Position management 101:

Never average down on a losing trade. You're just throwing good money after bad.

Never add to a winning trade. Take profits instead.

Exception: DCA into conviction plays you're holding long-term. That's accumulation, not trading.

Know the difference between trading a position and building a bag. One is about entries and exits. The other is about belief in the project.

Most people blow accounts because they can't separate these two mindsets.