Money you dont lose....

A friend and I are having a disagreement about one of Mike Caros Tips in SS2 and I hope to get some input from some others.

Tips #2 states: Money you dont lose buys just as many things as money you win. Page 125 in Super System 2

Interpretation 1: This is advocating the use of stop loss techniques.

Interpretation 2: This is encouraging ideal play at all times.

I can post more info about the article or about the arguements, but to try and keep it unbiased I will leave it at that for now.