Travix: Price can mislead. Causality does not.

Einstein’s theory tells us that mass curves spacetime. The same principle applies to trading positions — the larger the position, the more it distorts one’s perception of time and risk.

With each passing day, doubt accumulates: is this conviction, or is it simply stubbornness?

It is only after selling prematurely that the true depth of the well becomes visible — the gravitational pull of a missed opportunity far outweighs that of a temporary drawdown.

Behavioral finance has already quantified this asymmetry: the pain of loss is roughly twice the intensity of gain, and the regret of an early exit defies even that metric.

The real question, therefore, is not about holding duration. It is whether your decisions are anchored in price noise or grounded in the underlying structure of causality.

Price can mislead. Causality does not.