If you have some tips in additional then give some. Lets all help those who are in confusion right now.
You forgot one of the best weapons for trading, the STOPLOSS. Stoploss is the way how we will minimize our losses, we usually doing stoplosses for example our chart is invalidated, broke the support if we are on a long position or broke the resistance if we are on a short position. Thru Stoploss, we can minimize our loss or we are far from liquidation (if you are using leverage exchange).