I dont give any undue importance to a "loss". I treat it as a part and parcel of my work. Therefore, im never afraid to book my loss and get out. It's normal to hesitate when you are starting out as a newbie. Many thoughts bombard you i.e arre loss book kar liya to capital itna kam ho jayega etc etc. And in this process, one hangs on to a loss with the hope that somehow he can reduce it by simply hanging on to it.
The more you hold it, the more potential it has to grow. Sometimes it may work in your favor. But, we dont know what will work and what wont. A known loss is always better than an unknown loss. When your screen is telling you what your loss is, simply swallow your pride and get out. There is no other way, for me at least.
Sir?????
