2. In stock investment, retail investors have no advantages in capital, information and resources, and it is easy to stand in the wrong team in the long-short game. Without the protection of stop loss orders, it is easy to be in a passive position because of quilt cover. It is easy for retail investors to be trapped in high positions. The "quilt cover" here is understood by the author as "short-term buying at a high level because of high capital sentiment, not stopping after quilt cover, having hope for the future, and psychologically thinking that there is still a chance to untie the quilt cover in the future, so the short-term becomes the middle line, and the middle line becomes the long line, indifferent."
3. It is normal to be quilted in a high position in the short term, not only for retail investors, but also for hot money. The difference is that hot money is a decisive stop-loss quilt cover, while retail investors are letting losses continue to enlarge. "Slayer" is a group that buys at the daily limit under the daily limit system. Through long-term training and accumulated experience, they seek a high probability ultra-short-term operation mode. No matter how high their winning percentage is, they can't escape failure. If they are wrong, stop loss as soon as possible, and if they are right, release profits. In the long run, they will lose less and earn more, and gradually accumulate profits.
4, we don't have to dwell on the stupid operation of high quilt cover, no one is perfect, we should have a correct understanding, it is shameful to be wrong, and it is shameful not to correct the mistake. We need to be clear about our operating cycle. Short-term stocks are those that pursue strength, have a lot of money involved, and have high market attention. In this way, once the market ebbs or the regulatory authorities suppress it, it is easy to "eat noodles", that is, it is easy to be quilted at a high level. The real meaning of short-term is "chasing up and killing down". The more you dare not buy up stocks, the more you deserve short-term attention. The more you fall, the more you want to avoid stocks that nobody cares about. Maybe everyone thinks that "chasing up and killing down" is an immature operation method, but it is not. The anti-common sense operation method is in line with the high probability.