> But the phrase “cutting your losses” has application does not? A "stop loss" does not mean the same thing as "exiting a position to cut your losses". There a

> But the phrase “cutting your losses” has application does not? A "stop loss" does not mean the same thing as "exiting a position to cut your losses". There are other ways to exit a position. If you have a large position, then exiting via market order (which is what a stop loss does) is going to give the worst possible price for your exit.