Wait to sell a stock at its break even point when there is an eruption of unconducive event such as war? But there is absolutely no guarantee that a stock will ever come back. Waiting to break even may seriously erode returns on investment. Cutting losses can be more important for long-term returns. Do not let our emotion get in the way of good judgment.
On the other hand, if a stock breaks through a key resistance level on the upside, it may signal more gains and a higher trading range for the stock, which means it is advisable to sell part of the position rather than all of it, to lock in some profits first.
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