For the small partners who participate in the investment, no matter what kind of wealth management products you invest in, the basic logic of investment is to buy low and sell high, and you will also generate sufficient return on investment in the process of buying low and selling high. If your own position cost is particularly high, the risk of retracement you can resist is relatively low. Once there is a correction in the market, your principal will be lost. However, if you insist on holding it, the loss on the book will not actually become a real loss. You can choose to add positions at the right time in the future to reduce the cost of holding positions in this way.
First of all, you need to have the concept of position management.
In my personal opinion, if a person wants to reduce his position cost, he must at least have the concept of position management and must not invest blindly. If you don't even have your own position management ability, it will be difficult for you to control your own capital investment, and it will be even more difficult to form your own investment strategy, which will directly lead you to miss the future market.
Second, you can choose to add positions in batches.
If your position is not heavy, the previous entry point is too high. The market can't keep going up. When there is a correction in the market, you can add positions in batches at the target position. As you continue to add positions, your position cost will be further reduced. But you also need to combine the concept of position management and don't waste bullets blindly.
Third, you can set the mobile take profit.
After you have the concepts of position management and adding positions in batches, you can set yourself a mobile profit-taking point. Mobile take profit, also called right stop loss, is an investment strategy suitable for mass investors. For novices, it is generally difficult for novices to adjust their investment strategies through the market. In fact, you can establish your own investment strategy at the initial stage of investment, with a target position cost in mind, and set up a profit-taking line and a stop-loss line at the same time, which can further ensure your investment income and help you control risks appropriately.