Recently, I took a tumble on the event contract, with an initial capital of 901u. At noon, I sold 140u according to the plan. Watching the market move in the wrong direction, I almost got wiped out by a sudden surge. After the funds in my account increased, my psychological defenses unexpectedly became fragile. To avoid repeating the same mistake, I set a rule for myself—over the next week, only a maximum of 20u per trade, and only consider increasing positions once I truly control my inner demons.

What’s even more painful is the perpetual contract, which alone has lost over 60u. The total paper loss has approached 1200u. This lesson made me realize clearly: perpetual contracts seem flexible, but for an inexperienced trader like me, the volatility is too high and the psychological pressure is enormous. It’s better to focus on event contracts, where I can manage risks in a planned way.

Trading is just a battle against one’s own greed. This time, I’ve decided—temporarily give up perpetual contracts and focus on studying event contracts. Take it slow, don’t rush.