and selling; it’s more about psychological resilience and risk management.