Asset magagement?

I’ve been predicting the market so far, and my anticipation is pretty good from a short/middle-term perspective.

Prediction, however, is not as important as the timing of taking the position and asset management.

The term asset management is broad and vague. Asset management is to protect your Capital by any means necessary. But precisely, how?

1.       Use stop order all the time

One of the problems of using stop orders every time is that you probably will experience the moment several times when the price hits the stop order before it goes in the direction you expected. That is not the fault of the stop order but yours. You perhaps should wait for the opportunity more patiently and consider the timing of taking the position more carefully.

2.       Resort to risk/reward ratio approach

Just limit your loss with a stop order while do not touch a position making profit but gradually raising the stop order to let the position make money while limiting risk. The method is supposed to be stricter, but I think this is the simplest way to imitate the essence of what pros are doing with the risk/reward approach. This approach theoretically might work.