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Co-Wise: How do you set the stop loss point / profit target ?
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Dont listen to them! Dont HODL!

Know when to cut your losses! If your stock have been dropping a lot and do not show much sign of recovering, maybe it's time to sell it and invest these sum into something that is growing steadily. For instance, at the start of the year, I got $NIO Inc (NIO.US)$ for around $45 before it shot up to the peak of $66 until the China market crackdown occured. My slight profits became massive losses instantly. Many say to HODL due to the long term growth in the EV industry. However, after keeping for many months, I was still incurring much losses. One technique I used was to compare to its fellow competitor $XPeng (XPEV.US)$ to see if it was just the whole of China EV market or just NIO being a weak stock. After seeing how Xpeng slowly grew and even overtook NIO, I decided to cut my losses and got rid of NIO to reinvest in other growth stocks like Microsoft.
So, don't HODL if you know during that time of losses, you could be earning slight profits in other stocks!!!
Dont listen to them! Dont HODL!
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