The personal experience of a stock trader, sharing the affinity of Buddha, everyone can calmly collect and experience. I am a retail investor, I have been trading stocks for 18 years, from a novice to a veteran now, from the pain that makes people laugh and cry, to the memories that are heartbreaking now. A few years ago, when I entered the market, I lost 1 million RMB in capital.

The personal experience of a stock trader, sharing the affinity of Buddha, everyone can calmly collect and experience.

I am a retail investor, I have been trading stocks for 18 years, from a novice to a veteran now, from the pain that makes people laugh and cry, to the memories that are heartbreaking now. A few years ago, when I entered the market, I lost 1 million RMB in capital. Relatives and friends advised me to give up. They thought my way of trading stocks was the most foolish, neglecting my family and lacking ambition, and so on! I was scolded with the most unpleasant words! I almost gave up, I couldn't stand myself anymore! But I didn't want to give up, even to the point where my wife wanted to divorce me, but I persisted, cheered myself up, gave the stock market some time, and vowed to my wife that I would give myself another chance with the last 150,000 RMB! With my efforts, I succeeded! I gave myself some time, vowed to my wife that I would give myself another chance with the last $15,000. Then I continued to work hard. With the remaining 1.5 million RMB, I earned over 7.5 million dollars in 3 years! Not bragging! Once you really figure out your own way of doing things and do it according to it, you can turn your life around! I believe that as long as you understand it thoroughly, your life will get better!

I believe that if you have a thorough understanding, you can at least undergo a transformation within 5 years. This set of rules is of high value, very comprehensive and systematic, so I suggest you save it and slowly comprehend it.

Here is a summary of these 5 rules:

1. Set stop loss and take profit

In the stock market, there is no guaranteed victory. Being trapped and incurring losses is inevitable. According to a statistical survey, currently 70.8% of stock investors are very greedy, turning profits into losses and small losses into big losses. It is recommended that investors set a stop loss point when buying stocks, sell the stocks when the stock price rises by 20-30%. This proportion is still adhered to by many experienced investors on Wall Street. Another is the stop loss point, which is 7%-15% lower than the purchase price.

2. Properly manage your position

Many people like to buy stocks at a fixed price or at full price, but this is not correct. Why is that? First, when you choose the right direction, you can increase your position when the stock market rises; second, when you incur losses and the market suddenly reverses, it may continue to rise and you can increase your position, reduce costs, and turn losses into gains.

3. 60% - Determine the low price range

A 60% decrease from the previous high point is considered a low price range. When the stock price shows a leading increase and volume ratio in the market, the stock price is in the low price range, indicating that the main players intend to push up the stock price. At this time, the risk for investors is relatively small. On the contrary, if you buy stocks that are in the high price range, the risk is very high and there are many traps. Therefore, investors can refer to this "60%, determine the low price range" proportion, which can basically avoid the tragedy of blindly chasing stocks and getting trapped, thereby improving the efficiency of capital utilization.

Fourth, 721 - the "curse" of the stock market.

721, commonly known as the stock market curse "seven losses, two even, one win", refers to the probability of making profits in the stock market, which means that 90% of stock investors lose money. Financial planners say that to break this curse, the key is for investors to change their investment philosophy and abandon the misconception of getting rich overnight. The stock market is not a casino, but a university that encompasses macroeconomics, policy sensitivity, psychology, stock market techniques, and comprehensive skills. It is not just a matter of luck, but a lack of attitude towards learning. On one hand, you can participate in stable investments such as Yisheng Monthly Income, with an annual return rate of about 10%, to ensure a stable source of income; on the other hand, you can participate in high-risk investments such as stocks and futures to achieve higher returns and diversify your investments to maximize income.

5. No more than 10 stocks.

As we all know, you shouldn't put all your eggs in one basket, and you shouldn't just buy one stock. However, it doesn't mean that the more stocks you have, the better. Although more stocks can help you share the risk, you won't have so much energy to manage each stock.

Of course, even the best rules have flaws, and they vary from person to person, depending on individual circumstances and changes in the stock market. In order to maintain and increase your wealth, you should make use of various investment management channels and tools.

(I am only sharing my own experiences and opinions. If you don't understand, you can message me privately. I hope everyone can make a lot of money in the stock market.)