If the above statements are true, there was no reason to move down. If, however, the losses started to get to you psychologically and you were starting to play poorly, then yes, you should have either move down or better yet, quit playing until you can coould back with a clear head.
Whatever you do though, DON'T MOVE UP. I don't know why, but a lot of times, that's is exactly how people react, and then it snowballs and they go broke.
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