High-Conviction Diaries

Sometimes, we’re convinced. 

Every nerve in our body is rooting for a particular thing.

It’s a go. 

Do one thing – 

– don’t hold back. 

Listen to yourself. 

High conviction doesn’t just dawn just like that. 

We’ve worked our whole lives to arrive at this high-conviction moment. 

On the way, we’ve made many, many bad calls. 

Actually, they weren’t bad calls, because…

…if it weren’t for them,…

…how would we learn?

Is some college professor going to teach us the markets?

Is there a recognised university teaching successful market play?

It pays more to depend on one’s own self, and on one’s common-sense – this being my opinion, of course. 

We learn the ropes – OURSELVES – by making mistakes and learning from these.

Here we are. 

We’ve survived so far. 

Now, our sensors are on full. We’re on high alert. We’ve arrived at a high-conviction moment. 

We know this is the right call. 

It’s going to make money. 

All entry parameters are showing a tick-mark. 

What’s stopping us?

We’re human.

There’s always doubt. 

Negative experiences in the past enhance such feelings. 

What if we’re wrong?

Well, if we never get going, how are we ever going to find out?

Enter. 

With a small quantum. 

Keep entering with small quanta as the opportunity exists, along with high-conviction. 

Assuming that high-conviction continues, but opportunity stops existing – 

– Stop.

Wait for next opportunity. 

Assuming that opportunity continues to exist, but high-conviction wavers –

– Stop.

Wait for high conviction to develop again. 

If it does so, see if opportunity still exists. 

If high conviction doesn’t develop again, discontinue going in any further. 

Revaluate the investment upon a market high.