Shallow Loss: Bounce and exit, reduce positions on rallies, don't be greedy or cling to positions.

Deep Loss: Batch reduce positions at high levels, light averaging down to lower cost basis, don't stubbornly hold and wait.

Trade Based on Trend

Downtrend: Stop loss decisively, don't harbor illusions.

Range-bound Market: Wait for highs, exit once recovered.

Uptrend: Hold steadfastly, not only recover losses but also profit.

Breaking Even: It's not about technique, it's about mindset and discipline.