Lately, I’ve been thinking about something:
Not cutting a small loss often lets it turn into a big one.
Here’s what I do: I ask myself, “If I were out of this position right now, would I open this trade here?”
After writing this, I took a quick look: $ETH is now at 2245.76 (24h: -7.2%). Share your own habits in the comments?

For reference only. Make your own decisions.