How to stop loss and take profit? Sometimes I get the direction right, but after hitting the stop loss, it goes up. Seeking guidance from the expert 🙏🙏

Out of 10 people who incur losses, at least 7 are due to holding positions. This issue of holding positions is a long-standing problem in trading losses. Almost every time the market makes a big move in one direction, friends come to me lamenting their serious losses from holding positions, some even blowing their accounts due to this.
It is a common issue, with serious losses. Many position holders stubbornly refuse to change their ways. Today, I will discuss a few reasons why people hold positions and strategies to cope with holding positions.
There are 5 common reasons for holding positions:
1: The issue with market trends is that there are many false markets.
Most market movements are characterized by fluctuations, rising and falling repeatedly. If a trade incurs a loss, instead of cutting losses, one might hold on, hoping to minimize losses during the fluctuations or even turn a loss into a profit. An order that was originally meant to be closed at a loss could end up being profitable.