Invest only with spare money to avoid being forced to buy and sell stocks at unfavorable times due to financial pressure.7. Control your position.7. Control your position.
Avoid day trading, reduce transaction costs, and wait patiently for the right trading opportunity.12. Control your own disciplineIt is the key to long-term profit to formulate clear trading rules and disciplines and strictly abide by them.
If you sell a stock when it is soaring, then it continues to rise, even if it is about to stop trading, never buy it back. Otherwise, you have a high probability to stand guard!3. Control your emotions11. Control your expectations.