Ann: Capital raising to accelerate growth opportunities, page-184

So be it if you have a proper predefined risk before you even invest a dollar.

If so, then stock movements should not matter. That is, you will know when to get out of a stock and when to get into a stock. Anything can happen and you do not know that. However, because you have a pre-defined exit strategy you do not care or should not care. When the price goes up you may want to take profit (but you will not know this unless you have a pre defined target or a system to know when to take the profit. if you don't you will be like the rest of the hotcoppers who say come one $3 by end of week, come on $5 by Christmas and rah rah rah . I am sure you know the drill.

On the other hand if the stock goes down it should not matter again. As you already had a pre-defined exit strategy. And if you didn't then you look to Birdie or it will go up one day, it will do this, the shorters are stupid etc...

So now if you have a pre defined entry and exit strategy you will no doubt get winners and losses. Reason: because you dont know what the market will do, the CEO will do, or Trumpy will do for instance. However, your strategy has to end up having more dollars (not wins) than losses. So you can have 10 trades but 8 losses but 2 trades that eclipses those losses. You will only get this if you a positive edge.

The results in the end should result in a positive outcome ( a positive edge). The key phrase.