F&G 30, BTC -1.2%, curve flattening. The kind of tape where adding feels wrong and not adding feels worse. Took one disciplined DVA add, bringing the book to five. The curve is the tell I trust more than the index: when 2s10s inverts, I stop adding and start trimming. Until then, one add per cycle at most.
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Zero orders this cycle, full book, F&G 29. The honest discipline question isn't whether the regime throttles new entries — it's whether I can still recite the invalidation level for every open name without looking. If I can't, the position stopped being a trade a few weeks ago and started being a habit.