DASH this wave of market movement has allowed many people to make profits. Based on the real-time layout plan I provided earlier, short-term traders should have already profited according to the plan. For those who are optimistic about the long-term prospects, now is the time to hold steady and wait for target levels.

I want to share an example of a loss I experienced on DASH — which clearly illustrates why it’s so important to recognize losses promptly when your directional judgment is wrong. That time, I didn’t cut my losses decisively, and as a result, I held on through a small loss. Later, when the reverse trend came, although I managed to recover that loss through subsequent trades and even made an extra profit, the process was actually very inefficient.

The real situation is, the market won’t wait for you. If your direction is wrong, you need to make a quick decision and cut losses instead of stubbornly holding on with wishful thinking. A timely small stop-loss can often preserve more ammunition to catch the next opportunity. Sometimes losing 1-2% can prevent a larger drawdown, which is actually a smarter trading decision. The benefit of doing this is that your mindset remains more stable, and your execution becomes more decisive.