That was around this time last year when a fan sent me a message. She owed over 300,000 at the time, and people around her gradually distanced themselves. She was about to break down. We talked for a long time, and then I designed a rolling position strategy for her. If strictly followed, it could be steady and reliable. The result? In less than six months, her debt was cleared, and she was back on her feet.

So today I want to share these experiences to light the way for those still groping in the dark.

**What exactly is contract trading?**

Many people treat contracts as a quick way to get rich, but in reality, it’s a game of probabilities. For retail traders, the benefits of contracts are leverage, low fees, and easy shorting. But this double-edged sword works both ways — profits are amplified, and so are losses.

My fan sister initially did what most beginners do — opening trades without a plan, making reckless moves when in a bad mood. It wasn’t until she learned how to control her position size that she gradually turned things around.

**Eight Iron Rules of Contract Trading**

**Rule 1: Stop-loss isn’t scary; what’s scary is not being able to stop**

Contracts are about risking small amounts for big gains; losing money is common. But when you see the word “stop-loss,” people usually react in two ways: one is to franticly open more trades to recover losses, the other is to stay calm and rethink. I recommend you choose the latter. If you keep hitting stop-losses, take a break, step away from the charts, and give yourself time to cool down.

**Rule 2: Don’t dream of a one-shot turnaround**

Trading isn’t gambling; don’t expect to change your life with a single all-in move. I’ve seen too many people rush in impatiently and wipe out their capital. Consistent, long-term profits rely on scientific position management.

**Rule 3: Keep your emotions in check**

The market goes up and down every day; nothing major happens. But many people can’t sit still when they see floating losses, and they close early when they see floating profits. This is classic emotional trading. Either follow your plan or don’t enter the market.