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Jun 26 - 30, 2005

 

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Questions

(Quotes from Ed in Red)

Answers

Thu, 30 Jun 2005


Optical Illusions

 



Clip: http://www.michaelbach.de/ot/

cog_imposs1/index.html

Yes. 

 

We all tend to see whatever we see. 

 

Objective truth is highly subjective. 

 

Trends, in particular, are not objective.  They depend on subjective factors, such as personal preference in choosing smoothing factors.

 

 

The Trends

in Black and Yellow Gold

 

might be Up, Down or Sideways

 

depending on

how you view them.

 

Clip: http://www.gold.ie/

Oil%20Gold%20Inflation%20Zeal.gif

Thu, 30 Jun 2005

 

First Meeting


Dear Ed,

The [City] Tribe met last night for the first time in 2 -3 (?)months. We seem to have resolved the drama that was keeping us from communicating and meeting. One "partial member" (hotseat only) has dropped out. We are still two members and both are capable receivers.

Next meeting is set for one week from last night and my desire is to meet weekly, if agreeable with my partner.

Intend to write up a hotseat and meeting report soon.

Thank you for the trading tribe!!

OK.

Thu, 30 Jun 2005

 

Entry into TTP/ Intention

Ed,



In the reply to post on Sun, Jun 19 2005 "NOW" you say: "To manifest your result try putting some tension in your intention". How do I put tension in my intention?

Thank you for the correction.

 

You put tension in the top of your bicycle chain by applying force to the pedal.

 

 

To Realize the Intention

 

you put the top of the chain

in tension.

 

Clip: http://staff.harrisonburg.k12.va.us/

~mwampole/1-resources/

simple-machines/bike-chain.html

Wed, 29 Jun 2005

 

Hold 'em and Fold 'em


Hi Ed,

I am really hanging on to my snapshot of “Letting go.”

I enjoy both hanging on and letting go. There is a cool spot where they feel like one. I am bringing that feeling to the Tribe next week.

OK.

 

 

Knowing When to hang on

and when to let go

 

are essential in many fields.

 

 

Clip: http://www.bayfrontparkmiami.com/

media/trazeze_knee-hang.jpg

Wed, 29 Jun 2005

 

London Workshop


Ed says, "I like the idea of a Workshop in or near London".

I say, "So do I, please count me in".

With greetings from Amsterdam, where summer is at last happening,

I have about 15 people willing to attend a London Workshop.  I am looking for a critical mass of about 30.

 

 

In Many Processes

 

important reactions occur

at critical mass.

 

Clip: http://www.scorcher.org/

cmhistory/pix/1stan2sm.gif

Wed, 29 Jun 2005

 

Global Economic Collapse

 

Per an interview on [TV]


[Famous Economist] said that he's worried about the speculative bubble in housing and the fact that more than 1/4 of all consumer spending is now sustained by that bubble, plus the fact that 20 million citizens could lose their homes in a collapse of the speculative bubble in housing, and that the Fed and, indeed, central banks worldwide would act in concert out of desperation to re-inflate the global economy in the process, creating an inflationary spiral unheralded in the economic history of the planet.

"Where does it end?" [Economist] was asked and he said, "Utter global collapse." Not simply economic collapse; complete disintegration of all infrastructure and of all public structures of governments. Utter, utter collapse. That the end is collapse of simply epic proportion.

In 10 years time, he said, whoever is still alive on the planet will be effectively starting again."

[He] blamed everything on what he calls [The Regime].

He says "they have now consolidated power and money on the planet to the maximum extent possible. The planet's net liquidity, that is its, net free cash flow. Is now a negative number. The planet is not simply sinking into a sea of red ink; it is already sunk. The people just don't realize it yet."

[He] says [The Regime] is preparing the nation for transition from democracy into dictatorship because a dictatorship will be necessary to control, in 5 years´ time, food and water riots."

He said [the government] is going to have to build now huge detention compounds on federal lands, probably in the West where the land is available, to potentially house 50 million or more citizens that will be in financial ruin."

[He] went on to say "Food production will fall. Any further effort to control environmental destruction will be abandoned. Inflation will run into the double and eventually triple digits. People will be carrying around U.S. dollars in wheelbarrows like Germany."

[He] said there would be "total collapse of public infrastructure. Total collapse of medical care systems. All public pension plans, Social Security will collapse. All corporate pension plans will collapse."

[He] backed up his comments with statistics in one statement he said "But, 14% of all real estate transactions now being interest-only mortgages, and another 14% of people now, that, when they bought their homes, originated more than 100% of the purchase price in the mortgage and then borrowed further."

He said "The American consumer is effectively now supporting the rest of the planet, consumption rates in all other nations are falling, have fallen to the point that the tax revenues to governments, that the business and industries those nation states are providing is now a net negative number relative to total debt service and public cost, that this exists in virtually every nation state on the planet now."

He said "More importantly, and I'm trying to think how we imply this or how we express this to the people, what extraordinary times we are living in and how the destruction of the planet has been engineered by [The Regime] which has effectively destroyed the economic liquidity of the planet."

When ... the interviewer said "you have sold all of your real estate and you are moving into one of the new super-secure [compounds] for when the ´barbarians will be at the gate.´

[He] replied "those barbarians will be potentially a third of the American population."

[He] ended his comments by saying that "he hopes that he is not alive to see this. The lucky ones are the ones who are my age now."

Note to Readers: the "interview" to the left is apocryphal - likely a synthesis of an interview plus some editorial opinion. 

 

If inevitable doom brings up strong feelings for you, you might take them to a Tribe meeting to sort out their positive intentions.

 

 

 

The Gold Market

 

is, so far, not listening

to the Gloom-'n'-Doomers.

 

Word to the Wise:

the "gold" ingots in the photo

are bronze.

 

Clip: http://www.milliondollarbill.com/

goldfinger01.html

Wed, 29 Jun 2005

 

Free to Workshop Graduates

Hi Ed,

I am writing to you from Germany.


I attend last year November to your work shop in Reno.

I would like to attend to the Breathwork weekend if it is possible?


Please give me short message if I can attend to Breathwork weekend, so I have to book the flight immediately.

Yes, you are welcome to attend.

Wed, 29 Jun 2005

 

Breath workshop - July 8-10


Hello Ed,

Is there a breath workshop on July 8 weekend? I did not see any info on TT website. If the workshop is being held, where do I sign up and find out the details?

You are a Workshop Graduate and may attend. 

Mon, 27 Jun 2005

 

Is a day chart different than an hour chart with ratio in mind?


Hello Ed,



I have been zooming in and out of charts and they seem to be the same and only deferent in ratio; isn’t trading systematically a lesser price frame provide a higher compounding rate? I am not talking about trading a tiny price frame, but maybe what matches our equity so that one can track daily or program into a trading system.


Ed, I have to mention what I said in my previous emails, beware of using “TIME” in trading, the only reliable mechanical part is the price and the only way to measure or trade a trend is to split it up into numeric price intervals, and time may not in any way determine the break-out or interval length, also price volatility cannot be measured because prediction is impossible, yet profit/loss volatility of the various traded securities can be used to balance the trading sizes between traded securities which leads to decrease equity volatility at account level by reducing risk at volatile securities while profitable securities are trending.

The point is that Time does not make money; therefore logically we may remove it from the trading system. Does it matter if the price moves from A to B in 1 day or 20 days? Logically it doesn’t because even the stop-losses on the way do not depend on time; they depend on the price movement.

Sorry to use non-compliant TTP language, I am working on my SVO-p slowly.

Higher frequency trading suffers from transactions costs that do not decline proportionately to the reduction in move size.

 

 

 

The Best Move in Many Endeavors

 

is, mostly, doing nothing.

 

 

Clip: http://www.klath.dk/Dino-hang.jpg

 

Mon, 27 Jun 2005

 

Marketing The Trading Tribe Book

Dear Mr. Seykota,

I believe [name] has told you that we are interested in selling your book The Trading Tribe on our website:

We specialize in finance and trading books and feel that your title would be a great addition to our site.


Please could you tell me what your terms and conditions are for trade sales.

Kind Regards

If I ever rewrite the book for the mass market, I may farm out the distribution.

 

 

The Trading Tribe Book

 

distributes only through this site.

Mon, 27 Jun 2005

 

Possibility of Changing  Behavior

 

Dear Ed,

I have read with interest your Q&A on the Trading Tribe website over the past two years. I also read the first chapter of your new book on the website. Both are very interesting!

My question is this:

Is it really possible for one to stop recurrent cycles of behavior, to change ???

Everything changes and adapts, as part of survival. TTP is a technique to facilitate adaptation.

 

 

Adaptation Rarely Occurs by Force

 

It is typically more subtle,

a matter of intention and grace.

 

Clip: http://evolution.berkeley.edu/

evosite/misconceps/IDtrying.shtml

Mon, 27 Jun 2005

 

Likes to Talk


Hello Ed,


Fred and CM way of communicating seems vague to me, maybe my feeling of vague derives from CM unwilling to experience understanding things which produces the feeling of vagueness.

When some chemicals in our brains are going from one form to the other in a natural way yet they get interrupted by an outside event and maintain state which keeps affecting us when the situation is deferent but the feeling is still there. Maybe for example I have a car accident and suffer pain, I may not drive a car again because I don’t want to experience danger, years later Fred may expose me to dangers in other situations trying to communicate the feeling of danger, the solution maybe simply to drive a car again and experience danger while weighing achievement over danger, just like how we assess risk in trading, we count the profit/loss ratio and not profits or losses separately.

Actually, maybe lying does the same thing. For example, if someone calls office saying he is sick while he is just lazy then Fred will try to communicate pain but of course it can’t because there is not physical pain, years forward he may experience Fred trying to communicate pain by unconsciously directing to physical danger. The cure for lying is to act truthfully causing the feeling of pain to be moved from Fred to the conscious mind by telling the truth. What I mean is that CM may not accept what is not there, like pretending being in pain causing Fred to keep trying to feel it.

I have heard that we can be our own enemy but never fully understood how it works, it’s actually the feelings we don’t communicate that clogs our logic while trying to get out, I mean just imagine we are willing to feel anything? It would be great because then nothing with remain in the mind, feelings will be fully experienced and disappear making space for other feelings to take place and this may lead to what we call being in the zone, which we actually don’t have a problem with our selves anymore but we react logically with the present task.

I my self talk a lot, most of my talk is not regarding the subject in hand, its not really abstract but I talk what comes to mind.  I used to feel great and achieve more, when it comes to office life no one puts effort to communicate which I don’t feel comfortable with what they call professionalism at the work place. They keep having social events like a fun day out and many others which most of the attendees just attend because they have to; it feels like dictating what to feel, I mean its called a “Fun Day”, what I mean is that it’s not real.

Commercials, Ads, TV, Movies and everything communicates feelings, is our lifestyle totally faulty? For example in Advertising I think that communicating benefits of the product is alright but telling us how to feel is not alright. I like trading because even though I see the historical trend on the chart I still know that my actions have to be generic and relative to simple probabilities which makes me feel good all the time because even though there are losses I know that I am doing the right thing because what is happening is within my probability range, what I mean is that my feelings are derived from logical a process and not from the profits at the end of the process.

Maybe writing to you makes me feel good and that is why I am doing so; you must be a good receiver.

Something I noticed in the movie “Fight Club”, I like this movie because it points out that no one is special but what we do is; another idea it communicates clearly is that we should always let our feelings out and experience our feelings.

You might consider asking your Tribe to help you get into your feelings of needing to ramble on and on.

 

 

Sometimes Talking On and On

 

can help to postpone

more intimate forms of communication.

 

Clip: http://www.vpul.upenn.edu/

ohe/library/Sexhealth/talking.htm

 

 

Mon, 27 Jun 2005

 

Getting Hot


Ed,

I recently took part in a Tribe and took myself to the hotseat for my first time. I know that I have many knots built up within me and I want to work on them to attain my right livelihood. So I sat down in the hot seat and was encouraged to feel my feelings.

 

I went through many forms and much heat. Hot hands, feet, legs etc. But I reached a form that I was uncomfortable in feeling. I became excited and physically aroused in the hot seat. Then I felt embarrassment at this feeling so tried to mask it and Fred was in control.


I went through these forms again and did reach a point where I hit some AHA's but don't feel I could fully approach the zero point.

 

I am now scared to go back into the hot seat if I again feel physically aroused and do not feel this is appropriate in a group meeting.

 

Maybe by motioning before the meeting that this happened before it will force me not to go through that form again. It is an embarrassing situation to be in.

 

Do you have any advice for me?

You might consider taking your feelings about your own sexuality as an entry point into TTP.

 

 

 

People Typically Have K-nots

about sex, money,

 

and everything else.

 

Clip: http://vanderbiltowc.wellsource.com/

dh_images/content622_birdsbees.gif

 

 

 

Sun, 26 Jun 2005

 

Breathwork Weekend

HI Ed,

Can I attend the breath work work-shop you are planning in the first week of July? Also, can I use that opportunity to attend the next Incline Village tribe meeting as well?


Since we would not have our tribe meeting for the next two months, I was hoping to get your tribe's help on approving my next snapshot.

I occasionally host Breathwork Weekends for Workshop Graduates who wish to extend and help document the work.

 

See the link, above to follow the results of the May 8-10 Breathwork in Incline Village.

Sun, 26 Jun 2005

 

Synchronicity


Hi Ed !

Thursday night the IV Tribe teases out some live housing issues while I am on the hot seat.

The next morning I read an email from our landlady informing us she would like to sell the house, so she would like us to move out. I notice the time and date stamp on the email: Thursday 8:34 pm. She writes and sends it as my hot seat concludes.

Hmmm ...

It all happens now.