My golden rule when trading goes like this: if you're already stuck in a losing position, don't get stuck in the fantasy of turning it around. The only thing that matters is finding your exit—the best possible one. That's it. Stop chasing recovery. Find the door.
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BearMarketGardener
· 01-14 08:44
Well said, this is exactly what should have been done. Stubbornly holding on is suicide.
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AirdropHunter007
· 01-13 23:11
That's a brilliant point. Stop-loss is the key; don't expect a comeback.
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DataBartender
· 01-13 23:05
You're absolutely right, cutting losses is the hardest decision to make, and ironically 99% of people can't do it.
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AirdropATM
· 01-13 22:44
Stop-loss is really an art, more effective than any technical indicator.
My golden rule when trading goes like this: if you're already stuck in a losing position, don't get stuck in the fantasy of turning it around. The only thing that matters is finding your exit—the best possible one. That's it. Stop chasing recovery. Find the door.