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Avoid day trading, reduce transaction costs, and wait patiently for the right trading opportunity.3. Control your emotions

7. Control your position.Avoid day trading, reduce transaction costs, and wait patiently for the right trading opportunity.3. Control your emotions

If you sell a stock when it is soaring, then it continues to rise, even if it is about to stop trading, never buy it back. Otherwise, you have a high probability to stand guard!It is the key to long-term profit to formulate clear trading rules and disciplines and strictly abide by them.8. Control your trading frequency.