Eight practical skills to be cautious of when investing in stocks

1. Learning to give up is definitely the right thing to do. After a stock has been on an upward trend for several days, it is only discovered and recommended by others. At this point, you should give up the idea of buying it. Because once the pullback starts, if you're lucky enough to adjust for a week or if you're unlucky enough to adjust for a month, your mind will be very confused. You won't be able to calmly judge whether to cut meat or keep the warehouse, and after a few attempts, you will collapse.
2. The trend of stocks has always been to quickly pull the flagpole and then sort the flag surface, with good luck leading to an upward triangle and bad luck leading to a downward triangle. It's certain that you will be trapped. But then the trend is exactly the opposite, sorting towards the end of the triangle, with the former often breaking downwards and the latter often breaking upwards. The reason is simple: deception. So if you don't intervene in the ambush before pulling the flagpole, your first thought after seeing the flagpole is to give up. Giving up at this moment is equivalent to escaping a disaster.
3. You should give up stocks that have received strong media attention. One is that public opinion cannot focus on stocks that are falling (unless they can be shorted), as they have no value for discussion. Secondly, public opinion will definitely focus on stocks that have risen well, which can attract attention. So individual investors lost their analysis of this stock in the midst of public opinion, and even some doubts suppressed it.
4. You have to give up on stocks that haven't bottomed out. Some stocks have a trend like 'a river of spring flowing eastward', and even if you intervene at the bottom of any prediction, it doesn't look like the bottom. I think the accuracy of monthly bottom line testing is very high. The 20 month moving average can serve as the boundary between bull and bear, and you have to give up any stocks that go below it. If some stocks have been listed for less than 20 months, you have to give up if you can't make up your mind. This is the importance of long-term stock selection that I have repeatedly emphasized, and it is also the key reason for people's losses in stock trading.
5. You need to give up stocks with scattered chips on the mobile chip distribution map. The dispersion of chips means that the main force is not attracting enough funds and will still fluctuate, making it easy for them to fall back. If you are lucky enough to participate in a sideways market at this time, or if you are unlucky enough to fall and get stuck, you will be trapped. Even if there is still an increase in the later stage, you have already suffered a mental breakdown and cut your flesh to escape.
6. You have to give up stocks with poor quantitative and technical indicators. Some stock charts seem to have potential, but the performance indicators are poor. At this time, you should believe in the performance indicators and not be deceived by the appearance of the stock price. If the stock price of fantasy rises without quantitative support, then you are a child who loves fairy tales.
7. You need to give up stocks that were heavily inflated in the early stages. Even if it falls back now, don't touch it. The value of 10 yuan on the left side of the mountain top is different from that on the right side, and the value of 10 yuan before and after shipment is different. Every time we receive goods on the right side of the mountaintop, it's a suicidal journey.
8. Do you think stocks without growth potential in the future should be abandoned. After your comprehensive judgment, this stock did not have high growth potential. Later, it began to rise, so you overturned your own ideas and caught up again. If it fell again, you would regret your impulse. So don't overthink your initial thoughtful consideration at any time.
You still have to give up a lot of things, just like the main force giving up 80% and only speculating on 20% of stocks, so if you combine the above points to choose stocks, I believe you will become a stock market winner.