This takes patience. It sounds simple, but it takes discipline to trade correctly. This is hard whether you re losing or winning. Any one who trades with a tight stop will be stopped out in a normal market retracement. You'll find you will be stopped out most of the time.
Traders tend to be able to pick the market tops and bottoms when they place a stop.
Too many times they are long, place a stop below the market, they soon get stopped out and then the market soars. Stops should be placed at least 2 standard deviations from where the market is. They should also be place using a higher time frame. For example if you trade looking at 5 minutes charts place your stop using a 60 minutes or daily chart. If you trade using daily data look at weekly data to place your stop.