I suppose a lot of it depends on how big your risk is in the first place. For newbies like me, my risk is relatively low and I go along to try and forget that money was ever available to me in the first place - aka .. it isn't needed to pay bills or put food on the table. For me, dealing with loss of profit or loss of an opportunity to make profit is harder to handle.
I completely agree with you that if there is a possibility, then this is better than yo-yo no. But the fact is that with a really professional trade, you must always find outlets to minimize losses from incorrect actions on the stock exchange.t