In trading, which is more regrettable, 'stop loss' or 'missed opportunity'?
"Which is more regrettable, a stop loss or a missed opportunity?" This question is similar to regrets in relationships, whether it's never obtaining (missing out) or the result not meeting expectations (stop loss), both stem from the anticipation of unachieved goals. In trading, when a missed opportunity or stop loss occurs, people often feel down because they represent lost profits or incurred losses. However, it’s important to realize that both are normal in trading; all we can do is say no to these regrets, try to avoid them, and strive to move forward.
How can you minimize regrets about stop losses and missed opportunities in trading?