got traped? that depends on what kind of trade you are doing. if for a long term hold, i do not care, not stop loss, no cut, hold it for ever. for example my fnm 1000 shares, i will hold it for my life time. I do NOT care what price it will go, hold it. strategies for mid-term and DT are different though.
I really hate DT now. no profit can be made by frogs. In HT9, i guess less than 10 traders made profit in long term. when you think you are or would be 1 of that 10 , I
well, 20% sounds too high for long term, which normally is 7 years to cover at least one bull market and a bear market.
Let's cut to 3 years as a long term, I really don't believe HTers can have 20%.
Assumed all HTers are very good market learners, I would bet it over 10% for long term.
If there are 2,000 HTers in here, 10% is 200, &5% is 100. Do you think it make sense?