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April
1-8, 2004
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Questions
(Quotes
from Ed in Red)
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Answers
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Thu, 08 Apr 2004
FAQ For You.
I have noticed that this web site privileges the 'psychology' of trading
over other issues.
Why should
psychology be any more important for trading than any other human activity
in which might involve self doubt ?
Why do
traders require their own type of analysis different from the rest of
society ? ie,
Why is
there a 'traders tribe' but not a 'golf tribe' ?
Surely a strong understanding of the statistics of stochastic
processes, and
issues of data snooping would be of primary importance ?
Self doubt and
fear in trading are a consequence of inadequate research.
A musician or
sportsman does not make mistakes because of personal issues, but because of
inadequate preparation.
A survey of
the personal lives of elite musicians and sportsman can confirm that they
are among the most confused of all people on the planet.
The treatment of trend as almost a law of nature is also highly suspect.
It can be shown
statistically that trend following works in the financial markets, but why
take it further ?
'Go with the flow'
as a universal truth might be used to justify all kinds of aweful
crimes.
The anecdotes on this site which claim improvements in trading performance
after application of the trading tribe process could easily be attributed
to mean reversion.
May I point out that mainstream psychology now considers debriefing
techniques as described on this site as counterproductive and perhaps
dangerous.
Readers proceed at
your own risk !
ED: Have you considered taking your feelings about wanting to be a guru or
cult leader into the trading tribe process ? |
The
question, why, has no answer (any answer), and typically indicates
lack of focus, or desire to control on the part of the questioner.
The
word, should, indicates a desire to control others.
Imbedding
phrases such as, surely, and survey can confirm indicates
appeal to a phantom higher authority.
Is
suspect - Can be shown -Might be used - Could be
attributed - Mainstream now considers - are passive
constructions. They lack a subject so you don't have to take responsibility.
My
guess is that you are not quite ready to take your feelings (guess: anger
and fear) into the process.
You
likely prefer doing things to feeling things.
So
you might consider doing this: re-write your note in SVO-p. Subject - Verb -
Object - present tense. Avoid why, should and passive
tense.

Twins
People are
eternally divided into two classes, the believer, builder, and praiser, and
the unbeliever, destroyer and critic." ~ John Ruskin
There's only one
corner of the universe you can be certain of improving; and that is your own
self. So you have to begin there, not outside, not on other people. That
comes afterwards, when you have worked on your own corner. ~ Aldous Huxley
Clip: http://home.earthlink.net/
~biotdog/twins.jpg |
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Wed, 7 Apr 2004
FAQ
Hi Ed,
Can you explain and expand on the process of creating our own snapshot. You
give mention to it on the TTP page but not in detail.
I enjoy learning from reading your website. Thank you.
|
I
plan to expand the hardball process, including developing the snapshot, at
the Workshop. Look for more information on how to do it, shortly
thereafter.

Snapshot
Clear,
Evocative and it Doesn't Move.
When
you develop your intention
into
a snapshot of now
it
tends to manifest quickly.
Clip: http://www.northwestern.edu/
images/features/snapshot-old.jpg |
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Wed, 7 Apr 2004
Submission
Ed,
Lately, I have been realizing that my father's intentions are running my
life. His influence and power over my actions and choices is very
subtle, yet very strong. He controls me in an indirect fashion. For
instance, I acknowledge he is quite frustrated for not getting materially
"rich" and tries to project his dreams and frustrations into his
sons, usually by continuous, very subtle suggestions of what we should do
and strive for, i.e., he is using his paternal authority to achieve his own
dreams and goals.
I usually struggle
with that (on an intellectual level) in an effort to convince me that I am
free to make own my choices and decide what path I am going to take in my
life. Yet, in the end, it seems that I always find myself doing exactly
what he wants, and that precisely I don't even know what I want for
myself or, at least, I have not been quite given the opportunity to decide
that "freely".
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Your
father can control you, only to the extent that you, in turn, are trying to
control him.
If
you don't care what he does, he has no control.
You
might take your feelings about control into TTP.

Fathers
and Sons
The
one in control
is
the one who
doesn't
have to be in control.
Clip: http://www.gregoryharrisonsite.com/
images/tv-father-and-son.jpg |
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Tue, 6 Apr 2004
Positive
Intentions
Hi Ed,
1. I wanted to share with the community that my proclamations for this
year are reality. On weekends I now have the urge to go out rather than
sit at home by myself ... I wish there was still a link for the
proclamations so that we could review our proclamations from time to
time, even though it is already in my subconscious. Maybe kind of as a
reinforcement from time to time.
2. I am constantly improving as a human being. Trading takes care of
itself, but I find that there are still a lot of areas in terms of
relationships and people skills that I need to improve on in life. I would
be honored if you could shed a little insight into the positive
intention(s) of judging other people. Judging other people has become a
drama I was not consciously aware of.
All the best (nice trending charts by the way), |
Congratulations
on the inexorable process of realizing your intentions.
A
link to the proclamations page appears on the FAQ home page.
Some
positive intentions of judging others are (1) to select desirable playmates
and (2) to help others grow.
Perhaps
you can take your feelings of judging yourself judging others - into TTP -
and find out what the positive intentions are for you.

Judge
Dredd
Positive
Intentions to da Max
Clip: http://stp.ling.uu.se/
~klasp/judge_dredd.jpeg |
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Tue, 6 Apr 2004
FAQ
Ed,
While looking at the charts I noticed the red, green and blue strength
indicator lines. Are these ADX lines? Thanks. |
Lines
sometimes appear to display some internal computations, to confirm the
ranking filter is working properly. |
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Tue, 06 Apr 2004
Application to
IV Tribe
Hi Ed,
spent some time exploring your site with much interest. i love what you are
doing and no wonder you have had such great response from people and why
they travel from far off to be in the tribe.
i have been on a
journey for quite a few years seeking insight to all lives mysteries and
hidden ability of being more awake during my stay on this planet.
i am driven to
explore human potential and seek teachers and discoveries that help me in
personal development and evolution. i truly believe there is amazing
potential from within that we have barely tapped into. i have spent years
following universal laws and live the fact that we create our own reality.
we are what we think, thus, i do my best to stay in a positive place.
i have read so
many fascinating books and often hear of how our feelings tie into the
process of changing old patterns and belief systems. it has been quite a
road for me to changing some limiting patterns, even knowing and following
what teachings i've learned.
i'm particularly
looking to break the old " i'm not good enough" thoughts,
and create the abundance i deserve. i seem to always only just get by and i
am acutely aware that there is something stuck at this point, that
keeps me from my bigger desires. maybe fear of success, maybe some painful
thing connected to success, i don't know but i am so ready to break this and
understand the block.
even after 100's
of books and seminars and endless affirmations i'm still hovering. i have
found many teachings of ways i'm curious to explore but most require the
many dollars i'm not creating right now. what i'm hearing in what you
teach with tt is that fred, your inner guidance, is fused with old feelings
and beliefs, drama of past experience, as it gets to cm and that keeps you
in a looping type pattern instead of a spiral up.
through your
process, when you return to those situations that bring up the limiting
patterns, deliberate changing of the feelings attached can ultimately
change the outcome to a new experience. i would love to use these techniques
and look for some movement in my stuck areas. please put me on your waiting
list if possible. you can call me any time with further questions. mornings
and evenings are best.
thank you,
p.s. love drum circles!
|
You
seem to want to change, to break with the past, to get unstuck, to get out
of the rut, etc.
TTP
takes the approach that you are already in exactly the right rut - that Fred
wants you there, so that you can experience some feelings.
By
accepting the rut, and getting deeply into the feelings of it, without
concern for getting unstuck, and with the thought that you like the rut, you
can begin to experience it fully.
As
you connect Fred and CM in a celebration of the experience, the feelings
seem to disappear, leaving insight and little desire to continue the drama.
So,
by accepting the rut, and by being willing to experience the feelings, you
find yourself out of it.

The
Way Out of a Rut
is
sometimes
to
get even more deeply in.
Clip: www.brian894x4.com/
picturespage2.html |
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Tue, 6 Apr 2004
Pollinators
Thanks Ed,
I've just read your new "pollinators" document on the TT website
today.
Great info for clarification ! (There is one minor typo /mistake I believe
that you may want to correct: In the 1st line of the 4th paragraph from the
end, it should probably read; "provide for each other is to help set
each other free." / instead of "it so" etc.)
Look forward to seeing you again next month.
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Thanks
for the correction. |
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Mon, 5 Apr 2004
My Trend Following Poem
Hi Ed,
Our Tribe leader has inspired me to write a poem, I want to share it with
you.
My Trend Following Poem ...
I have now learned a method
that seems to
be old,
it goes like this,
so I have been
told.
When the trend points up,
I lock and
load,
feelings arise
and I start to
feel cold.
As I peel back the onion,
feelings start
to unfold,
my risk is too high,
I am much too
bold.
I adjust my risk
and become more
controlled,
much to the benefit
of my entire
household.
As my position goes higher,
I continue to
hold,
with feelings of fear
and thoughts to
fold.
Good thing for me
that my tribe
is enrolled,
because Fred and CM
are closely
patrolled.
My position is now changing
and I can start
to smell mold,
my stop is quickly hit
and I jump to
yell SOLD!
What have I learned
from these
lessons of gold?
I'm not sure,
but my account
is up ... FIVEFOLD! |
Behold
- Fivefold ! |
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Sun, 4 Apr 2004
All-Time Highs
Hi Ed,
Thanks for your check-in post, I believe it will help our tribe.
Here is an observation for you ...
On Tue, 21 Oct 2003, Ed writes:
"I notice XXX is trading at about 1/4 of its all-time high. You might
check your feelings about wanting to get in near the bottom, rather than go
with things that are making all-time highs."
On the TTP chart page, Ed writes:
"If you trade stocks from the long side and your stocks do not look
like these you might take your feelings about buying strength and trading
with the trend into the Trading Tribe Process."
Based on your previous response, I wonder why you would post charts
that are 1/3rd and 1/8th of their all-time highs.
Yours truly, |
You
pose an interesting question.
If
two charts have identical intermediate-term strength and are also in
new-high ground for several years, would
you be inclined to buy the one in all-time high ground or one that still
below all-time highs.
Keep
an eye on the Charts page for some investigations along these lines. |
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Sun, 4 Apr 2004
Hardball Vulnerability
Ed Says:
In
the Hardball Process we intend to intentionally experience the feelings
standing between us and our goals.
As we experience our feelings, they tend to dissolve, leaving relatively
clear paths between us and our goals.
Hi Ed!
I am afraid that the Hardball Process does work. Yet I could find a
vulnerability in my experience with it: I keep changing the intention and
getting nothing at all. The equation is simple:
INTENTION = RESULTS <=> UNCLEAR INTENTION = UNCLEAR RESULTS
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Yes,
your intention (to change intentions and get nothing at all) seems to get
the appropriate result.

Changing
Intentions Midway
sometimes
produces
interesting
composite images
Clip:
http://members.aol.com/
claysoles/pict218.jpg |
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Sun, 04 Apr 2004
Seeking 72%
Dear Ed,
I have about 150K that I would like to commit to 3 or 4 of mechanical
trading programs for many years. I have found one trader whose program style
matches my long-term earnings goals, and whose capital requirements I can
meet.
Assuming a normal
distribution of monthly returns, a Monte Carlo simulation of the system I
will assign some capital to returns a 72% annual return as the most likely
outcome (72% being 4.6% compounded for 12 months.). The 5th and 95th
percentile of the simulation yield an annual return of -69% and +286%,
respectively. So, as can be expected, the drawdowns generated by the system
can be large.
I could commit all
of the capital to this trader, but there is always the outside chance that
at some point the system breaks down and stops winning. If I can find other
traders with similar expected rates of return, I figure I can reduce my
risk of a possible system breakdown. Would you happen know to mechanical
traders that offer programs whose expected annual return nears or exceeds
the 70% level? I have found some leads, but believe the more options the
better.
Thank you, |
You
might think twice before you base your investment decisions on predictions
(and promises) of profit.
No
one can see the (non-existing) future or guarantee profits.
You
might like to focus on how your trader intends to handle drawdowns - and how
you intend to handle your trader during drawdowns.
You
might like to take your feelings about drawdowns into TTP to ensure Fred is
not setting up drama for you.

Diving
Some
people like the feeling
and
others don't.
http://www.middlearth.it/
borisvalejo/diving%20copia.gif |
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Sun, 4 Apr 2004
Directory
Hi Ed.
I notice the tribe directory has British Columbia separate from the other
two Canadian tribes. I’m pretty certain British Columbia is still a
Canadian Province.
Cheers,
|
Thank
you for the fix. |
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Sat, 3 Apr 2004
Feedback on
Incline Village Visit
[Copy of
Inter-Tribe Correspondence]
What a night! It was fantastic participating in the IV meeting. Ed did some
serious work and I take a lot of ideas home to [Location] on how to improve
our meetings.
I love Tahoe!
-----
You might consider a service to other tribes: write up a report of your
experience for Ed's new Pollinator's Page ... that is if you have
enough Now available !
cheers, |
I
welcome Pollinator reports, and other essays that help to inform readers
about how to start Tribes and how to conduct Tribe meetings.

A
mind that is stretched to a new idea
never
returns to its original dimension.
~Oliver Wendell Holmes
Clip: http://www.greenhousekit.com/
cartoons/pollen.gif |
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Sat, 03 Apr 2004
Reno Workshop
Dear Ed,
I would like to attend your workshop in Reno in May. I read your FAQ quite
often and only today noticed that a price hold was in effect until April
1st. If I were to post my letter and cheque on Monday April 5th (today is
Saturday in the UK), may I enroll at the current price of $2750.
Regards,
|
The
current price appears on the Workshop page. |
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Sat, 3 Apr 2004
Investissement
Avec Toi
Porquoi n'est responde pas a mon email?
merci.
|
You
might try re-wording your note in SVO-p, so as to avoid the word, why
(porquoi). |
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Fri, 2 Apr 2004
Investissement
Avec Toi
Mrs. Seykota
Pour investir avec toi, quel sont:
1- Le montant minim (10.000 dolares)?
2- Le pass necessaire pour ouvrir un conte?
3- Rentabilité de 2002/2003?
Merci
|
How
about try that again in just one language at a time, preferably English.

Successful
Investing Requires Alignment
of
the investor and the manager
on
lots of levels, including language.
Clip: http://www.puzzlehistory.com/
babel.jpg |
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Fri, 2 Apr 2004
Question on
Charts
Hello Mr. Seykota.
I appreciate your Web site very much and have learned a lot about myself. I
have a few questions if I may regarding your new "Charts" page.
1) Could you describe the red, blue and green lines displayed on the
charts and what they represent?
2) "Filter preferences of some readers" - Were these FAQ
submissions and can they be described?
3) "Trading Tribe Growth Engine" Can you describe what this
is? Is this a testing platform? Who can gain and or have access to it?
Thank you for fielding my inquiries.
Best regards,
|
I
publish some charts, according to suggestions from some readers.
Lines
sometimes appear on the charts, to confirm intermediate calculations in the
filtering process.
The
Growth Engine ranks charts according to trader preferences. |
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Thu, 1 Apr 2004
Missing a
Meeting
Hi Ed !
I'm experiencing MISSING a Tribe Meeting. TTP is addictive. |
Experiencing
feelings is subtract-ive.

Abacus
Avoiding
feelings is add-ictive;
experiencing
them is subtract-ive.
Clip: http://orders.mkn.co.uk/mime
/toy/counting/abacus.jpg |
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Thu, 01 Apr 2004
TTP Workshop
Dear Ed,
I am a member of the [Name] Tribe. With [our Chief's] encouragement I have
decided to attend to your TTP workshop May 7,8,9. I am today sending my
cheque and signature page. I look forward to our meeting in the flesh
knowing full well that our Fred's have already done so.
Cheers and best wishes, |
Yes,
Freds all connect, real-time in the ever evolving moment of now.

It's
still, and always, now.
Clip: http://www.humorbg.com/
Karikaturi/PROFESSIONALS/
computers/now-and-then.jpg |
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