I've seen many people panic and cut losses during a downtrend, but there's really no need to do so. As long as the main index stays above the 10-day moving average, those forced sell-offs lose their significance.

The only true trigger for cutting losses is an effective breakdown. Take a look at the current candlestick chart; there are no decisive breakdown signals at all. Once the index can stabilize around the 10-day moving average, the probability of continuing upward momentum will significantly increase.

The most common mistake when facing market volatility is emotional trading: being overly bullish during rises and panicking to sell during declines. Patience can really help you avoid many unnecessary losses.

Looking at the overall pattern of the All A Index, it has actually been quite strong all along. Recently, market sentiment has been dampened mainly due to a chain reaction of limit-downs in popular sectors, which has temporarily scared funds away from actively going long. As long as the closing price can form a positive candle, there’s no reason to be pessimistic. Even if it doesn’t meet expectations and falls below the 5-day moving average, there’s no need to be overly nervous—support levels are still in place, and even if it opens lower tomorrow and pulls back, a rally is highly likely.

Personally, I don’t really like markets that surge continuously. Such extreme conditions are too hard to analyze, and I prefer a rhythmic oscillation. During these fluctuations, using rolling operations to seize each wave opportunity provides real trading satisfaction.

I never follow the crowd shouting "rise rise rise" or "fall fall fall"; those hollow slogans are meaningless. Genuine trading should be based on your own understanding and follow the market’s rhythm. The medium-term target remains at 4276 points, with a 30% position maintained for rolling trading in the short term. Today, there were some unrealized losses, but thanks to sticking to this strategy, I managed to keep losses under control.

Finally, I want to say: as long as you don’t hold assets with excessive gains, there’s really no need to be overly anxious. Give the market more time, and also have more confidence in yourself.