đŻ One strategy i follow that prevents me from losing money on 90% of trades.
Example:
I first bought $ANALOS At red circle area. It dumped hard on me but i didn't panic sell. I waited for new support & reversal point and added double the amount at the first green circle. Then i added again at the second green circle as i saw a breakout coming.
Currently am in profit on this trade and will ride it for multiples. Before you panic sell you should always look at the chart, because you might be selling the exact bottom & reversal point. Sometimes it's better to add more than to sell.
Hope this helps many of you.