2400 points start to be fearful of highs but will not reduce positions

2400 points start to be fearful of highs but will not reduce positions

Sold 37,817 shares of Yili at 12.72-12.80 yuan, totaling 480,000 yuan.

After 2400 points, I began to have a fear of heights, probably because I had reduced my losses and started to make profits, and because I often had time to operate and watch the market. Ping An has not found an opportunity to reduce its position, and Yili happened to close at a record high, so I reduced my position. I don't know if this mentality is right? But I vaguely feel that this may be the biggest obstacle to long-term persistence. It is more difficult to share joy than to share sorrow! In the past two days, due to the trading volume of more than 200 billion, many analysts have become pessimistic, and my friends have asked me to reduce my position in Ping An. But I don't feel that pessimistic. 2500 points is not a psychological or physical resistance position. This point is at least not a milestone. I reduced my position more to increase the number of shares in the band operation. Even if the situation is exactly the same, investors always overestimate the probability of continued rise when rising, and vice versa. So the first thing I have to overcome is this "psychological weakness". I just read an article introducing Taiwan's stock market for more than 20 years, and the conclusion is: in the long run, the stock market is not rising but cyclical fluctuations, which is very important to me. Regarding swing trading, when the economy is going from bad to good and the stock market is fluctuating from low to high, if it hits a new high or continues to rise, you should reduce your position by less than half, and buy it back as long as it is profitable. You don't need to look at the general trend and the short-term market sentiment at the time, of course, you should operate on fixed stocks that have been selected for the long term. *************************************************** SSE 2534.13 -1.92 -0.08% 175.386 billion | Shenzhen 9711.36 -13.23 -0.14% 94.854 billion Ping An of China: 42.18 yuan , yesterday's closing: 42.48, today's opening: 42.60, highest price: 42.99, lowest price: 41.86, market value: 309.814 billion yuan, turnover: 204,481 lots, turnover: 0.52% Yili shares: 12.72 yuan, yesterday's closing: 12.23, today's opening: 12.30, highest price: 12.86, lowest price: 12.23, market value: 10.167 billion yuan, turnover: 312,411 lots, turnover: 4.29%

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.

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