Contract trading has its tricks and pitfalls. Here are some trading insights I want to share.

First is patience. Don’t be fooled by the calm market, opportunities always come in waiting. Many people's problem is being too quick, wanting to buy the dip or sell at the top at the first sign of volatility. The result? Getting trapped. You should observe more and trade less, waiting for real signals before entering decisively. Days of holding no position are tough, but this is part of the discipline.

Second, avoid greed and impatience. Greed and impatience are the biggest enemies in trading. Imagining buying at the lowest and selling at the highest will ruin you. Blindly chasing rallies and selling dips will only lead to repeated losses. What is the secret of the experts? It’s knowing how to be patient, trading according to plan, and not being driven by emotions.

The third point is crucial: investing is not gambling. Don’t rely on intuition saying "it’s about to rise" or "it should fall soon." The market is always right; your job is to follow the trend. If the trend looks wrong, exit immediately. Cut losses when needed, don’t hope to turn the situation around. Maintaining this mindset—believing profits are normal and losses are exceptions—will help you survive longer.

Finally, stop-loss and take-profit are essential. A qualified trader must have the guts to cut losses; otherwise, a crash is inevitable. When losses occur, reflect on why you placed the order at that point, what the reasons were, and what you could have done better. Only then can you grow. On the other hand, when you see a good opportunity, dare to hold a heavy position, set proper stop-loss and take-profit levels, and execute without hesitation. Remember: those who can buy are apprentices; those who can sell are masters.

Whether making profit or loss, the ultimate goal is to do one thing: minimize losses and maximize gains. This is the unchanging rule of the market.