7. Control your position.Don't rely too much on any stock. Investment decisions should be based on objective market analysis, not personal preferences.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!
When the market fluctuates, avoid making impulsive trading decisions because of panic or greed, keep calm and follow the established investment strategy.Don't believe the gossip and gossip in the market, stick to your own research and analysis, and make decisions based on facts and data.Don't have unrealistic expectations about the market, understand the uncertainty of the market and make a good risk assessment.
Set a reasonable profit target and stop loss point, stop profit in time after reaching the target, and don't greedy for maximizing profit.Don't go in and out of the warehouse because of temporary market fluctuations, rationally allocate positions, diversify investments and reduce risks.