if i get stopped out of a trade, should i jump in again?

Let's assume you are in a trade, and your stop loss is hit what will you do? Will you get back in again or will you wait a while?

S
@sandy20 - 1 month ago

If after I get stopped out i discover my daily loss limit has been reached, I will not enter again. But if it has not been reached and price started going in my favor after i was stopped out, then I will enter again & place a wider stop loss than i did the first time.