Review of July trading

Im not a very good stock picker. That results in having substantial number of losing trades and also losing red days. However each month I end positive with consistent monthly gains. That is proof that using a strict disipline when managing losses is the key of succesfull trading. Obeying the risk v.s reward ratio of at least 1:2 allows me to come out positive on long run simply because cutting the losses does work. We can never know for a fact anything except the one thing that we can know for sure: we can always know how much exactly we can lose. If such losss is in the comfort zone and is managable , the wins will take care of themselves. 

To be countinued...