Recognition

Hey.

Don’t cry for me.

I’m doing well.

At times I’m down, when I seek recognition in the outer world, from people, from a country, from an institution, etc.

Since these sources have nuances, I get disappointed at times.

Over the years, have been learning to find recognition elsewhere.

I’ll just share with you where. Before that, let’s speak about every human’s need for…

…recognition.

We have it. Let’s not sweep it under the rug, or deny / ignore it.

Since it’s there, we need to deal with it.

When recognition comes from a worldly source, it is fickle at best. It inflates us, and makes us look for next-level stuff. And…

… it is fleeting.

A tool for manipulation.

Addictive.

Not leading to lasting happiness.

Not aligning with my core values committed to pursuits of good health, happiness, long-term contentment, and efforts towards no regrets.

Therefore – avoidable.

Stopped looking for it in humans or human-related paraphernalia, physical or institutional.

My recognition has been coming in something more natural.

Numbers.

At times in health numbers.

At other times in financial numbers.

In universal numbers.

Don’t have numbers to measure happiness and contentment. Can feel or not feel them though, and that’s a good enough marker. Regrets can be numbered, and eliminated down to zero. That’s wonderful.

Since I’ve chosen numbers to be my source of recognition, my entire focus in the endeavour to feel recognized focuses on health, financial and universal numbers.

Numbers speak to me. If they are recognizing my efforts, they don’t hide it, and I can read their message fast. When they don’t like my efforts, they are outspoken, and I get their drift, hopefully even faster. Even a preliminary health number out of whack? Springing into action to get it back on track, for example.

Downside?

Constant measuring and monitoring causes stress.

Yes, numbers can be stressful, since they trigger stress hormones, especially when they are out of whack.

Remedy?

Quality sleep.

Recovery.

Healthy intake.

Creation of good causes.

Befriending…

…numbers.

Finding a way to not get stressed at unusual numbers.

Like now. When financial worlds are crumbling, what keeps one numerically motivated? It’s the pursuit of a low buying average multiplying upon recovery. Since one has planned and kept oneself liquid for exactly this scenario, crumbling financial worlds are feeling comfortable, because the plan is being implemented. No other reason.

Or like recently. My HbA1C was out of whack. Hadn’t been monitoring for a while. No one’s looking – ok let’s binge…

The upside of constant monitoring is that one sees the effects of a binge immediately, and that alone causes one not to want to binge – the fear of seeing the effects of one’s stepping out of line.

Bottomline – monitoring has upsides, and downsides. The biggest upside is the wooden cane of the teacher, waiting to hit you, should you step out of line. The biggest downside is stressful obsession.

In the middle, there’s a path that brings happiness, contentment – and – recognition, even when one has chosen for oneself that these entities come from…

… numbers.

Proppers

Come a crash, …

… we will let it…

…rip.

Toolkit is in place.

Having said that, the thing about crashes is, that when everyone expects them, …

… they don’t come.

If it were that easy, markets wouldn’t be markets.

That’s exactly what they are doing currently, being what they are, markets.

Some are being propped, and other markets are showing resilience, taking any kind of news in stride, and still advancing.

How long can something be propped?

Not forever.

However, longer than most players can stay liquid, that’s how long.

That’s an old market adage.

Eventually, proppers get tired, of printing, circulation, falsification or whatever gimmick they are employing. Mistakes at this level are deadly.

When a propped main market pops, initially it does take down most other markets, but resilient ones recover fast. Propped ones, after the pop, remain down, meaning that they encounter a delayed recovery.

A big pop only means entry opportunities in our resilient market of choice.

There’s no question of fear. This is what we wait for. Margin of Safety. Value. Opportunity.

Entry.

The At-Par Point

One grapples with this one, …

…always.

There’s something about the at-par point.

No matter how much logic we try, when the at-par point arrives, logic fails.

Carrying a loser?

Determined to carry it through till 3x?

Wait till the at-par point arrives.

See how psychology changes.

Watch yourself liquidating the stock, despite all previous planning.

Happens all the time.

Carrying a winner?

Letting your profit run?

Underlying then falls to at-par?

Watch yourself liquidating at the speed of light.

It’s ok.

We’re humans, and aversion to loss is a human trait.

This aversion to loss makes us follow the dictates of the at-par point.

How do we go around this, as traders or investors?

Meaning, as we advance in our professions, we don’t wish to be dictated terms to by a particular “non-technical” and “artificially” psychological price point.

So, let’s try and find a workaround.

Underlying is winning. Raise your stop in a defined fashion.

When underlying starts falling, it will hit your stop.

At-par won’t be touched, so it doesn’t even come into the equation.

Underlying is down. Hmmm. What do we do here?

We really want to meet the at-par point here.

We’re desperate.

Convinced about the stock?

Average down.

The at-par point lowers.

When market conditions change, it arrives early.

Don’t wish to average down?

Not convinced about the stock anymore?

Wait.

At-par might or might not arrive.

Arrives?

Well and good.

Doesn’t arrive?

Look to exit as best as possible, if you’re tired of holding.

As investors, one can think about only getting into stocks where one is confident of averaging down if the stock falls. (Traders are suppose to cut trades at or around their stop).

Tweaking (lowering) the level of at-par helps faster recovery in the markets greatly.