For small partners who want to buy funds, it is very important to know the basic knowledge and trading rules of buying funds in advance. The transaction of funds is actually very simple and the threshold is very low. Let me make a simple explanation through the following points.
First of all, let's talk about the basic rules of today's trading.
1. The trading hours of this fund are from 9:00 am to 3:00 pm from Monday to Friday.
2. Fund trading follows the principle of price priority and time priority.
3. The redemption of funds generally follows the principle of T+ 1, and the time for funds to arrive in the account is generally T+2.
4. Different types of foundations have different transaction fees and service fees. Some funds have subscription fees, and some have no subscription fees, depending on the type of fund.
Second, buying up and buying down is not important.
The reason for saying this is mainly because no one can accurately predict the market, and there is no unified conclusion and no standard answer about the market. Before and during the bull market, one can buy up and you can buy down. Of course, in the middle and late period of the bull market, buying up and buying down is actually not a very wise choice. Personally, I suggest choosing passive funds such as index funds first. You can try to understand the basic rules of fund trading before you take the initiative.
Third, you need to form your own investment philosophy.
Although fund trading is very simple, it doesn't need to be as troublesome as stock operation, or even look at the market, but you need to form your own investment philosophy, so as to help you find fund products suitable for your investment strategy. For most investors, if they can find a fund product that conforms to their investment personality and investment cycle, and can hold it patiently, they can get a good return on investment with great probability.
Of course, the market is risky and investment needs to be cautious. It is not recommended that you blindly copy other people's homework. You need to be responsible for your investment behavior.