1. In any case, the stop-loss distance is expressed by percentage rather than price, and 5% to 10% is generally acceptable and reasonable. Although people with different endurance or operating styles will adopt different proportions, different stop-loss distances should be set for stocks with different price and sensitivity. Generally speaking, for stocks with lower or more active share prices, the stop-loss range should be appropriately relaxed, and vice versa.

In the case of buying, the stop-loss price is generally set below the last local small bottom, which is subject to the closing price to avoid premature clearance by intraday shock.

3. When the stock price has moved in a favorable direction, follow-up stop loss is adopted, and it is suggested to use the 5-day moving average (earlier than the trend line) or 3% lower than the closing price of the previous day.

4. If the abnormal trading volume is not exceeded, cancel the original protective stop loss and place it below the closing price of the day by about 2%.