[Xhad]

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Limit poker is more about limiting your losses

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Not even close.

Limit poker, especially very low limit poker, is about pushing very small edges. NL you can make money by scoring on the very occasional huge hand because you have such heavy implied odds, and tight-passive play is often correct because in some situations it will be very hard for your opponent to call a raise unless you are beat. In limit it can be correct to cap for value what you know isn't the best hand (in multiway pots), and you can make more marginal value bets because your opponents will generally call with weaker hands, even if they're good players who know what they're doing.

EDIT: BTW, what I've noticed is that NL players coming over to limit tend to be too loose preflop and too passive after the flop. This is because implied odds are worse in limit than in NL (meaning you can "make back" more money after the flop if you're clearly better than your opponents), but betting postflop is cheaper in limit than in NL (as in, inappropriately betting $10 into a $100 pot isn't as dangerous as inappropriately betting $80 into a $100 pot).