Stop loss, this is how I handle it.
First, select the target well:
Filter through team/technology/product/narrative/chips, etc.
Secondly, choose the right timing:
This requires some understanding of the secondary market and chips.
After selecting the target and timing, I generally do not set stop losses.
Unless the fundamentals change, for example, the team proves there are issues, the product is nonsense and hasn’t been produced, etc.
If you stop loss based on the loss ratio on-chain, it can easily go wrong.