in trading, money management is very important. It helps us reduce risk, trading is unpredictable job, so I think we need to acceptable loss, I see a lot of people stubborn, do not accept losses and then they lose all
If we learn to accept losses as part of trading plan, then we need not to worry about it a lot and hence we will be able to move forward for good technical analysis for the next day trading. We always must need to have a proper trading plan to tackle the unpredictable nature of trading. For that we need to accept losses and need to move forward easily.