Stop-loss—does that mean admitting defeat?

Many people don’t want to stop-loss,
because “as long as you haven’t sold,
it doesn’t count as a real loss.”

But the market doesn’t care about your mental account.

A stop-loss isn’t admitting defeat—
it’s carrying out the rules you set before emotion took over.
You’re not losing to the market;
you’re winning a round of self-control.

Only those who can stop-loss
can keep surviving in the market.
Those who don’t stop-loss
will eventually give back all their profits.

Which kind of person are you?

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