Lesson learn : Cut loss is essential to survive

Two cut loss examples that save my skin just last week.

• CAO at 1.51, I have set a cut loss of 1.48 but cut too late at 1.46. Although, it is a painful loss, CAO went to 1.42 after that.
• Kepcorp bgt 9.00 with 8.92 cut loss pt in mind. I cut 8.91 and yesterday it just close 8.70.