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Cutting Losses and Sticking to a Disciplined Approach
In this chapter, the speakers discuss the importance of cutting losses and sticking to a disciplined approach in stock trading. They share their experiences of chasing stocks, breaking rules, and the realization that there can never be a 'just this one time' moment. They emphasize the significance of drawing a line in the sand and committing to cutting losses, as well as the need to avoid forcing trades and sticking to their setups and rules.