cis: Stocks are not a game of probability, so it is best to take it for granted that "win and lose cannot be conserved."
Stocks that continue to rise continue to rise, and stocks that continue to fall continue to fall.
Don't make casual assumptions, just hold it during the rising period.
Never buy when there is a sudden drop.
Buy up, not down. If you buy a stock, sell it if it falls. Operate with the trend. Buy on dips or when prices are underestimated. This idea itself is wrong. Don't think it's too late. If it's still rising, it means it will continue to rise. You should listen to the market for market information.
You won't make much money if you are busy with the "locking profit" in front of you.
Covering a position is the worst technique, and sometimes it can be fatal.
The worst part is not being able to admit your failure. To cover a position is to increase the bet even though you have clearly failed. This approach itself is very contradictory.
What should be done at this time is to admit failure and clear the position quickly. That is, stop loss.
The important thing is not not to make a loss, but not to make a big loss.
Novice stock traders just can't stop losses in time, so they will fall a lot.
Opportunities arise when others are fearful.
Opportunities to make big profits come when people's emotions are shaken.
In the stock market, the first loach is particularly delicious, the second is just fine, and the third is dispensable.