Is your capital small and do you love short-term operations? You need to ponder over this article, four tips to help you avoid detours!

1. Don't rush to sell if the market drops in the morning, buy more at the low and play T+0.

When the market opens and you see the stock has dropped, don’t panic and sell off. Find a low point to add some shares and spread out your cost. Wait for the stock to rebound in the morning, then sell directly to secure a stable profit. For this operation, you need to look at the 5-minute and 15-minute K-line charts to find that low point before taking action.

2. Reduce your position when there is a big surge in the afternoon, and wait for the next day if there is a big drop at the close.

If the stock surges wildly in the afternoon, quickly reduce your position; don’t be greedy. If there’s a big drop at the close, don’t rush, wait until the next day to look for buying opportunities. Generally speaking, the probability of a lower opening and higher closing the next day is quite high.

3. To see if the limit-up is strong, check these points.

Want to know if the limit-up is really strong? Look at the intraday chart; it must hit the limit-up before 11:30 AM and not open the limit for the whole day, and the buy orders must be substantial. If it hasn’t hit the limit by this point, it indicates weak stock characteristics. If it only hits the limit just before the market closes in the afternoon, avoid it, as this is often a trap.

4. Protecting profits is key.

Many retail investors find it more uncomfortable to miss out than to be stuck. They always want to seize every opportunity. But the market is always there, and there are opportunities every day. After making a lot of money, don’t let your confidence soar; overconfidence can lead to failure. If there’s no particularly favorable opportunity, take a break for a day or two and don’t let your profits fly away.

If you keep chasing highs and selling lows, often getting stuck, without the latest news from the cryptocurrency market and without direction, click on my profile and follow me for tenfold coin selection!