As the saying goes, 'Those who can buy are disciples, and those who can sell are masters.'. Indeed, being able to sell is a crucial trading ability.

There are many successful experts in the stock trading market, and their legends and trading skills are also passed down.

Many ordinary traders are looking for the answer to the best selling time. There is nothing new on Wall Street, and we can learn from successful people's selling methods.

Buffett, Soros, and other successful investors operate according to pre-set selling conditions, including:

When holding stocks no longer meets the criteria for excellent stocks, choose to sell the stocks. Value investors choose to sell stocks when the fundamentals of the stocks they hold have clearly deteriorated and no longer meet the definition of excellent stocks in trading logic. Buffett is best at this type of trading.

When expecting specific positive news to be realized, choose to sell stocks.

Some stocks are bought based on the expectation of specific positive news. This kind of positive news will not be repeated, so choose to sell stocks when realizing the positive news. Soros is quite skilled in this type of operation.

When the stock price has risen to the expected return target, choose to sell the stock. Some buy stocks with a safety margin as a buying condition, and when the single price returns to rise above the intrinsic value after buying at a price far below the intrinsic value, they choose to sell the stock. This is the style of Benjamin Graham Law.

4. Sell signals obtained through technical analysis. This method is mainly adopted by trend traders. Their decision to sell was due to the signal of certain specific technical indicators showing a sell signal. The famous one is the Turtle Trading Rule.

5. Mechanical laws.

For example, setting a stop loss point that is 10% lower than the purchase price or using a trailing stop loss point (which increases correspondingly when the price rises, but remains unchanged when the price falls) to lock in profits. Mechanical principles are most commonly adopted by successful investors or traders who follow actuarial methods, as they stem from investors' risk control and fund management strategies.

When realizing that one's buying conditions were wrong, choose to sell stocks.

No one can completely avoid making mistakes, but when they find that the buying conditions are wrong after buying stocks, they choose to sell them.

These selling operations have one thing in common: they are all emotionless.

The correct selling operation includes profitable trading and loss making trading. Trading experts are not concerned with how much they will earn or lose in a single transaction. He just follows the trading logic and operates according to the plan, and selling is also part of the logic.

If you want to make more profits and reduce losses, a skilled trader must first strengthen and optimize their trading logic, and then make planned trades based on the logic, refusing any trial and error trades. The key to success for all trading experts is to intercept erroneous losses and allow correct profits to grow.

Due to the decrease in account funds, traders feel a heartache of transitioning from expected profits to actual losses. If traders do not prepare a contingency plan in advance to reverse their profit expectations, this heartache is strengthened and amplified, making it difficult for ordinary traders to accept losses calmly.

Without a proper trading logic, ordinary traders cannot determine when to sell a losing stock and how long to hold a profitable stock. Not tracking the matching changes between trading logic and shareholding, but closely monitoring the rise and fall of stock prices, results in every increase or decrease in funds in the account tightly hitting his heartstrings. When the stock price rises with little profit, one begins to worry that these profits will turn into bubbles. To relieve stress, sell off. After all, Buffett said that "keeping the principal" is the first rule of survival.

When facing losses, tell yourself that it's just a paper loss, as long as you don't cut the flesh, it's a "temporary" adjustment, and the price will quickly rebound.

If the losses continue to increase, I hope in my heart that as long as the price rebounds to the buying price, I will choose to sell.

When the price continues to fall, the fear of sustained decline will eventually replace the expectation of price rebound, and eventually sell everything around the lowest price, forcing one to accept huge losses.

Not following the trading logic to observe whether the profit and loss caused by the rise and fall of stock prices have changed the cost-effectiveness, and then deciding whether to sell and stop losses; But rather, personal subjective emotions dominate the entire transaction process. In the process of continuous price decline, constantly searching for new excuses, telling oneself that the stock may be a good stock, persuading oneself to persevere, and accepting greater losses with ignorance.

A trader should establish their own trading logic like those experts, standardize their operating habits and improve their trading abilities, persist in making trades that they understand, in order to reduce the negative effects of greed and fear, and grow into a successful trader who can make stable profits.