How to prevent being trapped in stock trading: 8 tips and practical skills

Secondly, a stop loss point must be established. Any significant losses are due to the absence of a stop loss point when entering the market. And if a stop loss point is set, it must be executed truthfully. Especially when buying today and getting stuck, if you find something wrong, you should sell it. When cutting stocks, if you may not have the heart to sell them all at once, then use the technique of "fast knife, slow cutting". In short, those who make long-term investments must be stocks whose stock prices can go up for a long time. Once they fall for a long time, they must sell!

Fourth, reject the bearish candlestick. Whether it is the overall market or individual stocks, if they are found to have fallen below the widely recognized strong support and there is a trend of closing with a bearish candlestick on the day, they must be vigilant! Especially for stocks that were originally performing well, once a bearish candlestick appears, it may trigger panic among mid line holders and lead to a large sell-off. Sometimes, even if the main force does not want to sell goods, they are unable to support the stock price and will inevitably fall in the end. Sometimes, the main force will take the opportunity to sell goods themselves. So, regardless of the situation, once you see the bearish candlestick, you should consider shipping.

Sixth, do not buy problematic stocks. When buying stocks, you need to look at their fundamentals, especially several important indicators, to prevent sudden changes in fundamentals. In situations where the fundamentals are not well confirmed, intervene cautiously and remain vigilant at all times. The scariest thing is to be careless after buying problematic stocks, as sudden negative factors can permanently trap you.

Eighth, do not be a sacrificial lamb to the banker. Sometimes there may be news from the banker or from the banker's periphery that you can trust before buying, but never trust when it comes to selling. Shipping is your own business and very selfish. No market maker will tell you that you are shipping, so shipping should be decided based on the market situation, not on information.