The goal of this journal is to construct a risk management framework using expectations rather than discrete outcomes. With the goal of removing (classic) stop losses from my everyday trading activities.
My hypothesis is that stop losses in the classic sense hinder more than they help. I've gone through nth iterations of stop loss strategies, and while I have come out with some very reasonable ones that limit risk, they still seem to be eating almost 50% of my gains.
So I am going to proceed to evaluate the risks of trading with and without fixed stop losses in my daily activities. I openly welcome questions/comments/critiques/criticisms. This is very much a learning endeavor for me, and I'm probably as nervous as anyone would/should be when pondering the idea of trading without stops.