0325AAOI Patience Don't give up

Picked a good stock, but couldn't hold onto it, what a pity! The stock price is high, volatility is big, worried about losing money. First trade, a buy signal appeared on the 1-minute chart, the 5-minute chart only had one K-line. I bought when the trend wasn't clear yet, with a 20% position. When a sell signal appeared on the 1-minute chart, I sold everything. Actually, there was no sell signal on the 5-minute chart, I should have bought and sold in batches. Need to be patient and hold, as long as the trend isn't broken, allow the stock price to fluctuate within a reasonable range, don't be scared off by short-term floating losses.

Don't give up on stocks in an uptrend, buy them back when the uptrend resumes. Forget losing trades. The 1-minute chart position is a trial-and-error position, you must accept it exiting at a loss. You must view planned stop-losses as the "cost" of doing business or the "premium" of buying insurance. For example, buy at $100, set a stop-loss at $95. Tell yourself, this $5 loss is the price you must pay to pursue the $50 profit later. Without this $5 "sacrifice", you simply can't get the profit later.