The market is always arbitrary.

The uncertainty in the market can be reduced to a certain extent,

but it means waiting for a long period with a fixed target

In this case, the timing of cutting losses is, needless to say, important

However, the market is always sloppy, so

you often end up losing money on cutting losses

Basically, the places where you should cut losses are extremely rare

If you trade about once a week while recognizing Dow Theory

there are so few places where you should cut losses

But it means the same as being forced to cut losses

No matter how wonderful the logic is

you must go through the number of times you have to cut losses at the stage when you must cut losses

Do not drag it at a place where you must not drag

When the market atmosphere is bad, do not retreat

There are many more such examples, but the things that lead to losses are

the retreat at the time you must cut losses

If you lose, it’s the end

Have a long-term perspective

The logic behind stop loss

Contrarian trading: even if you gain, the trend can blow you away; a string of wins up to that point

Trend-following: unless the profit is infinite, you won’t make money; a long spell of defeats up to that point

Contrarian trading moves against the trend when the trend continues, because you don’t have a contrarian view emerging, you can’t cut losses

For trend-following, there are too few zones where profits appear

In the end, it’s calculated that it’s better not to cut losses

Stop losses are just the shape of the market; just apply them there

From this, we can understand

Be cautious about the number of entries

Careful and appropriate to the market