You may have bought the stock or etf, while it was trending downward and are fortunate to be out. The SmartStops strategies are designed to “cut losses short and let profits run”. To protect capital, SmartStops will be closer when the trend is down and to maximize profits the exit will be farther away when the trend is up. You will find that SmartStops works best when you have purchased a strong stock that is trending upward. If you attempt to buy a stock when the price is dropping you are likely to be stopped out quickly. Fortunately, in most cases this quick exit will save you money and keep you from having an even more painful loss. If you find that you are being stopped out frequently, you may be entering at the wrong time for that stock.