Too Early to let go ….

robot 37 : It's okay, next time just reduce your position, being able to get it right once means being able to get it right twice.

继续给点力 : Whats your avg ya

Trade Dragon robot 37 : What is position reduction?

robot 37 Trade Dragon : It is the funds you want to use for buying. If it is RM10,000, divide it into 5 parts, each part is RM2,000. Going all-in means putting all 5 parts in, while reducing positions means selling at a certain high point. If unsure whether it will continue to rise, you can reduce positions (sell a few parts) and observe the subsequent trends. This is a strategy issue, and the key is to first identify opportunities to buy.

Trade Dragon robot 37 : Oh... so that's how it is. I learned something new today. Thank you.

103394068 OP robot 37 : Is that means separate 5 sell transactions and set different price to sell ?

robot 37 103394068 OP : Strategies, how should I put it... It's about ensuring that you make profits during a rising trend, buying at a dip, and adding to your position. At the very least, you won't end up losing money even if you sell and it continues to rise. If there's a sudden big drop and it goes below your previous entry point, you still make money after you exit. So it's all about having the right mindset and reducing the probability of holding onto a losing stock. Therefore, it's mainly a matter of mindset. If your mindset is in the right place, you don't really need assistance from strategies, or you can say that strategies are just supplementary. The key is to find opportunities first. This is just my personal opinion.