6. Control your greed13. Control your own funds.If you sell a stock when it is soaring, then it continues to rise, even if it is about to stop trading, never buy it back. Otherwise, you have a high probability to stand guard!
Set a reasonable profit target and stop loss point, stop profit in time after reaching the target, and don't greedy for maximizing profit.Set a reasonable profit target and stop loss point, stop profit in time after reaching the target, and don't greedy for maximizing profit.Avoid day trading, reduce transaction costs, and wait patiently for the right trading opportunity.
It is the key to long-term profit to formulate clear trading rules and disciplines and strictly abide by them.When the market fluctuates, avoid making impulsive trading decisions because of panic or greed, keep calm and follow the established investment strategy.Choose reliable information sources and analysis tools to avoid information overload and focus on key market information.