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Oct 1 - 10, 2005
<==
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Questions
(Quotes
from Ed in Red)
|
Answers |
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Sun, 9 Oct 2005
Sugar #11
Hello Ed,
What does your
system say on entry and exit price? |
Trend Following systems do not speak
about entry and exit prices.
Trading at price levels is a methodology
that goes with fundamental analysis and/or trend fading systems.

Trend Following Systems Say Nothing
about the past or future
Clip:
http://users.cybercity.dk/
~dsl69320/D-StruktIV/The-Mute.jpg |
|
Sun, 9 Oct 2005
Math Typo
Hi Ed,
As per website, Equity from ACAGR:
Equity = OriginalEquity ^
(DateRangeInYears * CAGR)
The formula, as per definition of ACAGR, is:
Equity = OriginalEquity * (1 + ACAGR)^DateRangeInYears
|
Good Catch. The item now stands
correctly, with illustrative computational examples. |
|
Sat, 8 Oct 2005
DRAMA
yesterday and tomorrow
seduce me out of living
and deliver without effort
a gift which I decline
in my declination, incredulous am I
to be here once again
in a cul-de-sac of intricate design
The manic search for culprits
like a cyclone in my head
the eye of which cannot see
its beauty or its truth
The horror and frustration
provide
to my mind...
a rational torture
to my soul...
a place to grow |
Thank you for sharing your process.

In a Cyclone
the
eye is at the zero point
Clip:
http://agora.ex.nii.ac.jp/digital-typhoon/news/2003/ZOE/eye.jpg
|
|
Fri, 7 Oct 2005
ATR Formula
Ed,
I am not able to duplicate your ATR numbers using TradersStudio standard
functions for ATR, and apparently I don't understand the formula that you
are using, because I can't even calculate the ATR as it is in your log, with
the numbers in your log.
1. The ATR is 20 day, right? (Not 25, as in DaysToWarmUp =25)
2. How is "True Range" = "The Maximum Price Range During the Period Between
Two Closes" calculated? Are you using Max/Min of the Close only over the 20
days, or just the close only delta of 20 days ago?
3. This True Range above is then averaged but "AverageTrueRange" = "The Lag
of True Range" = "Also: The Moving Average of True Range". Is this a 20 day
Exponential Moving Average, or a simple 20 day Average?
4. Am I using the right metrics log for the 15/150 system? (Metrics_Log_0.0
2005 09 22.txt attached, which was downloaded from the web site on 9/22/05)
5. Using just the data in the Metrics_Log_0.0 2005 09 22.txt (attached).
What is the formula that you are using to get the answer ATR=11.472 on
05-07-22? |
The ATR for today is the greater of:
1. Today's
High - Today's Low.
2. Today's
High - Yesterday's Close.
3. Yesterday's
Close - Today's Low.
The "20 day" Lag of ATR uses a Time
Constant of (n + 1)/2 = 11.5 days.
See Resources at TSP, above for more
information.
|
|
Fri, 7 Oct
2005
401-Keg
Aluminum Investment
Theory
If you had purchased $1,000.00 of Nortel stock, it could now be worth about
$49.00.
With
Enron, you might have had only $16.50 left of the original $1,000.00.
With
WorldCom, you
would have had less than $5.00 left.
But ... if you had purchased $1,000.00
worth of beer
about a year or so ago, drank all of the beer, and then turned the cans in
for the aluminum
recycling REFUND fee, you would now have over $200.00 !!!
Based on this, the best current investment advice is; drink heavily and
recycle.
We could call this
plan; The 401-Keg plan. |
OK.

Investment Biker
Marketing her cans.
Clip:
http://www.bikernet.com/
bikebarn/PageViewer.asp?PageID=278
|
|
Thu, 06 Oct 2005
Using Excel for TSP
Hi Ed,
You mention that we can follow along on the trading system project by using
Excel. Being a beginner at Excel, do you have any suggestions on what
resources might provide an understanding on how to use it for our purposes?
I've been browsing the internet and reading about Excel quite a bit in its
help section, but can't seem to find the information that would allow me to
take the raw data and calculate the moving averages, the buy/sell points,
optimization, etc. I'm pretty much starting from scratch but willing to
learn. |
You might consider taking your feelings
of helplessness to your Tribe as an entry point.

For Some People
helplessness is a life style.
Clip:
http://helpless.fmconcepts.us/
guest/guest3.html |
|
Thu, 06 Oct 2005
Data Vendors
Ed - Which data vendors would you recommend for futures data? |
FAQ does not recommend commercial
products. See Ground Rules. |
|
Thu, 6 Oct 2005
Tribe Meeting Recap
Hello Ed,
At the most recent Tribe meeting, my snapshot, at best, is out of focus. My
fellow Tribe members do a great job of letting me know the latter and that
gets me into feeling my feelings for the remainder of the snapshot process.
I make the commitment to myself to bring more clarity to my snapshot and I
take the live feelings of having a fuzzy snapshot into the Tribe Meeting in
the evening.
Clear Snapshot
The name of my snapshot is “Sticking to My System”. I derive my snapshot
from a lifetime of experiences of not sticking to my system, or any system
for that matter, in some aspects of my life. I realize that as I stick to my
system in the NOW, life just seems to flow, things get simpler, and I’m
happier and have this feel food feeling most of the time. Things like
frustration, anxiety, second guessing and just plain general
“pissed-off-ness” melt away.
The intent of my snapshot is to get me the experience that sticking to my
system in trading demonstrates to me that I can stick to whatever system I
have the INTENT to stick with in my life. These “systems” in life are
endless and can include living healthy, being forthright and honest with
myself and others, growing my net worth and living a joyful, truthful and
Loving life. Thus, if I can stick to my trading system, I can stick to
whatever system I choose to do so as long as I have the INTENT to stick with
it.
The title to my snapshot is “Sticking to My System”. In my snapshot I
proudly hold a trade report detailing 20 trades that I take in accordance
with my trading system. I hold the report with my right hand. My knuckles on
the right hand are just above level with the top of my head so that my head
is slightly tilted upwards. My left arm is fully extended with a fist
clenched hard and veins popping out of my forearms, much like the fist pump
a baseball player makes as he rounds bases after hitting the game winning
homerun. I have a HUGE smile, and a very satisfied look, as I take in a
Trade Report that clearly shows me sticking to my system.
The Trade Report is composed from three data spreadsheets – ACTUAL, SYSTEM,
VARIANCE; with following details in each spreadsheet:
- Entry Date/Time
- Exit Date/Time
- Product Symbol
- Side of Trade (Long/Short)
- Quantity of contracts
- +/- Number of Points per Trade
- Gross Profit/Loss per Trade
- Net Profit/Loss per Trade
- Strategy for Trade
- Comments Section
The ACTUAL spreadsheet data is directly from my broker statement, SYSTEM
data is from SYSTEM generated signals, and VARIANCE is the delta between
ACTUAL and SYSTEM.
On the Trade Report there are seven rows:
1. Trade Number
2. Entry Date/Time
3. Exit Date/Time
4. Product Symbol
5. Side of Trade
6. Net Profit/Loss per Trade
7. Variance Between ACTUAL and SYSTEM Net Profit/Loss per Trade
The Trade Report clearly demonstrates that all ACTUAL trades are executed
from SYSTEM signals and any VARIANCE is minimal and due to slippage. There
is GREEN, showing positive number of points at the bottom ACTUAL points
column. My snapshot is NOW clear, “I stick to my system”, and it feels
great! I complete the 11th trade, attached is the most recent spreadsheets
and Trade Report.
The Tribe Meeting
The Process Manager (PM) is very focused and business like for this meeting.
We begin shortly after dinner with 10 members present. After a few hot seat
sessions by fellow participants, I take the feelings of having a fuzzy,
unfocused snapshot into the hot seat. I begin by describing the feelings of
having a blurry snapshot and I use my hands in an attempt to better describe
the feeling, the process manager jumps right in and tells me to do more of
what I’m doing with my hands, and then bam! Things get dark, and whatever it
is I’m doing, I just go faster and faster, it gets very dark and very hot,
darker and hotter, darker, and darker.
In prior hot seat sessions I stop to describe what I’m seeing, feeling or
going through. Ed reminds me that it’s probably best “just to go with it”
and not to articulate anything, to just get “more into the feeling”. I
follow Ed’s guidance for the present session and things just get darker and
hotter, I sense my body parts flinging all over the place and it just gets
hotter and darker. I just go faster and faster, with my hands and my body
just takes over. I get to a point and hear the Tribe encouraging me to “hold
it, right there, hold it, that’s it! HOLD it! RIDE it at the EDGE, HOLD it!”
I do and then I’m back, perspiration all over, I’m soaked. Just a few
minutes of this and I’m sweating more than I do after a 2 hour work out,
unreal fatigue.
I get right back into it after a brief time out. It gets hot again, and even
darker, I get a feeling in my chest, I begin to rub it, “…harder, faster!
There you go, great work! MORE! MORE!, etc…”. The tribe is great at
relentless validation. I get into the feelings and come back once more, same
stuff, dark, hot, body going wild and then in an instant I see whiteness,
out of nowhere, it is white, darkness is gone.
I begin to see into my body, like there’s a camera attached to my brain with
the lens pointed at me from outside my body and looking into me. I see a
pylon, very precise, being lowered into the core of my body, through the
frontal spine, just barreling down. It’s almost like a construction crew
lowering this massive pylon into the ground that will provide support for a
gigantic building. The pylon is barreling down into my body. I come back and
I’m awake.
My fellow tribe members check out and I describe the pylon as I check out. I
get an AHA as I realize that as I work on experiencing my feelings, the
pylon represents my mind opening a huge tunnel into my body so as to allow
the feelings access, or a way out of my body. Also, I realize that the
“construction crew” lowering the pylon was actually my mind leading the way
as it begins to embrace and facilitate (by ‘helping’ construct the tunnel)
alignment with Fred. This is good, the crack in the feelings dam is
breaking, I can hardly wait for the gush of feelings to come roaring out.
We break for the night and as usual I cannot sleep after tribe meetings.
Just toss and turn for hours until the sun comes up. It’s really weird,
because I hardly ever have a problems sleeping. In fact, I sleep more on the
short flight home than all night long after the meeting.
Ed, I say thank you to you because that is all I can really say. But part of
myself tells me that you get my “thank you” in some other form that I just
begin to understand but that my internal “construction crew” is aware of and
hurriedly trying to get to. Thank you to my fellow tribe members, I greatly
appreciate your effort and support. |
Thank you for sharing your process.

The Path is Generally Easy to See
and difficult to follow
Clip:
http://static.flickr.com/
26/38721678_42e0322140.jpg |
|
Thu, 6 Oct 2005
More Mandelbrot
In reply to Mon, 26 Sep 2005 FAQ I send you in attachment some images of our
first indicator base in fractal Mandelbrot formula.
We make some back testing with a good result but, like I said in the last
email, the indicator is good to tell us when the trend is bend not to give
as output signal. We don't like generate primary buy or sell signals with
this indicator. We use the indicator like a secondary signal.
I attachment a excel sheet with our first indicator testing in some
Portuguese stocks. A good result.
Zn+1=Zn^2+(x,yi
Xn+1=Xn^2+Yn^2+a
e
Yn+1=2XnYn+b
we make:
(C/V1)
(C/V2)
(C/V3)
C is Close Price and V1, V2 e V3 is the random variables.
|
You seem to have a rather loose
indicator, not a rigorous system. For an examples of actual systems,
see TSP, above.
Discretionary Indicators are generally playgrounds for Fred;
they lead to lots of Drama relating to trying to guess the non-existing
future.

Playgrounds are Good Places to Exercise
Not so good for trading.
Clip:
http://www.usma.edu/mwr/
ACTIVITY/OUTDOOR/PLAYGROUND.JPG
|
|
Wed, 5 Oct 2005
Typo
Ed,
On your link:
http://www.seykota.com/tribe/
TSP/EA/Exponential/index.htm
under
the heading Summary Chart you write:
For double moving average systems with the fast TC = 5%, values of slow TC
below 50% are profitable. See seventh line.
I think the results are in the second line.
Thank you for a great site. |
Thank you for the catch. The 3-rd
line holds the result. |
|
Wed, 5 Oct 2005
Sharp Eye
Dear Ed,
I'm just here to say I'm very thankful for the contributor for his recent
FAQ (Testimonial, 9/21/05). He puts his experience clearly and vividly that
I feel like I go through the experience with him. It's so good that I read
it through carefully, word by word - highly unusual for me. I've learned
tremendously and I'm very grateful. I too want to give him a big hug as an
encouragment, for his commitment, going through all the ups and downs, and
sharing his ahas. I admire his honesty and openness. Hearing his words
inspire me and I now also proclaim my genuine intention to commit to
honoring and validating my feelings, EVERY feeling, and others' feelings as
well.
Now here are my questions. The author suggests that "support people by
encouraging them to keep doing what they are doing. Even in situations where
I can see a potentially negative outcome." I can see how doing so is
validating them and their feelings.
However, what if the person is an
alcohol-abuse spouse/parent? I don't think I can encourage such behavior, as
it may be very destructive to those around him. (Although according to the
Responsibility Model, the alcholic's family - including his infant son who
cannot even walk yet - is also responsible for getting abused by his drunken
father). Am I misinterpreting, or is it that I'm still holding some
judgement?
What about in a situation where I hurt other people's feelings? Say I make a
comment and others feel deeply hurt. Do I support her to feel the hurt
feelings by giving more abrasive comments? (That sounds absurd to me) I'm
guessing I can share my feelings with her ("I feel sorry for hurting your
feeling"), but what if she refuses to listen (cover her ears, turn her back
against me, run away, not answering...)? Do I then encourage and strengthen
her refusal of ignoring me by ignoring her? (That sounds even worse) I very
much appreciate your insights, Ed. Many thanks.
-----
P.S.
I also enclose some possible (very minor) grammatical mistakes that I find,
since the author asks for feedbacks on such mistakes I just try to help and
contribute in whatever way I can. I'm usually not a good grammar person, and
I'm surprised that I read his testimonal so closely, in such details, word
by word, that I manage to discover some possible trivial mistakes.
"I recall roll playing a situation with Ed"
roll playing -> role playing
"I start becoming more clear"
more clear -> clearer
"Immediately I start feeling my ex-girlfriends feelings"
ex-girlfriends -> ex-girlfriend's
"After I Breathwork is over and I come back to earth"
After I Breathwork -> After Breathwork
"She agrees that she is wants to get clear"
she is wants -> she wants
"For the last four years I have been so controlling that I did allow you to
feel that feeling"
I did allow -> I didn't allow |
Thank you for the corrections.
Incidentally, you have a few of your own, now in blue.
You might consider taking your fear of
hurting someone else's feelings to your Tribe as an entry point. By
the way, I wonder how you think you might go about hurting someone else's
pain.
Since you seem to have sharp eyes, you
might enjoy this puzzle:

TT Puzzle Corner
See if you can spot the hidden car.
Clip:
http://www.mozartsghostonline.com/
image/findcar.jpg
|
|
Tue, 4 Oct 2005
German Translation of TTP -
the Trading Tribe Process
Dear Chief,
In order to grow the Austrian tribe and to promote TTP in the German
speaking world I translate the TTP-The Trading Tribe Process into German.
I set up a webspace (non-commercial).
http://tradingtribe.airmode.de
Your introductory paper TTP-The Trading Tribe Process is in German on
http://tradingtribe.airmode.de/prozess.html . |
Sehr nett! Jetzt haben wir ein deutsch
Übersetzung für das Verfahren.

The Trading Tribe Book
Now available in
English, Canadian, British and
Australian |
|
Tue, 04 Oct 2005
The Slippery
Slope
What’s as important to realize as that we have a dictatorship is why we
now have one.
Surely, this can be seen as simply the latest twist in the
same old game of power and corruption that’s been playing itself out since
the founding of the Republic—no, since the beginning of civilization itself.
But there’s more. Now the folks in charge realize that it will soon be
impossible to maintain the entitlements that have enabled the U.S. to
function as a quasi-democracy for many long.
If a minority is to preserve
its comforts, this will be at the expense of shattered living standards for
the majority.
The only way to keep a lid on such circumstances, the elites
have evidently concluded, is with brutal force. For a time, a large segment
of the population can be cajoled into supporting the regime by cowing the
media and shaping its messages, and by manipulating hot-button issues
(religion, sex, and terrorism) in the political arena.
But in the end
popular support is optional.
|
You might take your feelings about
government to your Tribe as an entry point.

Riding Down The Slippery Slope
Lots of Fun for the Entire Family
While it Lasts.
Clip:
http://image.guardian.co.uk/
sysimages/Guardian/Pix/gallery/
2005/04/06/rainsledd.jpg |
|
Mon, 3 Oct 2005
Snapshot
Dear Ed,
You might consider including "snapshot" in the TTP glossary. The glossary is
helpful to me. Thanks.
|
The item now appears in the glossary. |
|
Mon, 3 Oct 2005
Hotseat
At our last tribe meeting I arrive for the afternoon session feeling quite
excited. We begin to go through the snapshot process, and as I explain where
I am with it, I feel anxious and nervous.
Later on in the evening the tribe meeting begins. I feel the anxiety and a
swirling in my chest. I volunteer to take the hotseat. The process manager
suggests I get into the feeling in my chest. I begin to squeeze my arms
inward, press on my chest, and extend my legs. I feel immense pressure and
pain in my heart. I recall the night before going through the wedding
pictures with my wife and seeing my parents who divorced several years back.
I feel my mother's pain, pain we discussed for the first time less than a
week before. I feel I never really received her feelings before, only on the
surface. I have always had the urge to have her be happy or make her happy
but never to receive her feelings.
I go through a handful of forms and the process manager suggests I begin to
integrate them. Upon integrating them, I feel transported through the back
of my seat into an incredible state of bliss. These feelings have likely
been repressed since I was a kid and the feeling of letting them up is
liberating.
I notice since the hotseat a conversation with my mother is much deeper and
much more meaningful. I feel we have begun communicating on a whole new
level. I notice since practicing TTP my relationship with both of my parents
has dramatically improved. We are much more open and supportive of each
other. Dramas, I am now aware I used to create, are unnecessary now. I
commit to work to improve all my relationships.
Thanks, |
Thank you for sharing your process. |
|
Mon, 3 Oct 2005
Comfortable
Thanks for the reply, sir.
I've written my own function to flag limit up/downs. When I finish, I start
thinking - what is the right thing to do once I am in a limit up position
trying to buy? OK, under the trend-following principle, my only concern is
to follow the trend, and so I just keep updating buy orders until I get
filled. After one day of limit up, no problem. Two days, no problem. Three
days, I'm guessing there is small hesitation. What about a week? Can I
comfortably buy after it has gone a week of limit-ups? What about two
weeks?
I see myself having doubts if I am in a situation to buy after days after
days after days of limit ups. I feel like missing out on the trade. In those
particular conditions, there is a huge selection bias that the very fact
that I get filled likely means that the move is over. (If I'm trying to
hop on a runaway train, but it won't let me get on in its initial burst and
I'm trying to catch-up, then logically if I do catch it up it just indicates
that it must have slowed down significantly).
Can you please share some of your experience?
Thanks. |
Playing for comfort and searching for
meanings are both counterproductive to Trend Following.
You might take your concerns to your
Tribe as entry points.

Getting Comfortable
is
one way to make sure
you
miss some good moves.
Clip:
http://freespace.virgin.net/
leo.link/photos/comfortable.jpg |
|
Mon, 03 Oct 2005
Freedom
Ed,
I am recently introduced to TTP. Breathwork, hot seat/reception, NLP and
other techniques are similar to some I have become familiar with and
attached to as a function of getting sober.
I am encouraged to find a capitalist allowing for the weave
of whole person with the profitability of mature behavior in the markets.
How vital do you consider the grasp of calculus and C++ programming language
to be in the pursuit of success in futures trading?
Grateful to life for the introduction to your fine work. |
Thank you for sharing your path.
Many positions in the futures industry
do not require knowledge of calculus or programming.
Even in the analytical areas, C++ is
becoming less necessary. Basic, C, C++, C#, Excel and other languages seem
to be merging into a common foundation language.
Sobriety is essential in pursuing TTP
and other spiritual paths. Using inhibits key functions essential to working
through k-nots.

Freedom of Motion

Freedom of Speech

Freedom From Using
is the best high
next to Free Enterprise,
of course.
Clips:
http://www.arizonahealingtours.com/
shamanic/soulj.html
http://weekendpundit.blogmosis.com/
images/Freedom%20Of%20Speech%20
rockwell%20388x480.jpg
http://www.amherst.edu/~ambt/getting-high.jpg |
|
Mon, 3 Oct 2005
Defiance, Quitting and Stuffing
Hi Ed,
It is 2 weeks since the last meeting and yet again I fail to honor my
commitment to eat well and regularly exercise. There is not much for me to
contribute to our snapshot review session other than to be honest and open
about how I do nothing to work toward my snapshot.
In the evening I am the first member to take the hotseat. The willingness to
take the seat is a big step, but immediately my normal defense mechanisms go
to work.
I get into a form and the tribe supports me and encourages me
to do more. Unfortunately this has the opposite effect and I quickly stuff
the feelings and come out of the form. The tribe tries various attempts to
alternatively provoke and encourage me.
A strong feeling of DON'T TELL ME WHAT TO DO comes up. The
tribe encourages me to get into that feeling, but all I want to do is tell
everyone to "shut the f--- up and don't tell me what to do." There is
emotion, feeling as well as a form behind this but as quick as the feelings
come up I do my best to put a lid on them and put myself in a calm place
back on my seat.
The tribe picks up that DEFIANCE and QUITTING are two things that I really
enjoy. In the real world rather than experience defiance, quitting and
various others feelings I use food to stuff my feelings.
In an ideal TTP world I experience these feelings fully with
the support of the tribe and untie the knots. I am unable and unwilling to
go further at this meeting ... intention = result . The process manager
explains I can untie the knots. The thing to do is try very hard and
experience the feelings that go with trying very hard not to untie the
knots. As the conscience mind kicks in that certainly is a difficult concept
to handle.
Since Oct '03 I attend 2 workshops, 2 Breathwork sessions and regular tribe
meetings. I question 'WHY' I still have the same issues and do not improve.
The process manager explains that TTP is not a cure, but
rather an on going process. This makes a lot of sense to me and when I
return home and re-read the Trading Tribe book chapter titled Why Questions
Don't Work I am even more clear. There is more work to do and I continue my
commitment to TTP.
Thanks, |
Thank you for sharing your process.
K-nots that involve inter-locking forms
such as defiance, stuffing and quitting yield to loosening one part, then
another, then another until the whole k-not spills.
It seems you are coming more and more
out of denial and addressing the issues.

Cleopatra Dies
and finally gives up being
the Queen of Denial
Clip:
http://www.illusionsgallery.com/
Death-Cleopatra.html
|
|
Mon, 03 Oct 2005
New Zealand
Hello Ed - from New Zealand,
I see there is no Intentional Community here. You suggested starting one.
What would be involved in doing that?
Sincerely, |
See the Directory Page, above. |
|
Sun, 2 Oct 2005
Fear of
Judgment
I would like to ask the price of the upcoming TT Workshop.
I would also like
to request a conversation with you to discuss the issues I would like to
work on in tribe meetings.
I feel anxiety
that the others at meetings will judge me. I often made decisions due to the
fear of being judged by others. I sabotage my efforts at becoming more
successful. I commit to change the fact that I sabotage my efforts by
attending the next TTP Workshop.
I was very
inspired by the post on Wed, 21 Sep 2005. I thank you for acknowledging my
feelings. |
I am currently formulating a theme and
price for the workshop.
If you want private consulting, see the
bottom of the FAQ Index and Ground Rules Page.
You might consider taking your feelings
about judgment to your Tribe as an entry point.

Judgment Day
Clip:
http://www.suite101.com/files/articles/
116000%5C116479/Dieric%20Bouts%20
the%20Elder.%20Hell.jpg |
|
Sun, 2 Oct 2005
Commitment
Hi Chief!
I am already experiencing the beauty of Intention = result. I wanted someone
to form a trading tribe and now there is one.
I commit to re-view (re-read) the Trading Tribe book.
I commit to saving the money to pay for the next TT Workshop.
I commit to join the next Trading Tribe Workshop.
I commit to send you weekly updates of Atlanta Tribe and my personal
progress.
|
OK. |
|
Sun, 2 Oct 2005
Breathwork
Ed,
Are you planning another Breathwork weekend before the end of the year? |
Likely. |
|
Sun, 2 Oct 2005
DIM Process - Doing It Myself
Dear Ed,
This is the first time I write to you. I learn about you like
many of us who read your FAQs, through the Market Wizards book. Thank you,
sincerely, for your efforts in making all this possible.
To make this message brief, please allow me to get right to
it.
This evening I take a 3 mile walk and decide to incorporate
deep, continuous breathing to my exercise. My walk pace is comfortable such
that it allows me to explore whatever feelings may appear without
distractions (or so I think). It takes me about 51 minutes to complete it. I
don't know anything about Holotropic Breathing. All I know is how to breathe
to stay alive and Fred takes care of that.
I notice at first that I have problems concentrating on my
diaphragmatic breathing and a couple of times in the course of my walk I
distract myself with the surrounding area and without noticing I go back to
my normal breathing. I then correct myself.
After a good 15 minutes, I start getting into a current
emotional issue that bothers me beyond anything else I feel in years. I
don't know how to deal with it. Where I live in [Country] there are no
trading tribes. It's through my nephew, who lives in [USA], that I order
your book this summer. One of my daughters, a friend of hers and I, have our
first tribe meeting this coming week. We all have issues, but after
discussing what we want to explore in our sessions, we conclude it's me who
really needs the help.
As I continue walking and breathing deep and continuous, my
current emotional conflict starts surfacing and soon I find myself feeling
the usual, ugly emotional pain, but without experiencing any somatic
feeling. However, tears are streaming out of my eyes as feelings of sadness
and impotence overwhelm me.
Toward the last part of my walk, I have what I think is a
major Aha that allows me to feel good about the feeling that's been
tormenting me for the last few months. This is really exciting because for
the first time since I start reading your FAQs in 2003, I can finally relate
to what I constantly read on your site.
Although the feeling is good and the clarity is welcome, I
have doubts about what is really happening. For one, I am a desperate man
who in dire need of help is trying to achieve certain results by doing
something I don't know anything about.
The breathing exploration I do as I walk tonight is just an
experiment, a cry for help if I may, to find a way to alleviate an ugly
feeling fueled by what I call, my emotional inadequacies. I don't even know
if I'm breathing right.
I get what to me seems to be a major Aha because I feel much
better about my issue and the people involved in it toward the end of my
walk, but by the same token, given that this particular issue has been such
a big player in my emotional life these past few months, I doubt getting an
Aha is possible so easily and under those circumstances. If I sound vague, I
apologize; I'm trying to save space and your time if you get to read this.
It's over 3 hours since I finished walking. The issue that
torments me is still with me, but its volume and its disruptive effects are
only a small portion of their usual selves. And yes, I can feel its positive
intention, it makes perfect sense and I embrace it and accept it. However,
something is still left in there, and the reason behind my writing to you,
are the following questions: Is my Aha for real? Is it only a partial Aha?
Is there a healing process taking place in this case, but somehow still
remains incomplete?
I decide to walk and breathe as opposed to try my own
dopey version of Holotropic Breathing by myself, alone, at home. It
scares the heck out of me to imagine what Fred may send out to greet me.
I am a total stranger to you, but you have no idea how close
and familiar you are to us. |
TTP is not about deciding who needs
help. It is about trading turns validating each other and experiencing
forms.
TTP is not about taking walks and
breathing by ourselves. It is about meeting as a Tribe and accepting the
support of others.
You might take your issues of wanting to
do it by yourself to your Tribe.

While Quality Alone Time
is essential
it is incidental to TTP.
Clip:
http://www.birthmombuds.com/i_cry.htm
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Sat, 1 Oct 2005
Orlando
Good day,
I would like your permission to start a "Trading Tribe" in Orlando Florida.
Thanks for your time and best wishes,
|

Welcome
Orlando
Florida
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Sat, 1 Oct 2005
Mumbling
Ed,
During our last afternoon snapshot process, and during a few other previous
snapshot processes, our process manager noticed that when I describe my
snapshot, I mumble. Further, I look down at my paper and not at other
members of the group. In other settings, I do not do this. But here, I do. I
decide to take my mumbling to the hotseat later that evening.
I raise my hand to volunteer to go on the hotseat, The project manager
suggests I get into the feeling of wanting to mumble by mumbling to the
group. I begin to mumble and notice I really don’t like it. The project
manager comments that the fact that I don’t like it creates the need for me
to do it. He, along with the tribe, helps me find the feeling behind my
negative judgment about my mumbling.
I begin to scream and shake my fists, stomp my feet and crunch into a ball
as I get into the hate behind the judgment that I don’t like to mumble. I do
this for a while as I enjoy it and the feeling passes. I get much validation
and reinforcement from my tribe members while I do this. Once this passes I
go back to the mumbling and find that I can celebrate it and really get into
it. The project manager suggests that I have fun with the mumbling and
really enjoy it. So I really get into having fun with the mumbling. I mumble
many different ways and start laughing in the process. Many in the tribe
laugh as well with my creative ways to mumble. I feel like a professional
mumbler.
The project manager suggests that I put my forms together: fists, stomping,
crunching, and mumbling all at the same time. I do this four times. Each
time the intensity of the feelings decreases a little bit, but I don't feel
like I exhaust the feelings. On the fifth time, I fall and roll to the floor
in a ball. I land on my back clutching my knees. The tribe cheers me on.
Everything releases and I lay on the floor with my legs and arms
outstretched in a very peaceful position. I feel I make friends with my
mumbling. I look forward to the next tribe snapshot afternoon meeting to see
what happens. If the mumbling comes, I intend to fully experience and
celebrate the feeling in the moment. This is something I have never done but
for the hotseat. |
Thank you for sharing your process.

When You Don't Have a Straight Answer
mumble
CLip:
http://www.jimboren.com/inataprobuhead.gif |
|
Sat, 1 Oct 2005
Complication
Hi Don Eduardo:
Ed says on September 26:
Complex is sometimes just an attempt to hide.
This comment of yours caught my attention.
Although I respect and admire Dr. William Eckhardt for his knowledge in the
scientific field, I feel he tries to make simple things as complicated as
possible with comments like:
“There is no doubt the game has become much more
difficult” – The New Market Wizards . Meaning that mechanical trading
systems do not work as well as in the past."
Another one:
"...Eventually artificial intelligence devices,
superior to any human researcher, will effectively uncover all exploitable
nonlinear relationships of price to price. Such relationships will be mined
until technical analysis is no longer profitable. There is an irony in that
dogmatic" random walk" theorists, dead wrong for a century, will turn out to
have been prescient--futures markets will have been driven to randomness.
The process has already begun.
I feel these developments are nearly assured (assuming no disruption of
civilization). What is less clear is whether this will happen as rapidly as
I predict -- in 10 to 20 years. In the meantime, profitable trading will
only get harder as increasingly more astute traders pursue Progressively
weaker statistical regularities. This is why it is necessary for a CTA
continually to improve just to hold his or her own. The only consolation I
can offer is that there are profits to be made participating in this process
of randomization ..."
http://www.visoracle.com/swingtrend/random-walk.html
Perhaps he is unconsciously becoming a future futures trader instead of a
present futures trader .
Regards, |
You might consider addressing your
concerns to Dr. Eckhardt.

Sometimes Complication Adds
little more than
confusion
Clip:
www.jameswjohnson.com/
paint02/confusing.htm |
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Sat, 1 Oct 2005
Allocators
As of the 1st day of September, 2005, I report total assets under management
as $394,727.
In September I raise a bit (about $45,000) of new money from an existing
client. I continue to present my program to CTA allocators and people in the
industry as well as high net worth individuals. So far, I have more
promising responses from wealthy individuals than I do from traditional
allocators.
I am pleased to have an up month for September, and I feel like my program
is hitting pretty much on all cylinders since I expand the portfolio to
include all the markets I wish to trade. I sense that the main way to
improve performance now is to raise more assets.
In October, I plan to find new people to share the story of my business with
and to ask them to invest with me.
I continue to commit to report to you as my support team until I achieve and
report USD 5 million under my management.
|
Hmmm ... you are raising new money at a
rate of about 13% per month. That's a gain of over 300% per year.

Exponential Growth
compounds quickly at 300% per year.
You
can also make a fortune
compounding at 2% per year
although many people
have trouble sitting through
the
first 400 years.
Clip:
http://users.rcn.com/jkimball.ma.ultranet/
BiologyPages/E/exponential_growth.gif |
|
Sat, 01 Oct 2005
Trading System
Project
Hello again Ed,
Hope it isn't too late to join in on the trading system project! I should be
receiving my system testing program in a couple days.
I'm rather new to
creating and testing parameters but I'm working hard to understand the info
you have included about the project. I can hardly wait! |
You can follow along with a spreadsheet
program.

Spreadsheet Programs
have enough features
to
follow along with TSP
and
enable you to see
under the hood.
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