Brothers, many people think that as long as the direction is right when trading contracts, they can make a guaranteed profit.
But I have to tell you a harsh truth—the right direction does not mean you can make money.
When I first started trading contracts, even a quick trip to get some water could lead to a major loss.
Ironically, during those times, my predictions were all correct, yet I still ended up losing everything. Isn't that frustrating?
It wasn't until I went through the settlement slips that I realized I wasn't losing to the market,
but rather getting completely wiped out by the three traps set by the big players.
The first trap: rushing in.
As soon as the market showed any movement, I rushed to open a position, seeing a breakout and going all in.
As a result, just as I plunged in, the main force quickly reversed with a spike, and I was directly swept out.
The second trap: rigid stop-loss.
Setting a fixed stop-loss of 3% or 5% thinking it would be safe,
but in the face of the high volatility of contracts, this is just serving dessert to the big players.
I was swept through “false breaks” three times, watching the market surge in the direction I predicted, unable to do anything but stare.
The third trap: heavy positions.
Going all in is like handing over your life to the market.
Even if the direction is right, if the market moves against you for a few candlesticks, your account can be wiped out.
One night I faced a margin call, watching the balance hit zero, and I was frozen.
From that day on, I forced myself to establish three iron rules:
1. Never go all in; split the position into three parts;
2. Move the stop-loss with the volatility; don’t stick to fixed levels;
3. If the market is unclear, stay in cash; never force a position.
With these rules, I went from continuous margin calls to steady profits,
and within a year, my account tripled.
Xiao Ge only trades with real money, not virtual. If you want to avoid pitfalls and make profits, don’t fumble around alone—follow my rhythm and steadily reap the rewards.