Just curious, do any of you set stop losses and recollect again later? Or do you just HODL regardless of what the dip is.
I didn't have to set it up, because I lost already regardless of bear or bull market. All I need to do as of now is to hodle in order to survive and take my gains for future market recovery. When you're taking chances aggressively, you won't sustain once trading pressures happened unexpectedly.
A matter of how long you can take the pressure, for some who treat their money as tool of retirement investment, they are not being bothered by the market movements, they have their targets and they are willing to wait till they reached it.
While, for those who don't have that much budget fear will conquer them and instead of waiting they'll be force by the current situation and sell their assets even it's still in red,
Stop and loss played big role especially for those experienced traders who knows how to deal with every market situation, using this as a tool to prevent losing a lot knowing that there's always another time for them to recover in case the direction of the market is not favoring them.