It is suggested to keep 50% of the profits of every successful transaction, especially when the profits double the capital. Put the money away separately in the bank, in the safe deposit box, or lockitin a safe moneybox. It's like winning in a casino. This isa good idea.Take the winning wealthfrom the gambling table and exchange it intocash from time to time. A big win in the stock market is the best time to do this. Cash is a secret bullet in your gun. Make sure you keep the backup cash.

Cut off the loss and keep theprofitsrunning, and you can make moneythrougha long term

Do not confuse the strategy of "let the holding position move forward" with the trading strategy of "hold tight after buying". Who knows what will happen in the future? Thingschange in the world: life is changing, relationship is changing, health is changing, four seasons are changing, children are changing, and lovers are changing. How can the basic situation remain unchanged when you buy a certain stock? The basic reason for blind buying and holding is that it is a great company with strong performance,or the general economy is healthy. This kind of idea is no more than committingsuicide in the stock market. As long as my position is profitable, I will completely relax and just watch the stock trend calmly. I don't have to do anything until the timeto close the dealcomes. The vanishing possibility of paper wealth never bothered me, because it was not my money from the beginning.