Someone said: "It is the apprentice who can open the position, and the master who can close the position." ”
It can be seen that closing a position is more difficult than opening a position, and it is more likely to be affected by your own feelings. After opening a position, investors do not want to close the loss, and those who earn want to earn more are not willing to close the position. This usually doesn't lead to any good results.
Harvest the fruit in time
Victory, victory, are two words, to be spoken separately, to win, and then reap the benefits. can be called "victory"! If you win the battle, but there is no gain, it cannot be called "victory", it can only be called "enjoyment".
The husband defeats the attacker, but does not practice his merits, and the fate is fei liu.
Those who have won a battle and captured the land and cities, but cannot consolidate the results of the battle, will be very dangerous, and this situation is called "Fei Liu".
A historical example is clear.
As the boss of Sun Tzu, King Wu took Sun Wu and Wu Zixu as his generals and poured 30,000 water and land divisions across the country to launch a large-scale attack on the State of Chu.
In the battle against Chu, under the command of Sun Wu and in accordance with the guidance of Sun Tzu's Art of War, the Wu army attacked from the huaishui valley west to Hanshui with the tactics of flexible mobility, using troops by the enemy, detouring to attack, retreating and exhausting the enemy, seeking opportunities for decisive battles, and pursuing far-reaching pursuits, and defeated the 200,000 main troops of the Chu army in the Battle of Baiju, and then conquered the Chu capital Yingcheng, forcing King Chu Zhao to flee with his sister. The State of Chu was almost destroyed.
And then what? Wu Zixu exhumed the corpse in order to avenge the grave, King Wu coveted the prosperity of the capital of the Chu state, and occupied the wife and concubine palace daughter of the King of Chu and did not want to return to China, his brother-in-law returned to China to establish himself as the King of Wu, And Lu hurriedly returned to the country to suppress the rebellion, Chu Chen Shen Baoxu entered the Qin beggar division to restore the country, the Yue Kingdom took the opportunity to attack, and the Wu king Lu Lu finally died at the hands of the Yue State.
A big win, but nothing! Instead, the losses were heavy!
Wu Zixu exhumed the grave and whipped the corpse for revenge
This is that greed is too much, and it is not possible to use the victory in time to reap the benefits.
This is the importance of take profit: the importance of take profit is ignored by many people, but it is almost as important as the so-called stop loss.
When to sell, take profit, is also one of the most core issues in the operation, second only to the importance of buying.
Investment guru Ernell invested for more than ten years to find that he would not sell, found good stocks, won the war, but did not make money!
According to the level of operation, determine the profit target, and sell at the right time to cash in profits, in order to benefit from the transaction.
Deal with the mindset of trading.
It is often said that trading is a three-point technique and a seven-point mentality.
And the mentality is often constantly full of joy and sorrow with a variety of different news. It is difficult to maintain calm emotions, but in trading, you must not trade because of emotions.
Because: Anger can be restored, sorrow can be restored; the fallen country cannot be restored, and the dead cannot be resurrected.
Your emotions are fickle, you are angry today, you are happy tomorrow, you are depressed today, you are happy tomorrow. However, those who die cannot live again, and the money they have lost cannot be returned.
You are angry today, you have traded, you have lost, tomorrow you are happy, and your mood will change back, but the money will not come back by itself. So trading must never be based on your own emotions. Otherwise, it is bound to suffer a big loss.
Therefore, Sun Tzu repeatedly stressed:
If it is not profitable, it must not be used, and it is not dangerous or warless. The Lord must not rise up in anger, nor will he be able to fight in sorrow; he will not move in accordance with profit, and he will not stop in accordance with profit. Therefore, the Ming Emperor is cautious, and the good general is vigilant, and this is also the way of the whole army of the country.
The meaning is very clear, as a general, you must not send troops because of temporary resentment and irritation. As a trader is the same, when faced with the price movement on the disk, the trader is equivalent to a combat commander, the soldier is the account money, and its survival is between the trader's thoughts. Sometimes because of a momentary impulse, to a contrarian trend or heavy position, may be a few minutes or even a few seconds later, the account will be very seriously damaged, encounter extreme market, may be burst. This is the same as the general leading 100,000 troops to the battlefield, and the result is that the whole army is destroyed.
Don't retaliate against the market because of a little punishment from the market, want to go against the trend, want to re-position, and so on. You can't make a bad decision on a whim. In the case of anger, the IQ is also infinitely close to zero, and the decision made at this time is most likely wrong.
No matter how much resentment there is in your heart, or how angry you are at being ravaged by the market, these are all things that can pass, go out for a spin, sleep, and the next day nothing will happen. All the troubles, all the things that don't count, can become the past over time. But people's mood can change, in a happy mood to analyze the disk, to trade, the correct rate is naturally high.
Move in line with the benefit, stop at the benefit. All trading is for profit, for making money, and not for emotion. Be careful about this!
original
Sun Tzu said: There are five fire attacks: one is the fire man, the second is the fire accumulation, the third is the fire, the fourth is the fire storehouse, and the fifth is the fire team. There must be a cause for the fire, and there must be a plain fire. Sometimes, there are days when fires are started. The time is dry, the sky is dry, the sun, the moon is in the mi, the wall, the wing, the wing, the sun is also. Where these four dwellers, the day of the wind rises.
Whoever attacks with fire will respond to the change of the five fires. If the fire is on the inside, it should be on the outside. Those who fire and soldiers are quiet, wait and do not attack, extremely firepower, can be from it, can not be stopped. Fire can be sent outside, not inside, and it can be sent out at the same time. Fire upwind, no attack downwind. The day wind is long, and the night wind stops. Every army will know that there are five fires, and keep it by numbers.
Therefore, fire is used to support the attacker, and water is strong to attack. Water can be exterminated, not taken. The husband defeats the attacker, but does not practice his merits, and the fate is fei liu. Therefore, it is said that the Lord is worried about it, and the good will be repaired. If it is not profitable, it must not be used, and it is not dangerous or warless. The Lord must not rise up in anger, nor will he be able to fight in sorrow; he will not move in accordance with profit, and he will not stop in accordance with profit. Anger can be restored, sorrow can be restored; the fallen country cannot be restored, and the dead cannot be resurrected. Therefore, the Ming Emperor is cautious, and the good general is vigilant, and this is also the way of the whole army of the country.
Fire Attack is over!
I wish you all the best of luck in the Year of the Tiger and a lot of money in the stock market!