Made too many mistakes; if you can't overcome them, you'll just keep messing up.

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Over the weekend, I reviewed the main stocks I have been trading since January this year and their buy and sell points. The main issues are as follows:

  1. High frequency: From January to March 6th, a total of 91 positions were closed, involving 62 stocks. The success rate is only 49%, with an average holding period of 4 days.
  2. Chasing gains and cutting losses: A typical example is on February 13th, when I bought Dawi Technology at a high point, and on February 25th, I sold at a low point. On January 23rd, I bought China Great Wall, and on January 27th, I sold at a loss. On January 14th, I bought Rock Mountain Technology, Blue Focus, Tuoer Si, and Runze Technology, and on January 19th, I sold at a loss. On January 14th, I bought Seven Wolves, and on January 16th, I sold at a loss.
  3. Holding onto stocks in downtrends and weak stocks with illusions: A typical example is buying Tongwei Co. on December 26th, China International Capital Corporation on January 26th, and Chinese Online on February 27th.
  4. Unable to hold onto stocks in an uptrend, getting shaken out at the first fluctuation: A typical example is buying Jerry Co. on December 30th and clearing the position on January 9th. For Hafei Power, Hafei Technology, and Hafei Control, I focused on them after their first limit-up in January, but since they are slow-moving trend stocks, I couldn’t hold onto them.

Looking back at these trades, it’s truly shocking. The way of trading can only be learned through self-education. Moving forward, I will focus on rectifying these issues. I cannot just think about it; I must also take action.

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