My first mentor whom I found told me that all traders will become more profitable if they cut their losses whenever they start to hope for a good exit or for the price to come back at least to their entry. This is the phase you want to avoid by treating trading as a boring business. Have an exit? Then exit. Don't pray. If you're in trouble, run back home. Don't pray to God to be nice to you. He gave you legs to run. Pray at the church, not when you're in trouble.