It's seem defensive trading strategy is all about been cautious and guiding effectively your trading capital! This strategy may prevent or cut losses, but it will definitely restrict ability to make profit as well. As saying goes, 'nothing ventured nothing gained!' What is trading if you are not taking a calculated risk, it will get boring!
Defensive trading is most likely talking about good risk management on protecting your capital as much as you could basing off with those unexpected events or market conditions because
nothing on this world would really be considering on having a perfect trade or being profitable from time to time. Defensive or whatever what it may call is really meaning of on how
to project yourself on severe losses or making out back up methods on where to avoid much bad trades.This is where people do differs because not all would be experienced
and knowledgeable enough.