You make it sound so pleasant with such elegant wording
IF I MAY.... for the benefit of the newbies
i'd like to offer a more REAL and BLUNT approach to the reality of this
"The hardest part is when YOUR FRIENDS CONTINUE TO TELL YOU YOU'RE A BLOODY IDIOT FOR CONTINUING TO DO SOMETHING THAT IS LOSING"
Now. in your heart and logically you know it's going to work
You just haven't made it work yet
but then you say that line that always sounds like BS and it is ...
"No.. Trust me it's going to work, i have a new system now "
getting past this stage is the hardest part, both Mathematically and Psychologically
and even though i'm putting it in a comical light, there is a serious side to it
so learn from this.
And dont' get stuck in the rut of creating systems that don't work while you are empty inside and know you are losing.
as evelyn said ACCPET FAILURE
Managing risk - this is tricky. because YOU FIRST NEED TO UNDERSTAND WHAT RISK IS
hope this helps