Honestly, many people’s understanding of contract trading only stays on the surface. If you keep losing money in this area, take a look at this summary; it might help you turn the situation around.

This is a trader with many years of practical experience sharing their insights, worth pondering:

**Learn to take profits and cut losses**. Market conditions change rapidly; timely profit-taking is about controlling greed, and timely stop-losses mean giving up the money already invested. Opportunities in the crypto space are plentiful, but if your principal is wiped out, the game is over. Every trade should have a reasonable risk buffer.

**Frequent trading is a big taboo**. The more actively you trade, the more trading fees eat into your profits, and high leverage can cause you to lose 1-2 points on each trade immediately. Instead of chasing the number of trades, ensure each trade can be profitable.

**If you don’t understand, stay in cash**. When the market is unpredictable, the wisest choice is often to do nothing. Holding cash sometimes requires more mental resilience than holding a full position.

**Small steps lead to big gains; don’t expect overnight riches**. Investment is fundamentally about long-term accumulation. By managing position sizes and using reasonable leverage, you can gradually increase your returns.

**Never go all-in**. High leverage carries terrifying risks; if the market moves against you, your principal could be gone in a flash. Stay calm and don’t let short-term impulses dictate your decisions.

**The hardest part is aligning knowledge with action**. Talking about theory and actual trading differ greatly; even experienced traders sometimes fail to execute their plans perfectly.

I also started as a beginner—initially, I knew nothing, opened trades randomly, and made many mistakes. Over time, I gradually understood the rules and opportunities in the crypto space. I hope this summary helps you avoid some detours.