My personal views on taking profits:
As the saying goes, the one who can buy is the apprentice, the one who can sell is the master. I personally think that knowing how to buy is also very important. Without a good buying point, you cannot easily and calmly find selling points. Regarding selling point profit taking (strategy for getting the trend), I personally summarize the following methods:
1. Moving average profit taking: Many videos have also introduced it, such as the 5-day moving average, the 10-day moving average, the 20-day moving average, and the 30-day moving average. If it does not fall below the 30-day moving average, you can leave the market if it falls below the moving average.
2. Trend line profit taking: Everyone who trades should be able to draw a trend line and leave the market if it falls below the trend line, or if it breaks the trend line and reaches the M top, exit the market if it breaks the neck line.
3. Take profit based on volume and price: If there is a huge amount or high price, you can take profit.
4. Take profit at pressure level: If there is no positive line breakthrough at the previous high chip-intensive area price, you can take profit.
5. Emotional profit taking: When the market greed index reaches a certain climax, it is the time to leave the market.