Comparing take profit and stop loss, there are the following differences and similarities:
① The psychological basis of take profit and stop loss is different. Take profit is different from stop loss, although there are many psychological bases for yin to guide trading behavior. Profit is to overcome people's "greed" and "luck" psychology.
② The control ranges of take profit and stop loss are different. There is a very important "small loss and big gain" in stock investment, which is to be firm and decisive when executing stop loss. Limiting the loss to a smaller profit-taking range means that investors will gain only when the market trend changes or the total income is greater than the loss after stop loss.
③ The operating procedures of take profit and stop loss are different. Compared with the stop loss profit, the stop loss procedure should be simplified. As long as the stop-loss signal is started, it should be executed at 100%. Take profit involves chip management such as adding positions, reducing positions and closing positions, as well as many factors such as fund management, so it is more man.