The fund does not chase high and kill low refers to the high position does not buy, low position does not sell. Chasing high and killing low usually refers to an operation mode of buying high and selling low. This method has a high loss probability and is not recommended for investors.

The operation mode of fund selling high and sucking low is better. Funds mainly earn bid-ask spreads, and only by buying at a low price and selling at a high price can they make money. However, it requires investors to have a certain level of investment, and it is difficult to grasp the timing of buying and selling. It requires investors to have a high level of investment, and it is suitable for funds with large fluctuations.