I sold Yes Bank at ₹6. Felt pathetic.
I had averaged all the way down. Every time it fell there was a new reason to hold — too big to fail, RBI will intervene, promoters will fix it. None of them were the original reason I bought. I don’t even remember what that was.
That loss didn’t just cost money. It exposed something more uncomfortable: I couldn’t repeat my good decisions because I’d never written them down. I couldn’t learn from the bad ones for the same reason.
NoTradeZone started from that. Not to become a better stock picker. To become someone who documents decisions before outcomes are known — and looks back honestly after.
If it helps someone else, good. But the primary audience was always me.
This page updates when something material changes my thinking. Not on a schedule. When it actually happens.
| Date | What Changed | Why |
|---|---|---|
| May 2026 | Added explicit invalidation conditions to every position | Should have had these from the start. Didn’t. |
| May 2026 | Moved from random position sizing to deliberate small first lots | Yes Bank taught me that conviction without process leads to averaging into destruction. |
| May 2026 | Articulated explicit averaging boundaries for the first time | JCHAC and Whirlpool taught me this before NTZ started. Took until now to write it down. |