Category: Money tips Release Date: 2006-09-25
Investment Tips: How to set a reasonable stop-loss?
Moderator: hold-up in the stock market in which people most want to see, but in fact each and every investor is impossible to avoid. How is it going to set a reasonable stop-loss to prevent loss of the expansion is a very important issue, you give us about your experiences please?
Guests: investors who buy stocks every time when they should know that there is likely to be stuck, resulting in buying when a stock should be based on the duration of their investment may be fitted to the room for the price of a rough estimate. Once the quilt has been prepared after due to make in the mentality would not too much of the original fundamental analysis and technical analysis of impact. Face the facts, planning, resolutely carry out these three areas, the key is implemented as planned. First of all, in terms of technical analysis should take into account the actual situation of technical illustrations for investors should face you see the actual trend of the stock, rather than what you imagine trend. Second, the development of stop-loss position, but it must be buying the program developed on the basis. Finally, according to implementation of the scheme and can not change lightly. After the operation method for the hold-up is mainly stop-loss, to cover short positions, or passively to long-term investment. While short-term lock-in operation after the idea of different, but the development of stop-loss is essential.
Moderator: You have to talk to you about the specific formulation of a stop-bit please?
Guests: the downward trend, we should hold fast to our pockets, on a budget. In the downward trend, there is always rob Chutou Warriors rebound, this time operating as the knife-edge licking the blood of the fire to take coins, stops should be within 5%. Special attention to immeasurable slightly staggered down yin and yang, such decline is often scary appearance of a small Yangxian give investors a stabilized illusion and fantasy, making the fantasy to wait and wait in the lost opportunity.
Moderator: This method is whether the upward trend in the same apply?
Guests: rising trend is somewhat different, we must know that any change in the upward trend is almost impossible to be completed immediately, just as the train starts will slow down when you want to stop the same. Most investors do not slow down in speed when you get off, but being left in the half-way off. Due to psychological factors, such investors are most vulnerable at the top of the quilt. Upward trend in the quilt can be suitably relaxing stop-loss rate such as 10% (excluding transaction costs), such as can occur Suoliangchangyin relaxed to 15%. Such as: CITIC Securities in January 2003 fell from 7.3 yuan on the lowest level stabilized around 6 yuan, or nearly 15 percent, due to an upward trend changed and is on the red for the first time after the callback, so it can Morikura .
Moderator: If the area has been fitted at the top how shall I do?
Guests: at the top of the regional quilt, does not seek profit but to seek a safe. At the top of the regional quilt generally short-term there will not be entirely possible some sort of relief, because recognition is the top of the quilt to be too late. A stock peaked with the main unit lighten the way, but regardless of means (such as: high sideways, gradually Pandie, fall shipments, etc.) will give you some sort of relief or reduce the loss of opportunities. Such as China Shipping Development from June 2002 until late August peak in mid-sideways ship movements, of which more than one opportunity to lighten up. Another example: in 2000, Zhongguancun, Shanghai Maling-peer network technology stocks gradually Pandie trend peaked formed after the decline, the deal set up by 5% stop-loss position firmly followed. Finally, drop ship fitted without the need to establish stop-loss should be the first firm to sell, do not hope for such shares, not to cover their short positions. Such as: last year's sublimation Beik, this year's recent Lingyuan Iron and so on.