Avoid day trading, reduce transaction costs, and wait patiently for the right trading opportunity.Don't have unrealistic expectations about the market, understand the uncertainty of the market and make a good risk assessment.Choose reliable information sources and analysis tools to avoid information overload and focus on key market information.
7. Control your position.7. Control your position.
Don't believe the gossip and gossip in the market, stick to your own research and analysis, and make decisions based on facts and data.It is the key to long-term profit to formulate clear trading rules and disciplines and strictly abide by them.Invest only with spare money to avoid being forced to buy and sell stocks at unfavorable times due to financial pressure.