Many people ask about the secret to turning 10,000 into 1,000,000 through contract trading. Frankly, this journey is all about accumulated experience from pitfalls. I’ve summarized 9 core points, hoping to help you avoid detours.

**Capital Size Determines Strategy Frequency**
If your starting capital is small—say within 100,000—then the key is not frequent trading, but capturing one or two decent fluctuations each day. Greed is often a fatal flaw for small accounts. Don’t be overly anxious about holdings; sell when it’s appropriate.

**Be Cautious of the Other Side of Good News**
When major positive news hits the market, never be overly optimistic and sell all at once. The rule of thumb is: if the market opens high the next day, it’s time to exit decisively. The moment good news is realized, it often signals the beginning of a downturn.

**Event-Driven Trading Rhythm**
Before and after holidays or major events, market volatility tends to be aggressive. Reducing or clearing positions in advance is wise. When you’re unsure of the direction, it’s better to stay out of the market and wait for clearer signals, riding the trend is always the safest choice.

**Medium to Long-Term Must Be Light on Positions**
For swing and trend trading, keeping positions light is the baseline. Leave enough room for operations to survive market fluctuations. Going all-in once could mean losing everything.

**Short-Term Trading Focuses on Fast Entry and Exit**
Short-term trading relies on following momentum and quick reactions. Once you enter, take profits and exit swiftly. Greed only leads to getting hit back. When the market is dull and lacks vitality, staying out and waiting for clearer signals is the smartest move.

**Volatility Magnitude Determines the Speed of Pullbacks**
Slow rising markets tend to have sluggish rebounds; sharp surges often lead to fierce pullbacks. Rhythm and timing are crucial.

**Stop Loss Is Invisible Profit**
If you’re wrong, don’t hesitate—cut losses promptly. Stop loss may seem like a loss, but it’s actually protecting your principal—long-term survival in the crypto world depends on preserving your capital.

**Practical Use of Technical Indicators**
For 15-minute short-term trades, keep a close eye on candlestick charts. The KDJ indicator can help you pinpoint entry points more accurately.

**Mindset Determines Success or Failure**
No matter how many technical skills you have, ultimately, mindset is key. The big swings in the crypto market can break your psychological defenses in an instant. Maintaining a rational attitude and staying calm are more important than anything else.