What does the fund mean by chasing up and down?
Simply put, it is chasing after buying when it goes up, and selling when it goes down. Chasing up and killing down is a technical term in the financial market, that is, buying a product when the price rises, expecting the price to continue to rise, selling the product when the price falls, and then buying it back at a lower price to obtain the expected return of the price drop. It is a trading technology in itself, and the technical requirements of stock market trading for investors are relatively high. If you grasp it well, it can be regarded as a practical skill. However, in practice, retail investors generally buy when the stock price rises, and sell nervously when the stock price falls.
The same operation also exists in the fund, and the fund price is reflected by the unit net value of the fund. If the unit net value of the fund on that day is higher than that of the previous trading day, it means that the fund is profitable on that day, and vice versa. The fund chasing up and down is to buy when the net value rises and sell when the net value falls.
What are the precautions?
1, when chasing up, you should set a stop loss position and determine your approximate profit target.
2, chasing up and down should pay attention to the reduction of frequency, too frequent operation, once the mistakes increase, it will seriously undermine the operating mentality.
3. More peace and less luck in chasing up and down; More rational, less emotional.