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$TRIP.COM-S (09961.HK)$ Being profitable for many years is o...

$TRIP.COM-S (09961.HK)$ Being profitable for many years is only because of persistently adhering to the 8 "selling principles" and selling as soon as a stock drops.
The apprentice buys, the master sells.
1. Selling principle:
1. If a rising stock does not rise for three days after chasing, it should be sold to avoid missing the opportunity or being trapped deeply.
2. The principle of selling on a down day. If a stock's decline exceeds 4% without any signs of recovery, be cautious of the risk of a large down candle or even a crash. Retail investors should choose to cut losses when the momentum is not good.
3. The principle of selling when individual stocks or the large cap break important resistance levels. When the stock price falls below the support level, it is important to pay attention to the validity of the break. If there is a rapid rebound after a temporary break, it is a false break.
2. Selling conditions
1. Sell resolutely when a high-level doji star appears. This type of stock is prone to turning downward, and there are relatively few trapped positions at high levels. Once trapped, it is difficult to get out, so it is important to stop the loss immediately instead of waiting for the next round of speculation.
2. Sell firmly when a stock breaks through a resistance level. This means that the stock has been running below a certain moving average for three consecutive days, and the probability of further decline and consolidation is very high.
3. Be cautious of sudden rises at the end of the trading day. This type of stock usually indicates that the funds from the market manipulators have reached a point where they are unable to support the market, and they are using a self-saving method.
4. Close the position when a long upper shadow candlestick appears. If the upper shadow is very long, it is advisable to sell. Most of these stocks are likely to continue to decline, especially those with high upper shadows. Do not have a lucky mentality, be decisive in selling.
Three, selling mantra
1. Stand firm and sell decisively.
2. Long dark cloud cover, sell and escape
3. Death cross above and below, stocks.. $MEITUAN-W (03690.HK)$ $TENCENT (00700.HK)$
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