THE WHY DIMENSION

The rationale, the thesis, the reason for making this investment

"I want invest in XYZ BECAUSE ..."

Key criteria: is the expected gain is worth the risk?

Later, after entering your position, it may happen that you realize that your "Why?" was based on incorrect assumptions.

In that case, the default setting is to exit the position.

That is why you need to gain clarity about your WHY, BEFORE entering.

You should use all the tools available: your Swiss Army Knife, the Barbell, the Prism and the Blue Dice, the Necker Cube, The Secret Weapon, etc.
IF YOUR WHY BREAKS, IT IS AN EXIT TRIGGER

THE TIME DIMENSION

You set the exit date for your investment.

You create an event in your calendar to make sure you don't miss it.

By default, the time horizon shouldn't be more than one year.
You need a special reason to set a longer time horizon.

The default setting is to exit if the trigger is hit.

IF YOU REACH THE EXIT DATE, IT IS AN EXIT TRIGGER

THE PRICE DIMENSION

You set a higher price bound and a lower price bound

The former reflects your expect gain.

The latter reflects the loss that you are willing to bear for this specific investment.

It must take into account the risk and volatility of your target investment.

It is connected with the size of your investment.
Size is a critical output of your process

It is best to set it through the Blue Dice exercise.

If the price hits those bounds.

The default setting is to exit if the trigger is hit.

IF THE PRICE HITS THOSE BOUNDS, IT IS AN EXIT TRIGGER

DECISION JOURNAL

Write down all the details of your 3D Box, so you can come back to it when you need:
When a default exit trigger happens, or later, when you make new investment decision.

Record your emotional state: this is the Cogni-Emotional Inventory.

It is critical that you do that in a non-judgmental way.

Whatever it is, any emotion involved in your decision should be identified and labeled - whether it is excitement, FOMO, anger, any kind of pressure, anything.
It is perfectly normal to be influenced by emotions:

Ignoring them is delusion, trying to suppress them is counter-productive.

Write when you enter. Write what you know. Write what you don't know. Write when you exit. When you are tempted to exit because of a break of the WHY, write it down.

Applying your process properly will pave the way to

MASTERY WITH EMOTIONS

VIRTUAL BLANK PAGE

The default settings call for an exit of your investment when you are "Out of the Box" in any of the three dimension: time, price, or "Why?". It means the exit trigger of the relevant dimension has been hit.

It doesn't mean you absolutely have to exit for real:

We are not robots.

If you'd rather not exit, but an exit trigger is met, one option is to perform a Virtual Blank Page: create the configuration in your mind that will allow you to make a fresh decision about this investment, as if you had exited it for real.

Free yourself from the cogni- emotional load created by your past decisions, past actions, and past results.

With that free mindset, you make a new 3D Box to decide whether you want to keep it, as if you made a fresh entry.

Your mind is free from the burden of the past

YOU BEGIN AGAIN

THE REAL BLANK PAGE

In reality, it is quite hard to completely empty your mind.

That is why the ideal way to perform the Blank Page is to actually exit the position FOR REAL.

As an incentive to do so, you can always tell yourself that you can re-enter later if you choose to, after having made a fresh decision, with a new 3D Box.

If you end up re-entering, the costs of a real blank page, compared to a virtual one, are twofold:

Frictional costs, and those resulting from price fluctuations.

First, the frictional costs can result from commissions and taxes.
Second, if you take your time to make the new 3D Box, market prices may fluctuate in the meantime.
But the reality is that it could go both ways: so it may make sense to see it as neutral.

Try both, to get a real feel of that difference in quality.
You'll be surprised.

INVEST IN YOU FOR THE REST OF YOUR LIFE

THE SECRET OF THE 3D BOX

Each decision a perfect decision

The quality of your decision will be greatly enhanced if you do a real blank page.

Your process is link between all your individual decisions over your entire life.

You have to balance the quality of your process over time and short-term costs.

The secret is to actually do the blank page for real.

Your process is the universal beyond your individual decisions

BUILD YOUR PROCESS LIKE A FORTRESS

TRAIN YOUR MONEY BRAIN

Beyond financial freedom: ultimate freedom

Be kind to your future self by minimizing now, as much as possible, the burden of future decision about the exit.

Being kind to yourself is the essential spirit of the 3D Box.

Swim in money liquidity as naturally

AS FREELY AS A FISH IN THE SEA