'Small losses' can add up to substantial amount as well, often enough to incur huge drawdown, and account destruction if it gets bad enough.
Of course, using really small position can reduce the impact of losses on an account, but the probability of getting net profit will be affected as well.
There is also the issue of 'stop loss hunting'
I advocate keeping loss small without compromising the potential of good/winning trades.
'For the market to work, it needs people who think that they can beat it.'
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