"What we are protecting is not unrealized profit. It is the 'next move'."
What truly scares you in trading
is not one losing trade,
but collapsing as you try to recover it.
Protection is not a mechanism for aiming for big profits.
It is a function to maintain the ability to make the same judgment again.
Lock in risk with two consecutive drawdowns.
If it doesn’t break, gradually update only the profitable side.
Therefore
it isn’t about
being “too early to take profit” or “too late to cut losses.”
By looking only at the closing price,
the space for hesitation is eliminated.
What protection guards
is not that single position.
For the next trade,
it is about being someone who carries nothing from the previous one.
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