I have summarized several experiences based on my personal experience and learning, and would like to share them with everyone:

1. Don't chase high when the market is not doing well.

Because when the market makes adjustments, there must be some bad situations that need to be adjusted, even these previously strong stocks will encounter pressure for adjustment. If we catch up at this time, we may not necessarily make money, but rather be trapped in these adjustments. Even if these stocks do not fall sharply, they often need to consolidate for a period of time, wasting this time for no reason and missing out on other opportunities to make money.

Don't go against the market when trading stocks. Keep the green mountains and don't worry about running out of firewood. Operating against the trend is like a mantis blocking a cart.

2. Don't chase after stocks with a single board.

A single board indicates that the main force does not want to give you the opportunity to enter at a low price. When the board is opened, the stock price is often at a high level, and many times it will directly jump short and open high before selling. The space for short-term trading is very small, and the risk is greater than the opportunity.

3. Do not buy stocks that rise slightly after falling from a high position.

When a stock undergoes some adjustment and then rises slightly again, and there is uncertainty about whether it will rise, we should not chase after it at this time. At this time, the risk of entering is still high. If we want to continue adjusting or when the market is not doing well, we often have to continue to decline.

4. Don't chase high stocks that are trading sideways at high levels.

Stocks that are trading sideways at high levels are usually selling or consolidating. If you are trading in the short term, the returns are not significant and the risks are not small. There is no need to take risks.

Stocks generally continue to hit the limit down, indicating the presence of negative news, and a large number of trapped stocks will accumulate after the continuous limit down. In order to encourage anxious retail investors to leave, spread costs, and attract new retail investors to join, the main force intentionally sets a red line after the continuous decline. However, it is highly likely that the stock price will continue to fall, and some new retail investors will continue to be trapped, killing more retail investors and seeking a lower equilibrium price.

We usually don't chase after these stocks because they are risky and not worth it.

6. Don't chase high for small orders with no trading volume during the trading session.

This situation generally belongs to the category of small-scale temptation to buy more, and it is highly likely that most of them will pull up and then retreat.

7. Don't chase after stocks that have risen too much.