Losing trades should only ride to your stop where you close the trade. Moving your stop when you are in a trade or not having a stop loss at all is a bad habit.
Cut your losses and never let them ride too long.
But like I said – you can't cut your losses too early either. Some traders will usually lose huge amounts of money because they never let their trades play out.
If you commit to the mistake of putting stops too close, you will be in a situation where you are stopped out for a loss even before the market had the chance to turn into your favor.
You might have had the right trade idea, but by placing your stop loss very close, you will be stopped out even before the anticipated move happen.
So place your stop losses so you don't get stopped out all the time but also gives you a good risk-reward ratio (easier said than done).