Often, when not holding stocks, they are very clear headed, but when holding stocks, they repeatedly deny the sell signals they see and affirm that their holdings are correct. The term in financial psychology is called "overconfidence" or "selective belief". Grasp the following points when selling stocks, selling stocks is not too difficult!

Firstly, come prepared. At any time, before buying stocks, it is important to calculate the reasons for buying and the target for selling. Never blindly go in and buy, then blindly wait for the price to rise, and then blindly get trapped.

Secondly, establish a stop loss point. Any significant losses are due to the absence of a stop loss point when entering the market. And once a stop loss point is set, it must be executed. Especially when buying today and getting stuck, if you find something wrong, you should sell it. When liquidating a position, one may not have the heart to sell all at once, so they can only cut quickly and slowly.

Thirdly, we are not afraid of a decline and are afraid of increasing volume. It's not scary for some stocks to fall inexplicably, what's scary is the amplification of trading volume. Sometimes, varieties in which the market maker holds a large stake should never have a huge trading volume. If this occurs, it is highly likely that the main force is selling. So, extreme caution should be exercised towards any sudden increase in volume under any circumstances.

Fourthly, there should not be too many types of technical indicators. Giving you 100 technical indicators is useless. Sometimes, after thoroughly studying a few indicators and completely grasping the trend of a stock, if you find that the market has broken through the key support, you will leave immediately.

Fifth, reject the bearish candlestick. Regardless of the overall market or individual stocks, once the stock price falls below the market recognized strong support point and there is a trend of a bearish candlestick at the end of the day, it is necessary to be vigilant.

Sixth, avoid stocks with poor fundamentals. Whether you are buying or haven't bought a stock yet, you should look at its fundamentals to see if there are any concerns and be cautious of sudden changes in fundamentals. In situations where the fundamentals are not well confirmed, caution should be exercised and timely resolution should be made when there is no cure, in order to avoid permanent fraud.