Key Insights to Watch for in Contracts at Ten O'clock

1. Never go all in.
Manage your positions reasonably and do not invest all your funds at once. The market is unpredictable; only with controllable risks can profits be maximized.

2. Mainstream coins are more reliable.
Mainstream coins like Bitcoin and Ethereum, although they don't have the exciting volatility of small coins, have the advantage of being stable and low-risk. For newcomers, steady growth is more practical than the thrilling ups and downs. What we are doing is investing, not gambling.

3. Timely release of the book
If profits double, first reduce the position's principal (for example, reduce by 50-60%). The remaining part will be the net profit. Even if the market rebounds and hits the stop-loss, you can still exit with a profit. Once the principal is secured, subsequent operations can be bolder.
If you encounter a significant rise or pullback in a one-sided market, withdraw your principal and take profits at your own pace, but remember, do not be too greedy.
If the market does not change significantly as expected, for example, during the late stage with low trading volume, the market usually moves slowly. You can manually adjust the stop-loss continuously to control risk and protect profits.

4. Avoid Common Pitfalls
After making a profit, one is reluctant to reduce positions and does not adjust the stop-loss price to protect the profits gained; after incurring a loss, one becomes impatient and anxious, immediately re-entering the market regardless of the market conditions. Be extremely wary, do not let emotions lead you by the nose.

5. Enough patience
Wait for the right opportunity, and when the chance comes, enter decisively while setting up take-profit and stop-loss. (Take-profit means controlling your greed, and stop-loss means managing risk.)

6. Don't be afraid to start over.
Learn from the lessons of failure and wait for the opportunity to start again. Don't complain about slow returns or small profits; little by little, we will accumulate. We need to focus on long-term gains, not on getting rich quickly from a single deal.

7. Treat missed market opportunities as experience
Don't feel regret for missing out on market opportunities. When you feel regret, you will only make poor judgments in your next trades. Even if you miss an opportunity, at least you gain experience from observing the market.

8. Take profit and stop loss, both are essential.
Entering the market must bring a good take-profit and stop-loss, without a stop-loss rather than not entering the market, without a stop-loss transaction, just like driving without a seat belt, there can be no fluke psychology, according to technical indicators and fundamentals to set a strict stop-loss point. For example, if it falls below the expected support or resistance level, it will leave the market decisively. At the same time, when the expected income is reached, it is also necessary to take profit in time, and must not be greedy. If you do not set a stop loss, the market exceeds the recommended stop loss level, you should close the position immediately after finding it, and resolutely do not look forward to closing the position after the rebound or want to increase the position to close the loss, almost all the people who carry the order will suffer huge losses. (You can carry the order 10 times, but as long as you can't carry it once, all the previous efforts will be zero).

9. Go with the flow
Do not go against the trend; counter-trend operations will only lead to total loss. For example, enter the market when breaking through key resistance levels and exit when the trend reverses. It is essential to eliminate any luck-driven mentality.

10. Learning and Review Continuous Improvement
Investment is not gambling; it can be summed up through continuous learning and practice.
Analyzing the reasons for success and failure, and reasonably controlling one's mindset, is the key to achieving proficiency.
Technology lies in precision rather than quantity. Chewing on too much won't yield results. Mastering a few methods of market observation and continuously improving them is sufficient to handle various market situations.

Summary: The biggest trading strategy is the risk management strategy! It's not about who makes money faster or more; the real winner is the one who can achieve low drawdowns over the long term and steadily compound their gains!

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