01Definition
A mission reset treats re-entry or fresh capital as a new decision after a meaningful exit or harvest.
02Why it matters
A previous win cannot justify the next trade's risk.
03What to check
- Current thesis and hygiene
- Remaining exposure and fresh-capital budget
- New entry conditions and invalidation
04Healthy / Dangerous
Healthy
The new decision stands on current evidence.
Dangerous
Earlier profit is used as permission to ignore new risk.
05Beginner mistake
Rebuying because the previous exit feels wrong.
06Takeaway
Fresh capital is fresh risk.
See the idea
- 01
A trader exits after the planned expansion.
- 02
Price rises again, creating an urge to return.
- 03
The old win does not answer the new entry checklist.
Trace it externally
Keep a decision journal with the previous exit, current evidence, remaining exposure, and new invalidation. A saved token is not a re-entry signal.
Go deeper
A partial harvest does not erase the remaining position: include it in the new budget. The source calls the first cycle complete after a meaningful harvest to create a decision boundary. That boundary is a planning convention, not a requirement to close or rebuy.
Need the basics? Revisit 101A →