There are three ways to stop loss. First stop loss 3% 5% 8% 10%. Look at your own endurance. When the loss reaches a certain level, you will admit your mistake and leave. The biggest fear is not to stop loss. Loss 10% is the limit, and you can earn it back next time. But if you lose 50%, you have to double it to earn it back. Second, it is time. It means that your analysis is wrong and you need to stop and leave. The third is conditional stop loss. On what terms do you buy it? If the conditions are not met, stop the loss and leave. For example, if you buy back a moving average, you will sell it if it falls below the closing price. If a neckline is broken or back-measured, it will be sold below the closing price.

Take profit, then you must buy at a low point, and then fall below the rising trend line to take profit, or the neckline falls below the take profit, or the two-day low of rising volume and price falls below the take profit.