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	<description>Gav's trading blog - Perseverance, Consistency, Confidence</description>
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		<title>The Invisible Capital</title>
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					<comments>https://tradergav.com/the-invisible-capital/#respond</comments>
		
		<dc:creator><![CDATA[Gav]]></dc:creator>
		<pubDate>Thu, 29 Jan 2026 07:48:16 +0000</pubDate>
				<category><![CDATA[Back to Basic]]></category>
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		<category><![CDATA[Mental Games]]></category>
		<guid isPermaLink="false">https://tradergav.com/?p=7249</guid>

					<description><![CDATA[We spend most of our time staring at one ledger. We track the account balance. We obsess over the P&#38;L. We calculate the risk of ruin and the potential reward. But I noticed years ago that there is a second ledger. It is invisible, but it dictates the movement of the first one. This is [&#8230;]]]></description>
		
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