Doing what ? Being a Scalper with winners and a Swing Trader with losers ? I knew some of this kind ... But by evolutionary pressure they quickly gone extinct. =P
OK, I'll play along. Essentially, the answer is "yes". And here's why:
I only buy into a stock or an ETF based on it's chart and a demonstration of momentum. When I buy, I am prepared to hold for a while until it makes a profit. I am also prepared to wait until I get a sell signal. I wouldn't do this if I didn't think my winners outweigh my losers.
If it makes a nice profit quickly, I have a tendency to lock in the profit quickly and then look for another setup elsewhere. Or it might evolve slowly, so I wait for a minimum profit. However, I also have signals that tell me when it's long term trend is changing, so I'll sell. So in effect, yes, there are situations where I'll buy a stock and hold it while it is "going south" until I'm sure it isn't going to turn back around....but if it jumps, I would/will sell it quickly. So in a sense, if you look at only one side of the balance sheet, I am taking my profit quickly and my losses slowly. But sometimes I also take my profit slowly too. So I find my slow profits outweigh my slow losses. And the quick gains are icing on the cake. I very seldom take quick losses because I tend to buy in near support....in the rare instance that happens, it's due to bad news being released right after I buy.
Re-reading this is confusing. This might help.
Long or intermediate term win $ > Long or intermediate term loss $ (if left alone)
Short term win $ >> Short term loss $ (when locking in profits and losses early)
What's not to love?
SM