The link between not using stop losses and Peter Sellers in "THE PARTY" $study

Sometimes (many times!) I go into trades and don’t immediately insert a stop loss order. I then find myself looking at a small loss then a large loss and then a very large loss. I realized that the emotions I feel as this happens are perfectly depicted by the scene in "The Party" where Peter Sellers destroys the bathroom.


He should just have walked away when the water did not stop running; that would be his stop loss order. Instead a disaster ensues. The inability to act and take your losses is perfectly depicted by his bewildered look as the toilet roll doesn’t stop rolling (1minute 55 secs.).