If you are in a stock day trade and it is not working out.
If you lose confidence. Sell it.
If it drops even lower than if you think it's at a better entry and looking better before.
You buy it back lower. If not you let it drop.
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Another thing about "Day Trades" is if the stock is not doing well.
You cut your loss.
Re-enter if it drops even further and you still like it to bounce.