Position control is a perennial topic, and anyone who has been struggling in this stock market for several years has learned some valuable lessons. However, most people who have been struggling in the stock market for many years know the importance of position control, which is comparable to risk control. A true expert doesn't predict the market, he just understands when to go deep and when to go short. Regarding the methods of position control, many people have their own set, and I am just communicating and exchanging ideas with everyone. 　　Now it's a bear market, let's talk about how to control positions in a bear market. In a bear market, what do most people die on? Recharge the warehouse! 5178 points fell to 4100 points, compensated, and then fell to 3500 points, compensated, and kept trying to compensate. In the end, it was discovered that the money had been compensated, but the losses were still significant. Previously, the losses were 50%, but after compensating, the losses were still 35%. And our funds are not endless, what should we do now? Hang on, wait, wait for the next bull market to come, get out of the trap. I am happy to be released, and I hope it will rise to 8000 points. Once it's over, I will lose again, make up for it, and bear it to the death. This cycle repeats itself. If the money is idle, it won't be too uncomfortable psychologically, but if it's not, it will be anxious. 　　So, in a bear market, retail investors die by replenishing their positions. Simply put, bear markets are not easy to replenish positions. 　　Since we don't replenish our positions, how should we play in a bear market? The question should be, how much space should be used to play? Most people can't control their itching and always like to buy, buy, buy. The money in the account doesn't need to be used up, and I feel unhappy and have an impulse to spend it all. This approach is actually not conducive to the formation of the trading system. In fact, during bear markets, some people do not play because they feel they cannot judge the market. However, there are many people who are itching to do so. Therefore, they should control themselves and play with only 20-30% of their positions during bear markets. Just practice your hands. Personally, I only play with about 20-30% of my holdings, and if there are no excellent buying points, it's less than 50% of my holdings. Someone will say, you sound good, what should we do if we lose 20% or 30%? Losing money, there should be a stop loss level. Don't add to the warehouse, only play with these 20-30% of the warehouse, resolutely do it. There is a definite chance, increase to 50%, this is the limit. 　　The stop loss discipline of Hong Kong stock market gods is that the minimum loss cannot be 20%, and 80% should be kept. He believes that if 80% is not kept, there will be no play in the future.He gained the opportunity to make a comeback in the future by resolutely stopping losses. He believes that even if he sells wrong at the 20% stop loss level, he should still sell, as the saying goes, keeping the green mountains alive means not worrying about running out of firewood. Resolutely cut losses, without worrying about gains or losses. He is a typical example of becoming a millionaire through stock trading. There are many stock investors who cannot accept the possible losses they may face in stock trading. They are happy when they make money, but they will carry on when they lose money. They do not have their own system, and they sell indiscriminately or without any logic. They can make money once or twice, but not multiple times. Some people have also said that I often cut losses, but still lose. The problem is that after cutting losses, I buy another stock and continue to lose, because the system has not been established or the technology is not mature. Looking back, only a bull market can fill positions. A bear market relies on discipline, technology, waiting, and rationality. Only in a bull market can one test their stock ownership, relying on courage and passion. Transform between reason and passion, wander between greed and fear, and experience life in the bull and bear market. This is the ultimate goal of position control, which actually stems from psychological control. Next, let's talk about the most commonly used position control by everyone. 　　1、 Clarify one's own positioning The trend of any stock is only a probabilistic judgment, and heavy or single positions cannot control small probability events at all, because under the T1 operating system, you cannot make corrections to incorrect judgments in a timely manner. When you buy heavy or single positions, you have to bear at least the remaining trading time of the day and a series of risks during the opening period of the next day. This is also the reason why most ultra short experts choose to trade in the last 15 minutes of the trading day. This proactive action to reduce the risk on the timeline is also a risk control measure. For many people, splitting and light trading may significantly reduce their returns on a particular ticket. At this point, people will hate someone like me who keeps talking and asking everyone to buy less on a single ticket. However, what people overlook at this point is that splitting can also greatly reduce investment risks. This is also a big question that Xiaosan faces: which is more important, earning more or losing less? I think investment is a game of time compounding. Only by living can one have the capital to talk about time, and only with capital can one have the qualification to talk about profits. I also don't like a quick and volatile return curve. So to do a good job in warehouse control, first you need to clarify your positioning: If you are a novice in the stock market and want to have a basic understanding and learn about the investment method of stocks. Suggestion: It is necessary to learn from the market in various aspects such as trend judgment, individual stock selection, risk control, and precise operation by actively trial and error with low capital. The establishment of a personal operating system is usually recommended to continuously correct mistakes until finding an investment path that suits one's logical thinking and investment mentality. So my only suggestion is to prioritize learning risk management and strive to become a qualified investor. 2. If you have been familiar with the stock market for a long time, but still have a lot of time to work in your daily life and do not have much time to monitor the market and operate frequently, I suggest operating one or two high-performance long-term stocks. Before the bull trend is confirmed, gradually building a position of 60% is already the highest level of position. You can seize the big wave during your spare time. Once the bull trend is confirmed, you can increase your position to 80%, but be sure to pay attention to controlling take profit and stop loss. Regarding building a position, it is not the case of buying 6 at once to achieve success. A pyramid or olive shaped position building model can be adopted based on the trend of the market. 　　2、 Distinguish the trend of the overall environment The trend of the overall environment has a significant impact on individual stocks, and only a small number of individual stocks can be independent of the overall environment. Therefore, it is important to distinguish the trend of the overall environment. We roughly divide the trend of the overall environment into three situations: strong, volatile, and weak. 1. When the market is strong and clearly in a strong state, the pyramid shaped warehouse building model is more reasonable and can ensure a significant profit. After reaching the expected profit, a 1-2 or 2-3 gradual exit method will be adopted to lock in profits. 2. In volatile market conditions, the olive shaped position building model is usually adopted. First, the bottom position is taken, and after the individual stock breaks through the pattern, the position investment is increased. This position building model is conducive to avoiding short-term risks. There are roughly two profit taking models for this position building. If the large market is still in a volatile market after reaching the profit target, the company will gradually reduce its position and leave. If the overall market trend improves, the company will also exit in a 1-2 or 2-3 manner. 3. In weak market conditions, it is advisable to adopt a wait-and-see approach, maintaining a 20-30% observation position on the middle line, while also maintaining a 10% short-term trading position to maintain market sentiment and wait for the market to warm up. Short term operations are actually just a small requirement, fast in and out, never obsessed with fighting, do not fall too deeply in love with the short term, and if the expected time does not meet expectations or falls to the stop loss level, resolutely leave to preserve strength. 　　3、 Position allocation for short, medium, and long term Most retail investors do not have the concept of position allocation and prefer to enter the market in one go. The full position time is relatively long, and they are more passive when risks arise. Therefore, I believe it is necessary to plan the position allocation for the short, medium, and long term. Firstly, most retail investors do not have a large amount of funds, so it is important to plan your position allocation reasonably. It is recommended to allocate 50-60% of your position to the medium to long term, which is the foundation of your profitability. Through in-depth research on individual stocks, you can better grasp the fluctuations of these 1-2 stocks, and be able to eat most of the profits when they rise. When they fall, you can timely reduce your position and minimize drawdown. Secondly, prepare 20-30% of the wave funds, which can be added in a timely manner when the market is good or the stock is strong, or used as a 1-2, 2-3 cash in profit method when the profit expectation is reached. Most of the time, these funds are in a resting stage and can be used as "war food". At the same time, there is still 10-20% of funds left for short-term fund allocation. Actively attack in strong or oversold rebound markets, fast in and out, never be obsessed with battle, bring additional profit opportunities to the account, and maintain one's own market sentiment. Finally, when trading stocks, one should be rational and have a good mentality, rather than blindly listening to news, chasing gains and losses, always thinking that others' stocks are good, and not being greedy. Success is equal to small losses, plus large and small profits, accumulated multiple times.