Ouyang Feng: On the road of contracts, if it weren't for your stubbornness, how did it come to this?

A person who can swim is just good at the act of swimming. A person who truly understands swimming can appreciate it deeply. Talking too much is not conducive to planning; moving too much is not suitable for long-term association. Trading impulsively is less effective than remaining still! Hello everyone, I am Ouyang Feng.

In the contract market, with the development of digital currencies, it is said that heroes compete for brilliance. In this market, no one can say the trend is settled. Before entering, if your mind is in chaos, your positions are messy, especially large funds acting as special forces without proper risk control, they are doomed to be the first targets of the market’s manipulative whales, falling into the trap.

On the road of contracts, if it weren't for your stubbornness, how did it come to this?

Playing contracts, rationality is very important. Most analysts have probably said that making trades without hesitation, not hesitating to act, overcoming greed and fear, will definitely help you go further! No one can always just take profits; small losses are not a problem sometimes. Subjective mindset determines the outcome of bullish or bearish trends.

Playing contracts, the next point is position sizing: good position control is the key to risk management. Of course, the size of your funds is not about whether you can afford to play, but whether your risk avoidance is reasonable. Many people lose on the first trade and chase with full positions on the next. That’s how the market is—too many ignorant stubborn kids. The market favors following the trend; once a breakout occurs, small losses can turn into big wins. If you blindly chase one-sided moves with full positions, unless you are Jesus, you can only turn losses into profits.

Playing contracts, the definition of stop-loss: Stop-loss, especially when operating perpetual contracts, involves a game of longs and shorts. Many treat it as inertia; taking a small loss doesn’t matter, and they exit quickly, only to be caught off guard by a one-sided move. Stop-loss is a habit of eating and drinking; when you prepare to enter, be sure to set your stop-loss. It’s so convenient, so what right do you have not to be decisive?

Playing contracts, take profit is also very important: Take profit, in the process of bullish and bearish flows, is often the best tool for profit. Just like the recent leading coins, with rapid rises and falls, taking profits at the last moment, only to be hit by a waterfall. When the market finally departs, it’s gone for good, trapping traders in difficult situations. All short- and medium-term traders, if you want to be steady, it’s recommended to set take profit, which is often the best choice. After all, this isn’t stocks.

On the road of contracts, if it weren't for your stubbornness, how did it come to this?

Playing contracts, avoid frequent trading: This is especially important for perpetual contracts, because too many people enjoy the thrill of leveraged profits but cannot accept the pain of chasing highs and selling lows. Entering the market cautiously is necessary; if there is no trend, frequent entries are just risky.

Playing contracts, the most important thing is mindset: Many investors today often have issues with their mindset. When the market goes against them, they don’t set stop-losses and worry about being caught, which is the worst flaw. Another problem is blindly following orders and frequently adding positions; eventually, the market makers will harvest all the longs and shorts in a roller coaster, leaving traders speechless and heartbroken.

In this bloody contract market, market fluctuations are unpredictable, but volatility exists whether you trade or not. Sometimes, we hear many complaints: about how the market is moving, how they are doing. I need to tell you that complaining about the market is pointless; blaming yourself for the past is also pointless. The market will still operate the next day. The only way to reduce complaints is to improve ourselves, which is the only capital we have to complain less.

High success rate in daily analysis and strategies can be observed; analysis and strategies are for reference only. Risks are to be borne by yourself. The articles are not always timely; please refer to real-time data!