The IM7 Principles
Permanent doctrine. Quiet enforcement.
Every principle links to every article that applies it.
- #009
Rewarding Impatience
"The market doesn't need to reverse to test conviction. Sometimes it simply stops rewarding impatience."
Behavioral Finance - #011
False Certainty
"The market does not reward agreement. It rewards accurate judgment after agreement disappears. Indicator agreement describes structure. Buyer conviction determines continuation. The safest-looking chart often creates the most dangerous confidence because traders stop questioning what everyone else already believes."
Behavioral Finance - #018
Your Cost Basis Is History—Not Strategy
"A position should be evaluated by what it deserves today, not by the price paid yesterday. Winners and losers must be managed according to current evidence, future opportunity, and predefined risk—not emotional relief."
Behavioral Finance