Budget the downside.
Portfolio × risk percentage sets your loss budget. Divide by stop distance to see a position ceiling, capped at your portfolio.
CONVICTION, WITH A LIMIT.
GO BOLD.
STAY
BOUNDED.
You choose the move.
Decide what it can cost before you make it.
01 / PLAN02 / COMMIT03 / REVIEW
YOUR RISK INSTRUMENTLOCAL WORKSPACE
$100PLANNED LOSS AT STOP
DEFINE IT.RESPECT IT.NO SIGNALS.
YOUR OWN THESIS.NO CUSTODY.
YOUR OWN CAPITAL.NO PERFORMANCE CLAIMS.
A RECORD YOU CAN READ.1%Default example risk.
You set the limit.
YOUR OWN THESIS.NO CUSTODY.
YOUR OWN CAPITAL.NO PERFORMANCE CLAIMS.
A RECORD YOU CAN READ.1%Default example risk.
You set the limit.
THE METHOD / BEFORE THE MOVEGive conviction
Give conviction
a boundary.
A bigger position does not make a better thesis. Write the condition that would prove you wrong.
Put it in writing.
Name the idea, write the invalidation rule, and freeze a local snapshot before your assumptions shift.
Review the behavior.
Record the outcome separately from whether you followed the plan. A win can still hide a broken rule.
THE COMMITMENT / YOUR WORD TO YOURSELFMake the rule
PRIVATE BY DEFAULT
Saved on this device.
Make the rule
hard to forget.
One idea. One loss budget. One condition for leaving.
PRIVATE BY DEFAULTSaved on this device.
THE RECORD / AFTER THE MOVEYour word.
Your word.
Your evidence.
0 commitments0 reviewed— followed the rule
—
Your first commitment belongs here.
Build a risk plan, write the rule, then come back to review.