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Is it appropriate to convert a failed fund that I bought into a good fund or sell it directly?

It is not safe to convert a failed fund you bought into a good fund or sell it directly. You should achieve the expected target profit-taking rate of return on this fund.

Funds basically cannot guarantee that you will make a profit.

This logic makes sense if you think about it in reverse. If you can make a profit by investing in a good fund, then there is no such thing as cutting leeks in the capital market.

Things are not that simple.

“A good fund also requires good foundation, good operations, good experience, and a good mentality.”

These four elements are indispensable.

Good foundation: determines whether you can professionally, rationally and objectively judge whether a fund is good enough; good operation: will affect your cost of opening a position, handling fees, and actual take-profit rate; good experience: can effectively grasp the long-term

The core of high yield; a good attitude; it allows you to overcome the shortcomings of human nature, invest against emotions, and avoid chasing the rise and killing the fall.

Background: A person's loss in investing in funds is just an appearance. Behind it is actually major flaws and lack of knowledge in four major aspects.

You can't just say "I'll never touch this damn fund again" to get over it.

A person's small profit from investing in funds is just an appearance. Behind the scenes, it is very likely that you just hit the rhythm of the market rotation.

You can’t just laugh it off by saying “I regret it, I bought too little”.