When to cut losses?

Read? So hard to sell!

Know how to buy!

Know how to sell too!

It is better to be a willing buyer and a willing seller.

It is very sad to let Market force you to sell either out of frustration or hopelessness.  Even you can say you are immune from losses; but honestly it will still hurt to some extend unless it is not your own money that you have lost.

When to cut losses?

I believe it is extremely difficult to find investors/traders who don't suffer a few big losses in their investing/trading life-time. Even Warren Buffet and George Soros have made big losses more than once.

Learn to bite the bullet and hit the sell button to cut losses when you have other stocks in your mind for quite some time but you have no more money left to buy.  When you do that, in fact you are just changing from a dying horse to another non-dying horse. A dying horse can also recover but when?

You don't need to win back in the same manner that you have lost!