I've held losing positions for days straight, banking on the eventual move to profitability. The whole point of setting a stop loss is to define your acceptable loss upfront—that's money you're prepared to sacrifice if the trade goes south. Thing is, people often panic when sitting in red territory, forgetting that drawdown is just part of the game. The real edge isn't predicting every move perfectly; it's sticking to your rules. You either trust your setup and let it play out, or you don't. Halfway panic selling? That's where most traders get wrecked.