A chain that's too loose can derail mid-cut and that's a bad day. The correct tension is that on a cold chain, you should be able to pull the chain along the bar with your fingers and it should pull smoothly with no sag drooping from the bottom of the bar but the drive links should still be slightly exposed , the chain shouldn't be so tight it won't move. Check tension when cold, recheck after the first few minutes of running because chains stretch under heat. Loosen slightly before storing because a fully tensioned chain cooling will shrink and over-tighten. This sounds like basic stuff but I genuinely see it ignored constantly.