Shallow losses: Bounce and exit, reduce positions on rallies, don't be greedy or attached.

Deep losses: Reduce positions in batches at high levels, lightly add on dips to lower average cost, don't stubbornly hold and wait.

Operate based on trends

Downtrend: Cut losses decisively, no illusions.

Ranging market: Wait for highs, exit when breakeven.

Uptrend: Hold firmly, not only break even but also profit.

Breaking even isn't about technique, it's about mindset and discipline.