Clumsy
“Cutting Losses Miserable” isn’t because you’re bad at cutting losses. It’s because your entries are bad
You’re losing money mainly by cutting losses all the time.
But the reason isn’t cutting losses; it lies in the entries that came before.
But the reason isn’t cutting losses; it lies in the entries that came before.
“No matter how much you cut losses, the price moves against you and eventually comes back,” “Cutting losses leads to steady capital erosion.” — Many traders have these worries. And many think, “Perhaps my method of cutting losses is at fault.”
However, the real issue isn’t cutting losses.It’s the bad entries that lead to cutting losses. Miserable with cutting losses isn’t a problem with your loss-cutting technique; it’s a problem with the quality of your entries.
If you enter with appropriate justification, the frequency of cutting losses isn’t that high. Too many losses mean you’re entering in situations where you shouldn’t be entering in the first place.