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After a period of sideways consolidation, AXS finally broke upward, and the recent rally has been quite fierce, with the overall momentum also strengthening.
If you have already built a position during this wave of market movement, it is recommended to immediately move your stop-loss line to near your entry cost. The benefit of doing this is that even if there is a pullback later, your account will not incur losses. It’s like controlling the risk at the lowest cost, allowing you to hold your position more calmly and wait for the big rise later. This sense of peace of mind is actually quite important for long-term trading.