$SWORDCAT

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@reddit

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For people who don't use stop losses how do you know when your trade has gone bad? I'm curious how people who don't use these tools get the intuition to know when to hold on and when to let go. I know I do not have that intuition at all so I have to use stop losses to keep me out of deep water but still I'd like to develop such an intuition so I can make more longitudinal trades. I'm more asking to learn the mindset of control under that kind of stress since I know people can sit through some serious drawdowns just to come back victorious over time.

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