It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.
An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;
HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?
If you're making ANY losses in trading then by my standards, you definitely are doing the wrong kind of trading. At that point I would not call whatever you are doing trading but rather gambling. If you make a bad trade, the last thing you want to do is fomo sell/buy and flip flop around until your money is completely gone. If I make a bad trade, I hodl that and use other money to keep trading. At some point, you will be able to sell your hodl for a profit.