I also enjoyed frequent trading in the first two years of my stock trading career. At most, they trade almost every day, but the results are not good. During a bull market, the profits were clearly not as high as holding due to the large amount of transaction fees. During a bear market, due to frequent stock swaps and multiple instances of buying up losses, the losses are even greater than just holding on indefinitely. I have a friend who entered the market at 5000 o'clock last time and frequently traded, so he frequently cut meat and successfully traded 100000 yuan to 20000 yuan! He lost 80%, while in reality, many investors who held the shares were trapped and only lost about half.

In fact, in order to change the habit of frequent trading in stock trading, the first step is to truly understand the harm of frequent trading.

Just like how children like to touch cacti, after being pricked multiple times, they will truly develop a memory and never touch cacti again. The reason why many investors cannot change their habit of frequent trading is because they believe they are just unlucky for a while. When they have been unable to make money due to frequent trading for a year, two years, eight years, or ten years, they will truly reflect on whether they are suitable for frequent trading. After two consecutive years of frequent trading, I reflected on my lessons and gradually began to change - from trading every two days to trading once a week, and finally to trading every one to two months or even half a year as I do now.

Secondly, we need to strengthen our own control

When seeing dozens or even hundreds of limit up stocks appearing on the market every day, the vast majority of people cannot control their desire to watch or even trade every day. Because it's not just a limit up, it's a temptation of money!

When you realize through lessons that many daily limit ups are traps behind them, is it still possible to lose control of your hands and eyes? What should you do? This requires consciously strengthening one's control. Some investors have told me that I understand all the reasons, but I can't control my hands and always want to trade. What should I do?

This is a psychological issue. But I am not a psychologist, and I am not proficient in issues such as how to quit drinking. I can only talk about how I did it myself at that time:

I really enjoyed watching the market at that time and often saw the closing in the morning. Then it's easy to make impulsive trades. After realizing that the main reason for my frequent trading was due to excessive viewing time, I consciously chose to watch less or not at all. In order to quit my addiction to watching stocks, I chose to play online games. When you get excited about playing online games, you can skip watching for hours or even days. Later, it was discovered that watching stocks less did not affect stock trading returns, and often resulted in greater gains! Later, sports activities such as swimming were used to replace excessive viewing time, which not only strengthened the body but also enhanced one's control.

Finally, we need to establish our own trading system

After breaking old trading habits, it is necessary to immediately establish new trading habits or trading systems. This is the only way to firmly break free from bad trading habits in the past. As I gradually established a trading system that suits my personality, I naturally stopped being tempted by the red and green of the market. Because I know those are not the money I can earn. I only earn money that suits my own style of play, and earning money according to my own trading system is the most reassuring. Going to chase the rise and kill the fall every day to play excitement is definitely not the right path.

Specifically, one should have their own set of buying and holding standards. When a suitable buying standard appears, they should boldly buy. When there is no selling signal, they should not sell even if the price rises or fluctuates greatly. For example, during the last market trend, just a few days after buying Dongfang Wealth, it plummeted by 10%. At that time, my heart was also shaken and I was considering whether to sell. When the mind returns to its trading system principles, it becomes clear that the present is what should be held. So I went out to play for a few days, and soon the wealth of the East more than doubled.