I am mid and long term investing my portfolio. I invest for a specified period of time. If I make a profit before the specified time, I exit the market. I always use stop loss. 5-6% loss but exit from the market.
You play a good strategy, but also have risks that you must always understand, stop losses can indeed save you from losses, but what is called looking for profit, someone should not experience losses, you can imagine 5-6% loss in 10 times, I think that is a very big thing.