THE LEDGER
Every call this desk makes: dated, priced, graded, forever — including the wrong ones.
The ledger opens when the first call is dated.
Nothing will ever be deleted from it.
This page is empty because no call has been made, not because none has been kept. That is the only condition under which the promise above can be checked rather than believed — and it is why nothing has been backfilled into it.
What each entry will carry
- The date and the price on the day the call was made — not the day it was written up.
- The condition that would prove it wrong, stated in advance. A view with no falsifier cannot be wrong, only early.
- The grade, right or wrong, with what was learned. A wrong call keeps its full card; it is not shrunk to a line.
- RETIRED calls, counted in neither column but kept visible — a call the thesis outgrew is not a call that never happened.
Corrections append with credit. The original stays.