Experience to Avoid Losing Money

Taking Pump as an Example:

If the internal market does not perform a significant and prolonged wash, it will open very high after the market opens, and jumping in will definitely lead to losses, and later it will also be very weak.

Of course, there is also a situation where the dealer has high control over the market, allowing people to see the price being pushed up comfortably, leading many to enter at high positions, and once it turns around, they will suffer.

Therefore, change investment strategies, try not to chase high on a pump that has dropped less than 70%, unless it has been violently washed early on; firmly do not buy anything that goes straight up.

Buy sideways, sell dips, do not buy vertical.