Minimal Leeway

Beats.

Bass.

Rhythm.

Swing.

Dancing.

Got my own groove going.

Background becomes…

…noise.

This…

…is the state of mind…

…mandatorily required…

…before entering an arena…

…called markets…

…in my opinion.

Now the noise can come.

It gets filtered through layers, and layers.

Most of it gets weeded before reaching.

That bit which makes it through, comes as whetted info that is required for action.

And action it is.

Need for action?

Switch on.

Action.

Done?

Switch off.

That’s it.

That’s markets where one wants them.

Any more leeway, and they have you.

Which version do you want?

Graduating

Hey.

It’s taken me the longest time to graduate…

…in the markets.

What, you expect me to show you a…

…college degree…

…for the…

…MARKETS?!

Graduation here is nothing like that.

It’s more a state of mind.

A mind that knows…

…how to get rid of a …

…loser.

And not feel broken up about it.

No emotional aftermath.

No overhang. Period.

Buy a winner with the money that remains. Spend it towards expenses.

Use it to fulfill a desire.

Move on.

On repeat.

That’s market graduation.

It’s also the difference between winning and losing.

Very few people win here.

Why?

Nobody wants to admit they are wrong.

Nobody wants to take the immediate hit.

Almost…

…nobody.

The 10-12% who do…

…win.

And they deserve it.

It’s a very expensive lesson.

Money-wise. Time-wise.

Many go broke and aren’t able to learn it.

Others run out of time. Still not graduates.

A lot like one of the deepest lessons of life.

The one that has a…

…‘sorry’ in it.

Admitting that one’s wrong. Taking corrective action. Doubling down with positive action. Moving on to fight many more battles, thoroughly enriched.

Welcome to the Graduation++.

I completed my post-grad before I did my grad, here, in the stock markets.

Was always good with numbers, so the post-grad lesson came earlier.

How to take a losing system, and make it a winning system, just on the basis of number-correlations…

…but more of that another day.

🙂

Gracefully retiring CostFreeNess for Oneself

Hey.

Comes a time, when a concept has done its duties towards one.

One’s own philosophy has undergone many x.y upgrades, on the back of the wealth being created by a concept, …

… … one like … …

…CostFreeNess.

Why would someone then retire such a concept?

Perhaps requirements from the field of action have changed.

Yes.

That’s the one.

Let’s divide the timeline of action into before and after.

Before today, the day of retirement [of CostFreeNess, for me], I was getting established.

The extra boost supplied by CostFreeNess was…

…required.

It gave a feeling of doing something right.

I don’t need that validation anymore.

Walking towards different heights, climbing new peaks, setting forth in motion new paths, pioneering a new trajectory – casting off the transient and revealing the true – to quote a central axiom of Nichiren Buddhism – all this – requires walking free from older concepts that were once pivotal for one.

Were.

What’s coming is not where these are pivotal anymore.

Hence the retirement, for myself.

With lots of thankfulness and gratitude.

CostFreeNess is long not done for others, in different phases of their market trajectory.

CostFreeNess is a king-maker.

I remember describing it as the closest thing to a holy grail in the markets, starting the sentence with, if I remember correctly, that ‘although no holy grail in the markets exists, …’

In this space, you’ll find many, many pieces, during which this concept was developed and during which it saw itself through, to its logical conclusion.

Of course many others would have discovered this pivot for themselves; CostFreeNess is a universal phenomenon, albeit abstract; it exists like the wind or the rain, or like sunlight and the mountains.

No one here is claiming that they are the founders of anything.

If at all, I have repeatedly remarked, that …

… we stand on the shoulders of giants.

And, to make it a better world, we pay our debts forward.

At times, something we work on …

… becomes a giant …

… like CostFreeNess.

Please feel free to stand on the shoulders of a giant called CostFreeNess, and progress on the back of its propulsion.

🙂

Last Mile Report

Hey.

Please don’t mistake this report for…

…a description of one’s last moments…

…or last-minute diaries…

…or wherever your imagination might take you.

Where exactly am I reporting from?

Imagine a surgeon. What’s his or her last mile?

The intricacy of a stitch.

A complicated, entangled tissue removal.

Oneness with patient vitals vis-à-vis current surgery on open body.

Coherence in instruction to surgical team, clarity about correct surgical instrument received, hand-eye coordination during surgical movement, whatever have you.

Businessman?

Anatomy of the deal.

Profit margin calculation.

Implementation of capital expenditure.

Rapport with staff in the field.

Liaison. Thought-process culmination. Long-term vision. Legacy.

Cut to self.

With a quasi-sealed long-term portfolio with not much activity in it happening or planned, it is trading that one takes to, for distraction.

Why distraction?

One doesn’t want to be thinking of one’s long-term portfolio…

…at all.

Instead, occupation at nitty-gritty level seems to be where the wind is blowing towards.

I must report, that I have arrived at my last mile.

We’re talking straddle tent-building to ensnare price next morning, and squaring off a trade within a few seconds with the objective of taking home a profit.

Observation of price action.

Identification of anomalies.

Setting up of multiple tents operating in tandem, forming an envelope around price.

Coming to terms with emotional overhang.

Digesting market forces as they intermingle with the nervous system.

Accepting monetary loss from time to time and trying to keep it small.

Controlling one’s emotions as profit develops, trying to let it amplify.

Dealing properly with…

…the effects of…

…isolation…

…during market hours…

…and their aftermath.

Regimen. Discipline. Challenge. Growth. Alertness. Staying sharp. In tune. Alive.

At the last mile, we stare what drives us, in the face.