Lesson Learned: Moving Stops is for Suckers

Alright, new here. Been at this for a while, seen a few market cycles come and go. One hard lesson, burned into my memory, was around moving my stop-loss. Had a decent short on $EURUSD, looking good, then it started grinding against me. Instead of just taking the initial small loss, I kept moving the stop further out, convinced it had to turn around. Ended up taking a full position loss plus some, way beyond what I'd initially risk-managed. It's a classic rookie mistake, thinking you're smarter than the market or your own predefined risk. Just set it and forget it, or accept the hit and re-evaluate.