Reflex

Hey.

By now, we play markets by reflex.

It’s become ingrained.

Took a while.

Many hits. Some big ones, or so they felt, at the time.

Learnt to play it small when bulk of hits was happening.

Gotten big hits out of the way, or so, one would like to say.

Hits happen now too, but they are controlled.

There’s an infrastructure around them, which dulls them. Such an infrastructure can take decades to develop.

Small hits are par for the course. One is looking for simultaneous big wins. Thumb rule is no big hits.

A big win is a small win at first. One needs the small win to fit into an incubation mechanism that allows it to become a big win.

Its the big wins that define one’s life’s efforts. They stand out. Form the bulk of one’s folio.

Big wins don’t come without many small hits.

Becoming used to the pain of small hits is something that needs to be learnt first up, till it becomes…

…reflex.

Flexibility?

Sure…,

…one should be flexible in life.

What about in the markets?

Is this an asset in the markets?

Well…,

…yes and no.

Make a system.

Be flexible whilst putting it together.

Fine.

Narrow down the broader view during this exercise.

As narrowing down progresses, flexibility reduces.

Keep this process going…

…till it’s a fit.

Fit?

Yes, fit between the implementer and the system.

Both need to fit.

Once there is a fit, there’s no room for flexibility.

It’s a fit folks, one is not talking in terms of flexibility anymore.

The need for flexibility has been taken out, by fitting, fitting, fitting…,

…till it’s a fit.

Now one actually needs to behave as if one’s created system is a black box.

Launch the system.

Period.

System will clock some hits.

There will be some near misses too.

As long as results are satisfactory, system keeps rolling.

Under no circumstances is there any requirement to accommodate the near misses into the system, as of now, please.

One does feel one’s system is satisfactory, right?

Right.

Keep implementing.

No?

Cancel black box status.

Commence fitting.

Come up with a new system…

…that works better under existing circumstances…

…and keep it rolling till it works.