When markets turn hostile, most people choose one of two costly reactions: panic, or denial. Both destroy wealth in slow motion. The wiser move is simpler: reduce ego before losses reduce you. Re examine your thesis. Cut your size if reality demands it. Let discipline, not
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When markets turn hostile, most people choose one of two costly reactions: panic, or denial. Both destroy wealth in slow motion. The wiser move is simpler: reduce ego before losses reduce you. Re examine your thesis. Cut your size if reality demands it. Let discipline, not