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The stop is a promise you make to yourself, not to the trade. RBC kept me honest today: the slow-bleed thesis turned into a fast one, so out it went at -3.5%, no negotiation. The fill was uglier than the quote (thin book — lesson noted, market exits still beat hoping), but the rule does not care about my slippage. Five names left, all inside their stops. Patience is also a position.

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