In investment, we often say that we will buy apprentices and sell masters. When and at what price you sell it determines whether you will make money or lose money and how much money you can earn. We all know that the most important thing to make a fixed investment is persistence, but few people know when it will be a successful investment. For example, my fixed investment has turned over 50%. Should we stop making profits? Persistence is very important, and reasonable profit-taking is more important. We can judge the position of take profit in several ways.

The first method is to judge according to market sentiment.

Buffett has a classic saying: fear when others are greedy, and be greedy when others are afraid. We can also consider the take profit of fixed investment from these two sentences.

Fear when others are greedy, and market sentiment is high when investors scramble to enter the market and buy crazily. At this time, the market may have reached a high level, which is when you need to think carefully. If your account has reached a certain income at this time, you can consider taking profits in time. If you choose to continue to be as greedy as the market at this time, you may even lose your previous profits. It is subjective to judge the take profit position with the method of market sentiment, but it doesn't need much professional knowledge, which is relatively suitable for beginners.

The second method is to decide to take profit according to the target.

At the beginning of the fixed investment, set yourself a profit target, and once the profit target is reached, take profit in time. This is a very simple method to determine the take profit point. The problem is how to determine the target standard. Setting the goal too high will kill the patience of investment, and setting the goal too low. If the subsequent market continues to rise, it will be a pity to miss many profit opportunities. Here is a simple method for your reference. You can check how much the index corresponding to your investment fund has risen in recent rounds of bull market and bear market conversion, and choose the one with the lowest increase. If the fund you invest in reaches this increase, it means that a bull market may come. At this time, you can consider taking profits in batches and gradually reducing your position.

The third method is determined according to the valuation.

In several bull markets in recent years, the P/E ratio of CSI 500 index has reached 80. Then the market quickly entered the bear market stage. We can take the P/E ratio of 80 as the reference standard of bull market. When the price-earnings ratio reaches 60, you can consider redeeming 50% of the fund shares, when the price-earnings ratio rises to 70, redeeming 30% of the fund shares, and when the price-earnings ratio reaches 80, redeeming the remaining fund shares. This data is uncertain. Does not mean that the price-earnings ratio reaches 80, and the market has no absolute regularity. Only in this way can you win with a high probability.

The above is the method to determine the fixed investment and profit taking of the fund. I hope it helps you.