Your method requires two aspects to be realized: first, there must be sufficient funds to make up for the position before it reverses; second, it must be at the end of a large cycle's fifth wave; otherwise, if you resist during the start of the third wave, even Buffett wouldn't be able to withstand it.

$ETH
Why I firmly believe that not cutting losses means not losing
Because I review every loss in these years of trading. Especially the trades where I cut losses. 99% of the time, if I hadn't cut losses at that moment, there would have been opportunities to recover later. Why does Buffett say that investment requires preparation for at least ten years? Essentially, it's about enduring the position!