Follow-up on Does unpublished paper matter for U.S. graduate school application?
One of my papers is ready and my research adviser wants me to submit it to one of the best journals in my area. But it's actually proposing a new idea so there's still a lot to be done (in the paper I pointed out many tests that should be carried out), so I'm not entirely confident about it getting past the review.
On one hand, I could submit anything to any journal so it's not necessarily saying mcuh about the quality of the research, and it would look pretty bad if it failed the review; but on the other hand, my adviser is kind of a semi-big deal in the small circle (I mean, he knows some people and some people know him). So those who know him will understand that the paper would be examined rigorously by himself before submission.
So, should I add anything to my resume about this? I understand the answer will probably be largely opinion-based, so I'm sorry if it's violating any rules here!