The index model has been updated, and I completed an in-depth investigation of last week’s events in the marketplace. Members of Exodus, be sure to check out the 102nd Edition of Exodus Strategy Session.
Despite all my tools and research, I have no statistical means of forming a directional bias for next week, so instead I offer you a tale of struggle and grind and ultimately a breakthrough.
I build most of the tools I work with. Sometimes my ‘tools’ are just useful things created by other people that I cobble together and make my own.
When I see someone going about their business in a way that jives with my style and approach, I take tons of mental notes–think rapid ocular pat down. Rarely will I ask how something works. Instead I build it.
You can design an entire system in your mind and ‘see’ it working. This is how Nikola Tesla created the first ever hydro-electric power plant.
Once a device works in your brain you have to build it, and this is where resources are needed, two big ones, money and time.
I have been building, operating, rebuilding, operating, cursing at, tweaking, and operating my latest tool (more of a system really) since February. It sets up trades for me.
It had the most persistent ‘leak’ in what seemed like an insurmountable design flaw. And it was causing issues. The more the leak happened, the greater the risk of a serious setback, a massive loss. Three month’s worth of gains, gone, type casualty. It happened once in March/April and sucked.
It was the sort of issue I can micromanage and keep it healthy, but this is time consuming. I considered trashing the entire system and trying something entirely new, a different tool I’ve been building in my brain for a while now.
Then Friday, Elder Raul and I were fussing with my system, and he was cursing the stupid problem, and I was just looking at it, and then I fixed it. The leak is solved!
This is a major breakthrough that I have a hard time putting to words, which is the point of this story.
Go do the things you want to do. It is how you learn. Trial by fire. Just make sure the stakes aren’t too high or you might go crazy.
Once you dial in your tools, and this is important, you hammer the fucking gas petal. Go do.
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