You should always have a worst case point. The only choice should be to get out quicker.
Richard DennisTrade small because thats when you are as bad as you are ever going to be. Learn from your mistakes.
Richard DennisYou have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a very short period of time. What you can't afford to do is throw away your capital on suboptimal trades.
Richard Dennis