I can roll from a few thousand U to a larger scale, relying not on luck, but on a set of contract rules that prioritize survival first, then offense.
There is nothing wrong with the contract itself.
If used well, it is an ATM; if used poorly, it becomes a money-devouring beast.
My previous operating method was not conservative, splitting small funds, with very light positions, combined with relatively high leverage.
If the direction is right, let the profits amplify;
If the direction is wrong, stop-loss immediately, no dragging.
But there is only one premise for all of this.
The rules must be strictly enforced, with no exceptions.
First, if the direction is wrong, leave immediately.
Stop-loss triggers, just go; waiting for a rebound often only delays the outcome.
Admitting losses is always more controllable than blowing up the account.
Second, after consecutive mistakes, take a forced break.
When the market is chaotic, the more frequent the trading, the faster the consumption.
If several consecutive trades go wrong, stop immediately and let the market give clear signals again.
Third, when in profit, it must be realized.
The floating profit in the account is not real income.
Every time a target is achieved, take a portion out; what remains is less likely to get out of control.
Fourth, only participate in trending markets.
In a trend, leverage is an amplifier;
In choppy markets, leverage will only accelerate losses.
Without direction, I would rather not trade.
Fifth, always maintain restraint in position size.
Only use a small portion of the principal for a single trade.
Being able to withstand losses keeps the mindset stable, and execution will not distort.
Many people see contracts as a shortcut to turning around.
But reality is more like a selection process.
Those who do not follow the rules will be continuously eliminated;
Those who can stay long-term rely on discipline.
Don't wait until the market clears you out to reflect.
Place the rules before your operations,
only then can you have a chance to go further in this field.
I am Uncle Nan, using the pitfalls I have experienced to help you avoid detours.
$BEAT
