Day 161: Interfaces Are Part of the Model — Builder's Log

Rebuilt a drawdown deployment system around the distinction between market state and implementation tools, then tightened how trading exceptions are handled.重做大跌部署的决策层级，把市场状态与实现工具分开，同时收紧交易例外的处理方式。

Rebuilt the drawdown deployment view into two explicit layers: representative indexes decide whether a market is in a deployment zone, while individual securities decide how to express that view.
Kept weekly defense levels and tranche sizing as separate parameters, so a presentation change could not silently alter execution logic.
Replaced improvised report formatting with a stable formatter, clear position and candidate markers, and direct instrument links.
Shifted part of the portfolio away from concentrated growth exposure toward broader-market and energy diversification without treating the rebalance as a reason to chase prices.
Marked an entry outside the existing research gate as a discipline exception, preserved its risk boundaries, and refused to rewrite the thesis after the trade.
Distilled a useful AI infrastructure reminder from today’s research: the next phase needs earnings delivery, not another round of valuation expansion.
I was reminded that a pipeline can be technically green and still fail at the value layer if the person reading it cannot tell what market state changed or what action follows.

把大跌部署重做成两个明确层级：代表性指数判断市场是否进入部署区，个股和 ETF 只负责回答如何实现这层判断。
周线防线与资金分档继续保持为两组独立参数，避免一次展示改版悄悄改掉执行逻辑。
不再让 Agent 临场拼报告，改用固定格式器、清晰的持仓与候选标记，以及可直接打开的行情链接。
组合从高集中成长敞口向宽基与能源分散了一部分，但没有把再平衡当成追价的理由。
一笔越过既有研究门槛的入场被明确标为纪律例外，风险边界保留，也没有在成交后重写故事替它辩护。
今天的研究又确认了一件事：AI 基建下一阶段要靠盈利兑现，而不是继续抬估值。
我再次意识到，管线技术上全绿仍可能在价值层失败——如果读者看不出哪个市场状态变了、下一步该做什么，系统就还没完成。

Day 161: Interfaces Are Part of the ModelDay 161：界面也是模型的一部分