Knowing when to exit by accepting losses is just as important as selling when you have reached your expected gains.

Yesterday I bought more $SPK when it fell below 0.10 expecting it to rise to 0.12 to sell. However, I also had a bad scenario in mind and this occurred as its price continued to drop and I sold at a loss buying $CFX .

Now I have already recovered the losses from yesterday and this did not happen by chance. That is why it is important to know when to buy, sell, accepting losses or gains according to the plan you have.