Sep. 21 at 7:44 PM
$PATH someone called me out on my 'some mudhaphukkas buy the dip while other mudhaphukkas suck...posts I am basically saying the following
high conviction is adding when the price action stays broken for months.
When the broader market keeps making fresh highs and your top position just grinds lower week after week, that extended price action causes serious self doubt. It makes you question your judgment, your thesis, and your patience. It is easy to feel confident when the chart validates you. It is a completely different discipline to stay grounded when a stock acts like it is heading for liquidation while the fundamental story remains intact.
Over time, you learn that the market isn't here to give you daily validation. The best asymmetric setups usually feel terrible right up until they don't.
True conviction means looking past extended noise, and letting the process play out without needing the chart to tell you you're right every morning, especially in small caps
