Stop-loss really is quite similar to a breakup… dragging it out without making things clear, the more you watch, the more unwilling you feel, and in the end your emotions and your principal (the money you invested) get worn down together. To put it plainly, admitting you’re wrong a little earlier actually saves interest, and you sleep more soundly. These days I basically draw the lines based on volatility first: once it hits, I leave. I don’t make up stories for myself—no matter how hot the market gets. Lately, watching that whole NFT royalty fee slap-fight has felt a bit like that too: everyone wants to have the best of both worlds, but when liquidity cools off, no one has it easy. Anyway, my principle is still that one line: keep yourself alive first—your next chance is worth more than pride.