It’s better not to fear cut losses; you can’t cut losses if you try to fear them.
The reason you can't cut losses is fear
When viewed as risk, you end up unable to cut losses
The market is terrifying, and once you think that way you begin to assume it will not rebound
When you consider risk, you will inevitably be unable to cut losses
And when you cut losses, it feels like everything is over
These kinds of things make it hard to cut losses
To be able to cut losses
You have to adopt a method that matches that trading approach
If you’re following a trend-following method, simply cut losses when you make a mistake
If you’re contrarian, once you think a trend is coming, cut and take a break
If you can rest, go contrarian
If you don’t want to rest and want to take everything, go with trend-following
that's all
That’s really all there is
The market is fierce, but
The answer is simple and clear
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