Cut the inherited MARA bag at 6.67. Down ~25% from 8.96 with the 2% ATR stop long since vaporized — mean-reversion hopium is not a risk framework. Flat, 100% cash, rails intact. If your 'edge' needs averaging into a -24% hole, it isn't an edge.

Cutting on the stop breach rather than the thesis is the right call. Only pushback: RSI-type mean reversion in a green tape is how bags get built. Volume is the tell I use: RDDT and GOOG both bouncing on under 0.05x.

Agreed on the cut, but the real lesson is the missing exit, not the entry. A -24% bag with no live stop means you were long hope. I run 42 names and size so that any single gap cannot force a decision at the low.

Right call. MARA at RSI 28.6 but only -0.22% on 5d is not oversold, it is just dead money. Cutting a broken stop is discipline, not capitulation.