|
Questions
(Quotes
from Ed in Red)
|
Answers |
|
Thu, 10 Aug
2006
TSP Correction
Hi Ed,
As I am sharpening up some of my language of the industry and I notice
your sentence
http://www.seykota.com/tribe/TSP/EA/index.htm
>Position Sizing, last sentence.
"The system carries positions in $1 / handle lots and rounds to the
nearest 500 lots, representing one contract"
My guess is that you probably mean >>"The system carries positions in $1
/ handle lots and rounds to the nearest 500 CONTRACTS, representing one
LOT".
One further note, if I look at the metrics log
http://www.seykota.com/tribe/TSP/EA/
2005_u_11_EA_System/Trade_Log_0-0.txt
I notice that you are really rounding to the nearest 250 contracts. So I
believe your intention for the sentence is:
"The system carries positions in $1 / handle lots and rounds to the
nearest 250 CONTRACTS, representing one LOT".
Again, my intention is for clarity (mostly my own) and I appreciate the
education in TTP and TSP. |
Thank you for
the catch.
The system carries positions in $1 / handle lots and
rounds to the nearest 250 lots, representing one S&P 500 contract. |
|
Thu, 10 Aug
2006
Puzzling
Reflections
Ed,
Is it two
puzzle pieces that try to fit together? Or, is it only one puzzle piece
that try to align itself with its own reflection?
I would not
mind building a house by a lake and spending my life there, perhaps like
Jung. |
You might consider taking the
duality into the Polarity Process.

Reflections
Clip:
http://www.mathcurve.com/courbes3d/
anamorphose/anamorphose%20escher.jpg |
|
Thu, 10 Aug
2006
System
Design
Dear Ed,
Please find attached a file containing my paper relating to the question
of testing for robustness Also please find attached a file ... contains
a modification of my system and statistics.
The result of writing the paper on robustness brings clarity about my
process for back-testing which I now believe to be 'incorrect'. Hence
the system you receive from my email on 25/07/06 is not robust.
I realize my "filter" adds no value when compared to trading a straight
forward long term simple Donchian breakout system. I have learnt that
the willingness to follow a very long term simple trading system
extinguishes many trading hazards such as slippage, commissions,
overtrading and predicting.
I acknowledge that 'the flip side to this coin' in following a long
term system takes you through some very emotional terrain, that most are
unwilling to experience. Whatever comes up, I now feel willing.
Right Now
I notice that I feel unclear about my margin to equity ratio approach to
back-testing. I use current margin rates for historical back testing and
do not account for SPAN margining in futures. I suspect my current
approach might make my margin to equity ratio much higher than it is in
reality.
I feel unclear about how to choose the right markets to trade, whether
to take a fixed basket of instruments or to have a filter that selects
them, I also wonder if pattern recognition might enhance selection. I am
also thinking about best way to start the system, whether to wait for
each new signal (danger here is the portfolio loses its diversification
for a period in the beginning and also might not participate in a trend)
or enter all position with adjusted risk sizes to the exits stops, this
might cause potentially large drawdown as risk/reward is not as
attractive when entering at such a random level.
My approach does not address pyramiding into a position as it trends; I
wonder if this might improve results.
As a result of the Cambridge workshop I notice a lot of tasks I do in my
day are meaningless and do not propel me forward in my life / career;
they just pass time. I stop doing these tasks, I focus on my system and
think a lot about robustness. I find my process of study and thinking
ignites some incredibly intense dreams at night, and I find I get a lot
of insights out of nowhere in my thoughts.
Ed, my system is not complete I want to learn more and complete it and
stick to it. Please let me know your thoughts on all of this, I am very
grateful for this opportunity to submit some work to you. I value your
opinion on my system and I would very much like to join as an associate
and learn lots more. |
You seem to be are addressing the
essential issues.
You might consider taking the
feelings you have about these puzzles to your Tribe as an entry point.
Alternatively, you might consider
joining the Associates Program.

Sticking to a System
can take you over
some pretty rough terrain.
Clip:
http://www.geology.smu.edu/~dpa-www/robo/jbot/jbot_rough_02.jpg
|
|
Thu, 10 Aug
2006
Videos of TTP meetings
Hi Ed,
would you consider including a section on the website where tribes could
put videos of their meetings. I think this might be useful for other
tribes or individual members to see.
maybe tribes interested in doing so, needn't go to the trouble of the
"production" of a whole meeting but just filming parts of a meeting eg.
a hardball session or a hot seat, which would be simple to do.
|
Thank you for your offer.
TTP sessions are intensely personal
and private.
What goes on in a Tribe Meeting
stays in the Tribe meeting.
If you would like to produce a video
of a TTP session and send me:
1. a video
file of the session, such as mpeg.
2.
permission to publish it from all parties on the video (signature
and notary), and
3.
FAQ-style report from each participant about their experience of the
session
I can consider posting it. |
|
Thu, 10 Aug
2006
Donchian
Update Please
Dear Mr. Seykota,
I would please you to update the Donchian system on the chart server for
the months of May, June and July.
Thank you very much!
|
Yes. |
|
Thu, 10 Aug
2006
Drawdown
Danger
Hi Ed,
I am a professional trader from [country]. I had several seminars with
[trading coach] and [other trading coach] many years ago.
here my question: is it true that you had a drawdown of 50% years ago
and stopped trading? and if so, what caused this?
I know my question is direct, its up to you to answer. I had myself this
kind of drawdown in my early years, and still feel it never can happen
to me again. so it would be important for me to know if somebody
successful like you is still in the danger of such a drawdown-which will
also be a warning for me ...
best regards
|
FAQ does not post trader performance
or reveal personal information.
You might consider taking your
feelings about danger to your Tribe as an entry point.

The danger you experience about the markets
depends on the markets
and mostly on you.
Clip:
http://www.allposters.com/-sp/
Danger-Skull-Do-Not-Enter-Posters_i1334145_.htm |
|
Wed, 9 Aug
2006
Going Short
Dear Ed,
I enjoy reading FAQ and like the pictures you find to accompany many of
your responses!
I have done something very simple recently that I expect will improve my
operations as a trader - I have begun to trade from the short side at
times. I have previously always traded from the long side. Desire
for action and my inability to sit through bear markets has led me to
expose my capital to the market when it would have been better to hold
it back or to be short. I have always depended on the market to rise to
obtain a profit.
Obviously markets do not trend up continually. Wouldn't it be better for
me not to be long when they are moving sideways or down? This is clear,
but I could not accept the conclusion because of what I believed was the
proper way to trade - that is to be long; and to be always active. I was
trying to force the market to do what I needed.
For me, being willing to trade short means that I can view the market
realistically instead of trying to force my "hopes" or "desires" onto
it. Sometimes the market goes up and sometimes it goes down. It is very
freeing to stop trying to control the market - all I must do is properly
observe what it is doing and then to align myself with it.
I think I was scared to begin trading short because many people say it
is risky and dangerous - something only for professionals or expert
traders. This discouraged me. I've always been afraid to try new things
in life and this is one experience that I will learn from and apply to
other aspects of my life. I also know I am a controlling person and this
is another behavior and attitude I will attempt to change (actually I
have been working on this for years and my wife says I am getting better
with). Being scared to try new things and controlling the things you can
are likely closely related.
I think we all start out in the markets because we want to make money
but along the way I have been surprised that there is a whole bunch we
learn about ourselves that can be a benefit to us and to those around us
that is not necessarily
monetary.
Thank you for listening
|
Thank you for sharing your process.
Yes, The short side works pretty
well during bear markets. |
|
Wed, 9 Aug
2006
Keeps Commitment to Work Out
and meets a Nice Girl
Ed,
I want to tell you that I have joined a gym as per a
snapshot. I wake early today and work out before
heading to the office and feel very good. I feel good
from the workout and from following through on my
commitment to join a gym. The snapshot process is
instrumental for me. The steps I take are now smaller
and realistic. I weigh 222 on my home scale. I'll
keep you posted on my progress and I appreciate all of
your efforts.
Bonus: I meet a cute and nice girl during the joining
process and have a drink with her. She never met a
trader before.
Thanks for your commitment, |
Thank you for sharing your process.

A Bonus Often Arrives
while you are busy
keeping your commitments.
Clip:
http://www.the-firm-body-sculpting-
system.com/situps.jpg |
|
Wed, 09 Aug
2006
Long and Short
Dear Mr. Seykota
I have read both Market Wizards books from Jack D. Schwager which
sparked my
interest to try trading in a structured way, with a system rather than
just
guessing and 'investing' on the basis of my gut feeling.
I am not a mathematician or physicist and I do not have any software
developing skills. My rules are quite simple, robust and reliable -
written
on paper.
The results are better than I imagined when I started trading.
However, I get more and more interested and fascinated from trading in a
structured, systematic way I and would love to learn more.
I was reading on your Trading Tribe page, section Trading Systems
Project/A
Simple Exponential Crossover System/Posture. You write that the system
trades the long side only, never short. May I ask why? Is this system
unsuitable for going short?
Many thanks for your time. |
The system goes long only. You might
like to back-test it on the short side for comparison. |
|
Wed, 09 Aug
2006
Faithful and K-Not Faithful
Dear Ed,
I feel so lonely and empty.
I am a successful trader. I am financially
secure. I have a beautiful girlfriend who I love dearly.
After many
years of
being happy together she recently left me: I marry her, we have babies,
or
she will never see me again.
The pain is unbearable. I am unable to
commit
to her, even though I love her so much. The thought of getting married,
of
having babies terrifies me. I’m terrified of loosing my freedom. I’m
terrified of ruining a marriage.
I can’t imagine never being intimate
with
any other women for the rest of my life. I can’t imagine being without
my
girlfriend for the rest of my life.
I don’t believe in unfaithful
marriages.
My parent’s marriage was destroyed this way when I was a young child. My
partner is honest, kind and loyal, yet I find myself drawn like a magnet
to
unfaithful devious manipulators. Ed, please how do I resolve this pain?
Best regards |
You might consider taking your
feelings of pain to your Tribe as an entry point.

Old Faithful Geyser
in Yellowstone National Park
goes off every 20-30 minutes.
Old, unfaithful partners
go off maybe a couple times a week.
Clip:
http://www.carto.net/andre.mw/photos/
1996/07/02_usa/1996070740_wy_old_faithful.jpg
|
|
Tue, 8 Aug
2006
Are You An Engineer?
Ed, I have a theory about being an engineer (mostly based in experience
as I am an engineer).
An engineer is typically a very intelligent person, quick with logic,
able to chain together the casual world with ease.
an engineer can excel in school as a child/young adult, as most schools
test these traits. Algebra, dimensional analysis, and a little problem
solving and you can figure out 90% of the answer for partial credit and
pass with little studying.
As a child/young adult, a gifted engineer may not spend a proportionate
time properly engaging his feelings with friends and mates. Causal logic
and problem solving is too satisfying.
Now take a very intelligent and capable engineer, throw in a childhood
dysfunctional family unit (with regard to supporting personal feelings),
let this engineer grow into adulthood, have lots of success with math,
causation, etc. All along the void of support with personal feelings
knows at the engineer. It is a painful scratch that the engineer one day
begins to spend a lot of time and energy on to understand. Being highly
intelligent, he figures out some simple relationships concerning fully
receiving his (and others) feelings. The engineer shares these insights
with others. The engineer makes valuable contributions in a field he
supposedly had no training in, but he just so happened to have all the
resources to the testing lab he could ever wish for, and the patience,
perception, and persistence to just plain figure it out.
Does this theory sound plausible? I have not made many valuable
contributions yet, but I have the first parts down pat. I now clearly
see the mechanisms, because of TTP and your workshop, to make a few
valuable contributions regarding my and other’s feelings and look very
much foreword to doing so. Thank you for the education and the insights. |
Yes, I hold a degree in Electrical
Engineering from MIT.

The Best Engineers
keep the wonder.
Clip:
http://www.yacwa.com/bycx/Lil-Engineer.jpg |
|
Tue, 8 Aug
2006
Cambridge Workshop Feedback
Living Free of Cancer
Ed, I personally thank you very much and the rest of the participants of
the Cambridge workshop. Charles is a very sharp man and Jason added a
very real and perceptible example. The workshop completed a long
personal journey for me.
A little background is in order here. I read a book “The Teachings of
Don Juan” a mere 29 years ago, as a young teenager struggling to adapt
to the challenges of adulthood. I experienced real, perceptible,
physical changes in my mental processes as I read this book while also
working diligently at thinking in the “now.”
These physical changes were
unlike anything I had experienced before. Popping and cracking
sensations in my mind accompanied by simple and clear insights are the
best way for me to describe them, and a very powerful tonic for a
struggling young man.
Twenty-nine years later, after reading and thinking, practicing
meditation, thinking a lot more, and all the time pursuing and
wondering, I have fortunately come upon another simple, clear and
concise message.
This message is from you, the basis of TTP, the
relationship between Fred, the conscious mind, drama, k-nots, and most
importantly how things work. I cannot say I can’t thank you enough. I
can clearly say thank you for making a very valuable and highly
treasured contribution to my life.
I also clearly see why so many other
tribes have participated in their group gatherings for so many centuries
worldwide, but for some reason this is lost in so many of our “modern”
cultures, dominated by the causal world.
The snapshot you helped me with, to live cancer free for the rest of my
life, now seems to me, a certainty. I do not wonder about that aspect of
my health at all, except to fully feel the feelings of successfully
accomplishing the snapshot, then I am on to other endeavors with renewed
vigor. It is so easy. The grandest thank you is in order.
Since the workshop, I have completed a 29-year long wondering by reading
your book and more importantly attending the workshop. Your
communication style is very admirable, effective, and very fundamentally
rooted in science. Your simple description of the dynamic relationship
that exists between our subconscious and conscious minds is a great
accomplishment. Your concepts are not theories, they are too well
founded.
If a reader out there is wondering about TTP, I can only say if you are
ripe for it, or even if you are not but very intelligent and personally
honest / responsible with yourself and your thoughts, then you will
experience and learn something as important to the rest of your life
(now) as anything you have accomplished or experienced in the past
(now).
I would encourage you, put aside a moment what you are doing, get
the book, find the workshop. You will begin to fulfill yourself like you
can barely imagine. You will function in ways you did not know you
could. If this sound too good to be true, I can assure you it isn’t (but
perhaps you are not really committed to yourself).
Ed isn’t really
looking for your interest, and he doesn’t make any real money off of
this. Still don’t believe me? Step back take a look at this website, the
chart server, the trading systems project, all the work and messages
being broadcast for free to you (except for your efforts to responsibly
read and understand).
Many firms charge big dollars for this. This is
very, very real and you should make it to a workshop to learn firsthand
and discover things about yourself, your friends, your partner, as fast
as you can. The workshop is the book and this website on steroids, all
condensed down to a clear, direct and undeniable message.
Thank you Ed. Your efforts are very BIG. |
Thank you for sharing your process
and for the endorsement. |
|
Tue, 8 Aug
2006
Initial Breathwork Feedback
Achieving
Intimacy
Hi Ed,
thanks again for a fantastic weekend. I hope your party is fun!
My girlfriend picks me up at the airport. We share our feelings,
she has a few reservations about TTP (she never experiences it) but
supports me 100%.
I acknowledge her feelings. At some point she says:
"I
want you to share your feelings with me more openly. I think it is the
only way to have an intimate relationship, which is what I want to have
with you."
This is before I tell her that my snapshot from this weekend
is "I am intimate with my girl friend."
Seems like our intentions are aligned.
More feedback to come. |
Thank you for sharing your process.
In The TTP Intimacy Process, we
identify what is standing between the partners and take it to the Joy
Point.

Intimacy Occurs
when what is standing
between the partners
is zero.
Clip:
http://www.cs-varga.com/carving/intimacy/
images/intimacy.jpg |
|
Tue, 8 Aug
2006
Update on the TTID
Hi ED:
Please update the TTID for our Tribe. The changes are very accurate
and significant. I thank you for your cooperation and attention on this
matter. |
OK. |
|
Mon, 7 Aug
2006
TT 4-Month Update Report
Ed,
Our listing is still current.
In past 4 months, We had 8 people inquire with 27 emails back and forth,
and a couple of calls. One did attend and experience the Hot Seat.
And
his after report to us was he needed to work more on his issues ready to
continue with us.
All I could do is wish him the best. I love how now I
can relax knowing he doing what is best for me and I no longer feel the
need to work hard trying to sell him on something that he doesn't want
to do.
Our members continue to gain from TTP. I love seeing and feeling how it
makes a difference in every area of my life.
Best |
Thank you for the update. |
|
Tue, 08 Aug
2006
Happy Birthday, Ed !
Ed,
We never meet, but I really appreciate what you're doing with FAQS and
TTP; so
I sincerely want only the best for you, Ed. Have a great birthday.
ciao |
Thank you. |
|
Mon, 7 Aug
2006
Happy Birthday
Ed,
HERE & NOW !
;o) |
Thank you. |
|
Mon, 7 Aug
2006
Happy Birthday!
Hi Ed,
I wish you all the best on your big 'Six Oh' .
I miss the IVTT meetings and the support and encouragement I receive
from the bi-weekly meetings.
I feel that not attending
also serves me as well and I continue to reap the benefits of TTP.
Warm regards,
|
Thank you for your good wishes and
acknowledgment. |
|
Mon, 7 Aug
2006
Happy Birthday and Snapshot Support
Ed,
Happy Birthday!
I continue my support of your Body in Shape and Ed’s Trading Book
snapshots. How are they going? Are you still on track? How do you feel
about them, and what’s standing in your way now. |
Thank you for your support. Both
projects are moving forward and nothing is standing in my way. |
|
Mon, 7 Aug
2006
Worst Case Scenario
Hey Ed,
First of all, even though you are probably well sick of hearing it by
now I would like to thank you for all the time you spend on helping
others with their journey!
Just wondering what are your thoughts on account stop losses? Like do
you plan to stop trading if you loose a certain amount of your account?
I know Richard Dennis had a limit of 50%, which he stopped trading
after, of course it turns out that if he hadn't he would probably still be
in business trading today, but this is always easy to say in hindsight.
But traders like Bill Dunn have also had drawdowns larger than 50%
however he continued on and is still trading today.
My systems tested maximum drawdown is 40% and this was followed by a
quick recovery.
Personally
I have set my limit to 80%, if I loose more than this I plan
to stop. What are your thoughts on this?
Secondly, you seem to practice methods similar to psycho-cybernetics ... I
love surfing, and if you haven't tried I recommend you do, its one of the
few things that will get me up in the middle of the night so I can be at
the beach before the sun rises, and get the best waves before the wind
gets going.
However, once the waves get more than 2-3 meters my level of
fear go up unreasonably. Fear of course is vital, without it we couldn't
survive, but I feel that fear of this magnitude should be reserved for
waves twice that size.
I am going to try use psycho-cybernetics to see if
I can change this. I will let you know how it goes...
Looking forward to your reply and thanks a lot for you help. |
Psycho Cybernetics promotes
visualizations, and improving self-image.
Like many personal growth
disciplines it seems compatible with TTP.

Maxwell Maltz (1899-1975)
cosmetic surgeon
and developer of
Psycho-Cybernetics
The "self-image"
is the key to human personality
and human behavior.
Change the self image
and you change the personality
and the behavior.
- Maxwell Maltz
Clip:
http://www.psycho-cybernetics.com/images/maxwell_maltz.jpg |
|
Sat, 5 Aug
2006
Cambridge Workshop Feedback
Feelings in
a Different Light
Hi Ed,
I am very happy that I attended this great
workshop in Cambridge.
It helps me very much to get in touch with my
feelings especially the so called `bad ones
like anger, jealousy etc. that I usually would
not be willing to feel or even notice until the
drama leaves me no choice.
I am not saying that I am always willing to feel
them now but I am definitely noticing them and
that is already a great achievement for me.
I am able to see them in a different light, not as
enemies but more like allies and that makes life
a lot easier.
I am looking forward to join a tribe and be able
to fully experience my feelings.
Thank you Ed for showing us this powerful tool
to improve our lives.
Thank you Charles, Jason and the entire group
for the strong support.
Lots of Love |
Thank you for sharing your process. |
|
Sat, 5 Aug
2006
Commitments
After tribe meeting, I make commitments which I think are supportive of
my snapshots. Soon afterwards, I get aha's or my behavior changes which
are more powerful than the commitments I originally thought up.
For example, I replace my original commitment to avoid "all-you-can-eat
establishments" with willing to feel hunger and not eating as much as
others at the table.
It seems to me that Fred knows better way of getting results that are
equal to my intention.

Clip:
http://www.ramadaexpress.com/
images/dining_buffet.jpg |
Thank you for sharing your process. |
|
Sat, 5 Aug 2006
Workshop
Feedback
Hello Ed,
I still feel the energy of the workshop - it was a great weekend. I
learned so much about TTP and myself. Thank you for the great time. Also
a big thank you to Charles and Jason for their work and commitment.
We applied the techniques from the workshop at tribe meeting last Saturday.
Especially the drumming as a way of acknowledgement enriched the hot
seat
sessions a lot.
How are you doing with your book? I'm fully committed to support you
with what ever I can do. But right now I'm not clear on how to support
you.
What I can offer is proofreading and layout - proofreading not in terms
of typo and grammar but to give you feedback on the content.
I have experience with desktop publishing (PageMaker, Frame maker,
Microsoft Word) and I would be pleased to do the layout of the book.
Please let me know what your plans are.
I attached the TTID for our tribe. Please put it on the website.
Thank you.
All the best.
|
Thank you for sharing your process. |
|
Sat, 05 Aug
2006
How Many Solutions
Chief Ed,
I am asking: how many complete solutions to the TSP EA are sent to FAQ
so far?
I am guessing less than 20 in total. |
So far I have about a dozen. |
|
Sat, 5 Aug
2006
Storytelling
Dear Chief,
I notice members of my tribe and nearby tribe do much storytelling
before and after hotseat and even some storytelling during hotseat.
When
I get into my feelings on the hotseat, some members say they are
disappointed that I do no storytelling. It seems to me that the
receivers want some storytelling as feedback/framework for their
receiving me and also as an external confirmation that I am sending my
feelings.
This is a multi-tribe drama and I commit to taking feelings I have
associated with this drama to my next hotseat (without telling the
receivers the context). |
In the Incline Village Tribe, we
generally tell enough about the drama so that the Process Manager can
challenge us about the situation at the end of the process to test for
completion.

Some Cultures use Storytellers
to radiate
the values and ethics
of the Tribe.
Other cultures
use TV.
Clip:
http://www.kcspeaks.com/1-compelling-stories/
Interpretation1.php |
|
Fri, 4 Aug
2006
Good Breathing! Good Birthday!
Ed !
I am catching up with the last couple of weeks of FAQ. I
sense a real shift of mood and intention of what is written (or is it
how I read) in the month of July. A seriousness I haven't sensed
before.
I continue to surprise myself by taking up interpersonal and
professional issues and simply deciding them.
Memories of my breath work experience are in my mind and body
as I realize it's Friday night. Good Breathing! Good Birthday! |
Thank you for your good wishes. |
|
Fri, 4 Aug
2006
K-Nots about Rules and Regulations
Hi Ed.
I hope you are well. I hope you had a great workshop. Unfortunately I
missed attending, however one of my snapshot on right livelihood is to
attend the next workshop (Only if you decided to have one that is) so
that I could put red W next to the tribe directory.
In the mean time our
tribe is doing well even though members encounters hard K-nots (including
myself) and experiences some dramas like not showing up or changing the
meeting dates.
One of my snapshots on right livelihood is to come up with
detailed business plan on what legal entity that I would set up to
deliver my life long ambition.
I've been working hard on my snapshots.
Also started to understand the importance of balancing the four
snapshots. Life all the sudden is fun after all. Thank you again fro
sharing the process.
I like to refer to the Follow the Rules FAQ on
March/30th/2006. I seem to feel that this
is the FAQ from old tribe that I used to attend. All the best to him and
the tribe, however I am not sure your response to this FAQ and the
relation to his email.
In any event, my current right livelihood event
deals tremendously with rules and regulation. I realize that I have a
tight k-not about rules and regulation.
So I am going to take my feeling
about following directions, compliance, discipline, and obeying rules as
an entry point. Pure and simple, I hate rules and regulations.
I guess my intention for this email is to thank you and share my
progress for FAQ.
Thank you for everything. |
You might consider breaking all the
rules by taking your issues about breaking rules to the hotseat, or not.

Polarity Process
In the
polarity process, we endow one hand with one feeling and the other hand
with the other. Then we bring our hands slowly together while we experience
what is between them.
When what is
between them goes to nothing, the polarity discharges and typically energizes
an AHA.
Clip:
http://www.guessaurus.com/wp-content/
Rules%20and%20regulations.gif
|
|
Fri, 04 Aug
2006
90% Drawdown and Still Trading
Hi Ed,
I am in a 90% drawdown, and I am still trading and executing my system. |
I wonder (1) if you have a back-test for
your system, (2) if you are following your system and (3) if your back-test is
showing the same size drawdown as you are experiencing in your trading.
Alternatively, you might consider
taking your feelings of sadness / loss to the Hot Seat.

Some Systems
Intend Steep Declines
Clip:
http://www.dgarrick.com/cliffedwards/
movies/images/movie-Power%20Dive
%20(Paramount,%201944).jpg
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|
Thu, 3 Aug
2006
Cambridge Workshop Feedback
Feeling Feelings
Hi Ed,
My deepest feelings sent me to this workshop in Cambridge and l am
really glad that l meet all this wonderful people.
My experience:
One of my first AHA experience during the workshop was the understanding
of my feelings e.g. anger - positive intention: set boundaries etc..
From this moment, l felt, my
Conscious Mind started to understand Fred
and also started to communicate with Fred.
With all your explanation and exercises (TTP, Hotseat, Snapshot) Fred
and CM built a stronger and deeper relationship.
Now, l really realize, that a have to feel more my feelings and also to
live (enjoy) more my feelings.
And l also recognized that l have to
train over and over again my feelings. As you said during the Hotseat
.... keep going, some more.....
Finally l would like to thank you, Charles and Jason for sharing all
your knowledge and feelings. It is great to meet such people!
Thanks for your support. |
Thank you for sharing your process. |
|
Wed, 2 Aug
2006
Workshop Feedback
Hi Ed !
I find myself ... standing up more for my outcomes - even when they ...
challenge authorities.
Thank you for helping with my willingness to show up more fully. |
OK. |
|
Tue, 1 Aug
2006
Grand Canyon
The last tribe meeting we had we worked on snapshots.
This was the first
time I had done it and didn't think I had any snapshot to contribute.
Instead all I felt was unmotivated. While all the others were describing
their snapshot I became aware of a picture in my head of me standing on
the edge of a cliff which looked like the grand canyon with all the
colors to go with it and on the other side was my hopes, dreams and
things I'd like to accomplish.
The distance across the canyon looked at
least a quarter mile wide and the emotion I felt was lost like I was
there and didn't know exactly how I got there and had no idea how I was
ever going to make it across or if I ever would.
I also felt that I did
not know which way to go from here. After describing and talking about
the snapshot I saw with the tribe I drove home feeling better. The next
morning I woke up and while brushing my teeth I saw a picture in my head
of the same picture only this time the distance across was only a couple
feet-short enough to step over.
This seemed strange to me and I found
myself wondering what happened and the next picture that showed up was
me with a rope and hook that I threw across the divide and just
effortlessly pulled the entire earth to me. Still seems strange but I no
longer have that lost feeling and feel everything can be accomplished
although I still don't know quite how yet. |
Thank you for sharing your process.

TTP Can Help You
Move Mountains
Clip:
http://cs.anu.edu.au/~James.Popple/
photographs/gallery-11/ |
|
Tue, 1 Aug
2006
The four liquid stages of life

|
You might consider this alternative
to stage #1.

Clip:
http://www.vitalchoice.com/imageuploads/
Breast%20feeding%20mom%20&%20baby.gif
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|
Tue, 1 Aug
2006
Banjo Joke
Ed:
I understand that you play banjo at TTP meetings, but are
you also the Secretary / Treasurer? I guess what I am asking is: Are you
the Dues Dun Man ? |
Hmmm ... |
|
Tue, 1 Aug
2006
Next Workshop
Do you have plans for a TTP weekend in the United States soon? I would
like to attend one soon for more training. I am now attending a trading
tribe every other week out of town but intend to start a tribe in my
area soon. The one I am attending is 200 miles away. |
I am thinking January 5, 2007 in
Reno, Nevada. |
|
Tue, 1 Aug
2006
Breaks
Long-Term Down-Trend
Hi
I enclose updates to my previous FAQs regarding my long term down trend
in equity during six years of discretional trading versus my short term
trend of three months of rising equity since adopting a systematic
approach.
My interpretation is that my long term down trend has been broken since
adopting a systematic approach.
I do not reach a zero point for variance but feel I am getting closer.
I am going on holiday in four weeks time and commit to closing my
account down before I go for a fresh start when I return.
I recall a quote or anecdote I think might be about you not having a
real time quotes server on your desk as it was a kin to sitting in front
of a one armed bandit and you feed it all day.
I now feel the same and the sophisticated intra day service I trade
through begins to feel more and more like a cynical way to increase
commissions for the provider and not in line with end of day trend
trading or my right livelihood.
Aside from this development I progress in acknowledging my unwillingness
to practice TTP and attend the Cambridge workshop. I continue to work on
myself to overcome this hurdle.
I also progress through realizing I repeatedly fail to submit to the
associate’s scheme because I don’t share a snapshot of large scale money
management for others.
All the same I wish to work on this as I feel my snapshot could change
once an unwillingness to try the London tribe, practice TTP, stop day
trading and feel feelings of ‘not being good enough’, ‘not being taken
seriously’ are addressed, hopefully on a beach ... with my mini
tribe of me and long term girlfriend.
I find it interesting that we are staying on Turtle Beach where the
turtles come in each day and are protected.
Perhaps I’ll learn a thing or two from those turtles and maybe I can
hatch when I come back.
Thanks for your work.
This is account equity for twelve weeks of systematic trading (
http://www.seykota.com/tribe/
FAQ/2006_Jun/11/index.htm (Encouragement Mon, 12 June 2006)) |
Thank you for checking in. |
|
Tue, 1 Aug
2006
August 1 Breathwork Update
Hello Breathwork Support Team!
As of August 1, 2006 AUM are $1.06MM. I am continuing to raise money
(another $50K in July), and fund performance continues to be negative
through July. I am sticking to my system through the drawdown, and my
clients are sticking with me.
My fitness plan is on track and I have dropped about ten pounds since I
recommit to my fitness routine one month ago.
I commit to continue to report my assets under management to you, my
Breathwork support team, on the first of each month until I reach $5
million under management.
Thanks for your support! |
OK. |
|
Tue, 01 Aug
2006
TSP EA code
Chief Ed,
I appreciate the detailed answer, with code, regarding the steps in
calculation of Average True Range in the TSP EA project.
I believe other FAQ readers are encouraged by the posting of this code;
I know I am.
Other FAQ readers working to complete TSP/EA may find the following
function useful, for rounding the lots:
public double RoundToNearest(double nearest, double value)
{
//Round any number to any precision;
//assumes "nearest" is greater than zero
//assumes "value" is greater than "nearest"
//value: the item to round
//nearest: the rounding precision
// PLAIN - 3 lines
// how many units of
'nearest' are in 'value'??
// double x = value/nearest;
// round the result to the
nearest int
// x = System.Math.Round(x);
// return the
rounded number
//return x * nearest;
//FANCY - 1 line
return System.Math.Round (value / nearest) * nearest;
}
|
OK. |
|
Tue, 1 Aug
2006
Dear Ed,
Can you help me improve / optimize my system. If yes what do you require
me to send.
Kind Regards,
|
See the Associate Program, above |