Why did you choose to cover your position after the fund fell?
Many people don't understand that the fund has fallen so much and is still standing still. They don't know how to stop losses or how to switch to other funds. Because I basically bought index funds, and I chose index funds in the sunrise industry, the decline of such funds has little to do with the management ability of fund managers, just following the market. Therefore, there is still a great chance to make a comeback later, so I will continue to make up my position at this time, which can reduce the cost of holding positions.
Few funds do not rebound after falling.
Why am I so confident about the operation? It mainly depends on the trend changes of funds over the years. Basically, there are few opportunities for funds to rebound after falling. Therefore, what we need to do is to wait for a good opportunity and make a complete comeback. Therefore, in this waiting process, the only thing we have to do is to continue to make up positions and continue to reduce costs. Of course, covering positions is also skillful. It is not for you to put all your money in at once, but to adjust it gradually according to market changes. If you go to Man Cang at once, your expenses will be high.
Non-index funds need to be careful to cover their positions.
If you buy some mini funds instead of index funds, you should be careful whether to make up your position at this time. Because some funds are really likely to fall quickly, once you don't run fast enough, you will eventually fall badly. When the fund has not risen, if you close your position, your loss will be great. Therefore, whether to make up the position depends on the specific fund you buy, and it cannot be generalized or across the board.