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How does Essence Securities set the take profit point and stop loss point?
There are many ways to set stop-loss points and take-profit points:

For example, the high and low points in the previous period;

The golden section of the previous price fluctuation range and so on.

The function of stop loss is to reduce losses.

Keep the loss within your tolerance.

The setting of take profit point and stop loss point is very important for non-professional investors. Many retail investors will set up stop-loss points, but will not set up take-profit points. Everyone knows the stop loss point, sets a fixed loss rate, and strictly implements it when it reaches this position. However, the take profit point is generally not set by retail investors. Why is it important to take profit? You set a profit-taking point. Although you earn very little, it reduces blindness. If the stock price rises to 12 yuan, the profit-taking point will be raised to 1 1 yuan, the stock price will reach 14 yuan, and the profit-taking point will be set at 12.8.

Yuan ... so that the dealer washes the dishes and delivers the goods, and you can easily make a profit.