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August 11 - 20, 2006
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Previous
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Questions
(Quotes
from Ed in Red)
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Answers |
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Sun, 20 Aug
2006
TTP Love Letter
(excerpt from one Tribe Member to Another)
...
Thank you for being willing to send your deep feelings and for allowing
me to receive you. I
feel invigoration and willingness to go deep with you. I treasure our
connection and how my own feelings and k-nots
link up with you and yours.
Something continues to shift in me. I experience our connection as a
large open pipe through which we experience the gift of intimacy and
help each other grow.
I commit is to keeping the pipe open and to keep
growing with you. I feel joy and excitement about going wherever the process takes us.
It feels like a curtain is lifting for both of us. I can hardly wait to see and feel what's
ahead and I know I don't have to wait to experience what's now. |
Thank you for sharing your process.

In TTP
Loving Relationships
provide an opportunity
to increase bandwidth.
Clip:
http://www.msa.saccounty.net/news/
PhotoArchive/large_pipe.jpg
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|
Sun, 20 Aug
2006
Experiment with Remote Attendance
I'm looking to perform an experiment by attending your IV Tribe meeting
non-locally, meaning that I will not actually attend the meeting, but go
through the motions of attending (drumming, hotseat, snapshot, etc)
based on the agenda of your meeting.
I know it sounds weird, and it's DIM, but would you be so kind as to
play along with me? It has to do with the following from your FAQ:
Ed's ultimate intention for The Trading Tribe
and for TTP
is for people to experience it,
and for it to disappear
and become just another passing AHA.
I would simply need to know the next date of your meeting and agenda if
different from your TTID. I would need to know the time that you drum;
before snapshot process or before TTP process or both.
If you are willing to play along with me and respond or post a reply to
the FAQ, I would email you back to commit to attending non-locally. The
only other thing that I would ask is that during check-in you announce
to the group that someone is attending non-locally.
I'm going to compare the experience I have with a DIM experience, and
attending my own tribe meeting, actually and non-locally. I'll report my
findings to you.
Thanks for your consideration, |
The Snapshot Process and the Tribe
Meeting follow their own path. I do not pre-schedule a
minute-by-minute agenda for the meetings
or attempt to predict "drumming times" in the non-existing future.
I plan to host the next IV Tribe
meeting, starting at about 2:00 PM.
|
|
Sun, 20
Aug 2006
New Tribes |

Welcome
Cambridge, England
Sunnyvale California
Bangalore,
India
Las Vegas, Nevada |
|
Sat, 19 Aug
2006
Hot Seat
Report - Positive Intention of Pain
Ed,
In our recent tribe meeting I find
that the process continues to evolve, with More “work” getting done in the
snapshot process, perhaps requiring less Remaining to be done in the tribe
meeting on the hot seat. All of our members Have been at this a while now, and
it has become a deeper and more efficient Process.
We individually recite the
commitments made at the last meeting and then present Evidence to the other members that
we fulfilled them. Members hold each Other to high standards, and
sign off only if it is very clear that the commitments were met. Failing to meet
commitments brings up feelings that are usually key to something Fred
has been busy with in the background.
In the second round, new or modified
snapshots and new commitments are presented and feedback is given and
received. While this often takes much time, we find that much of the
needed work for some members is accomplished.
In my process, I find that I have
strong feelings of anguish and pain in my chest And neck when arriving at an impasse
in my fitness, trading, and musical snapshot commitments.
I thought the issues
were surely different between the snapshots, but the feelings seemed the same
when I opened up and let them flow.
After a break for dinner which we
prepare together, we begin the tribe meeting. I feel “hot” since the snapshot
process and take the first hotseat. When I get Into it, I find myself in a form
that is familiar to me. I am on my knees in the Center of the room, head back, back
arched, and arms stretched back behind me.
I scream, perhaps in agony, at
first. I take it as hard and far as I can. I repeat This again and again. The Process
Manager asks if I am willing to do it again And this time try to enjoy it. I
say, “Yes!" I use the freeze technique. I have an image of being lifted off the
ground by ropes attached to hooks which are connected to the skin and muscles of
my anterior chest. There is a lot of pain. I feel that I transcend the normal
understanding of pain. After this AHA, my screams are of ecstasy and joy.
I collapse onto the floor with my
arms and legs outstretched, numb, motionless, And feeling free. I see pain as my
friend. It is necessary for health. One must be conscious of pain and assess its
meaning. Quite often, one should avoid that Which causes pain as health will be
adversely affected.
Other times, however, It is OK to push through the pain.
I feel that my body has more intelligence About how to make this determination
now. This feels deeply empowering.
I thank my tribe for their support. |
Thank you for sharing your process.

Pain
helps us operate within safe limits.
Pain in a k-not
entrains drama about exceeding these limits.
Clip:
http://www.listenforjoy.com/art/large/
Redemption-Pain.jpg |
|
Sat, 19 Aug
2006
TTP memberships
Greetings
I'm a novice scalp trader and not a very good one. I've been working
with a group of traders (two professional and mostly novices) for about
two years. I lost a lot of money and I wish I hadn't been so "gung ho,"
but I don't regret it.
What I'm concerned about is repeating the same
mistakes and not having the ability to correct these faults.
I've read numerous books and attended seminars and I still feel the
same. I don't believe there has been a transformation in me because my
trading results are the same ... loss.
I try try try and never seem to
make a real transformation and feel the same way about my trading. I
feel I need something, an awakening an edge or something to make a
difference in my abilities.
But at the same time I know it's a very
simple thing to do. For example, when scalping I search for stocks that
are breaking new highs and new lows.
That's all I need to know and all I
need to search for but there's something inside of me that wants to do
more, for example buy/short a pull back. It's unnecessary to do so and I
can justify to why I shouldn't during this email but I'll do it anyway
during trading hours.
I've read of Fred, CM and the TTP and was wondering would this help me? |
FAQ does not make predictions, about
the markets or about what might happen to you if you engage the process. |
|
Sat, 19 Aug
2006
Perhaps President Bill could use a Hotseat Session
Hi Ed,
I hate age 60
-- Bill Clinton
Source: http://news.ninemsn.com.au/
article.aspx?id=123518 |
Bill can likely find a Tribe nearby
if he wants to take the hot seat. |
|
Fri, 18 Aug
2006
Bernoulli Principle
AGREE or DISAGREE
http://gummy-stuff.org/Bernoulli-principle.htm
|
The site says:
"That means
the upper flow of air is faster and, according to Bernoulli's Principle,
the pressure is less above the wing."
I do not agree that the conclusion
follows from Bernoulli's Principle. The configuration involves
variations in density. |
|
Thu, 17 Aug
2006
Cambridge Workshop feedback
Hello Ed,
I am writing you about my experience at the Cambridge workshop and the
days
following the workshop:
2006-07-23: The TTP Workshop is over since about 3 hours and I am
sitting here
in Cambridge in front of King's College to log an issue which I plan to
take
into the next meeting of my local tribe:
I recall Friday evening. During the first evening of the workshop Ed
asks me a
question and I struggle internally to find an answer. All I can say is
"I don't
know".
While saying so I pull down the ends of my lips, put head a bit
to the
back, stretch my neck, pull up my hands in front of my breast and
stretch the
fingers upward.
Ed says: "Do it again, this is your form". I repeat it
about
three times. Later the evening our task is to go into forms. I choose
that form. I
manage to go inside that form. It is intense. At a certain moment my
arms move
automatically. It seems like I found resonance frequency of that
movement.
I recall Saturday: Our task is to develop a snapshot. I have a rough
idea about
what I want, but I can't find out about an important point of my
snapshot.
While presenting the snapshot in the big round, my form appears again
while saying
"I don't know". Ed immediately points this out and asks me to repeat the
form
several times. I wonder that he remembers a single form of a single
participant
because we were a lot of participants and that form was among hundreds
of forms
he sees during a workshop.
Later the day I walk outside of the hotel in
the
road. A woman stops her car next to me and asks me the road to a place.
I notice
myself saying "I don't know" while playing my form. I wonder that I
notice that form now. I guess I am using this form for years. In the
evening we have our
TTPs.
When it is my turn I first have some problems to get into that
form. I
often notice that it is very loud in the room. Several TTPs are running
simultaneously and we use drums to enhance the field of acknowledgement.
Finally I get
into my form. I go through the movement with my arms and arrive at
throwing my
head back. That hurts a little in the muscles of my neck. I strongly
close my eyes
and tear the ends of my lips down. The process ends. I feel exhausted. I
feel a
little bit of ache in the back of my head but I am not able to go inside
that
any more. I simply feel exhausted.
I recall Sunday just after the checkout on my way to the bathroom:
Charles
comes to me and says: "I have to say something to you".
I feel some
symptoms of
nice surprise and stress, which is a prickle under my stomach. He
continues: "One
says the first million is the hardest. The first hundred thousand are
the
hardest. The first ten thousand are the hardest." I wonder whether he is
referring
to trading, but he clarifies that he is referring to me and the TTP: "I
could
really see your willingness this time".
Immediately I felt a potato in
my throat
and I am just able to say "thank you". I guess that Charles notices that
I am
not able to take his words as an encouragement like he intended. He
suggests me
to go where I was about to go. I feel sad, incapable: Tears are coming
into my
eyes and I feel a big potato in my throat.
I go up to my room and cry.
Crying
is something which I do seldom, but which I am able to do since the Reno
2005
workshop. I feel released after crying. Later I accompany my tribe
leader to the
bus. I am barely able to tell him about this issue for our next tribe
meeting,
because I feel the potato in my throat again and I don't want to start
crying
in the roads of Cambridge.
Later I walk around alone. I pass by Kings
College. I
hear the sound of a saxophone coming from a bar. Immediately there is
the
potato and the urge to cry. I recall and incidence of 1988: We are
sitting with the
family and friends at a table.
I tell my dad that I want to learn to
play
saxophone.
He tells me "You are like me. You are not able to do these
things." I
remember that I have the same feelings in that moment like the once I
have now. I
recall other incidences. I feel really clumsy and unable to do stuff
where
feelings and emotions are involved, like playing an instrument, dancing
and now
TTP. I am amazed that I can see this link now.
I walk around Cambridge
to find a
bank to sit down and log this issue. I don't find a bank to sit down.
There was
one free but I didn't like it. So I go on searching for a place to sit
down.
Suddenly I recognize that I am going to King's College where is a wall
one can
sit on and where is the bar with the saxophone music.
I wonder if Fred
is
bringing me to the bar with the saxophone music again to feel that
feeling again. I
feel the hair on the back of my head rising. A feeling I usually get
when
something strange, unexplainable happens. I am grateful that this old
issue is lying
there right in front of me ready to go through. I see clearly how
feeling
incapable to do things where emotions and feelings are involved is
standing between
me and living my life. I also see that I must behave strangely when people
say
something positive or encouraging to me related to emotions and
feelings. I am
looking forward to bring the issue into the next meeting of our local
trading
tribe.
2006-07-24: I am back in the office. I have a walk outside during lunch
break.
I am walking slowly and thinking about the issue. I am remembering
precisely
the setting of the situation where I hear that playing the saxophone is
nothing
for me.
While having this situation in front of my inner eye I hear
somebody
doing exercises on a saxophone. The sound is coming from a house near by
while I
walk. I notice my hair rising and a shower going down my back, the
feelings Fred
is always playing when something is happening that seems supernatural to
me.
The feeling changes. Tears are coming into my eyes. It seems that
something
happened during the workshop so that Fred sees and takes every occasion
to play
these feelings of being hurt again. My throat still feels like having a
potato
inside while I write this. I am looking forward to the tribe meeting we
are
planning for 2006-07-29.
2006-07-29: I take this issue inside a TTP in my local tribe. I get
inside
easily. The urge to cry and the potato are there immediately when I
present the
issue to my tribe. I also integrate the forms I remember from the
workshop. Then
my process manager notices that I am scratching my legs. He suggests me
to do
more of the scratching. I scratch wherever I notice an itching feeling:
my head,
my arms, my legs. I scratch and scratch alternating with the other
forms. The
process is very intense for me and I feel good and happy at the end.
2006-08-17: Now I am sitting here copying the text from my hand written
notes
into this e-mail. I am feeling easy about this issue. The feeling of the
potato
in the throat and the urge to cry are gone and they don't come up when I
think
about the issue. This issue seems so far away to me now.
I thank Ed, Charles, Jason, all workshop participants and my local tribe
for
helping me to untie this knot.
I also feel the need to write that I am very impressed by all the energy
Ed,
Charles, Jason and their friends put into taking the TTP out into the
world. |
Thank you for sharing your process.



The Process of Untying K-nots
often brings forth a rush
of memories and images
and new ways to hold them.
Clips:
http://pbskids.org/lions/words/images/
saxophone.gif
http://www.async.caltech.edu/~mika/potato/
POTATO.jpg
http://brigita60415.tripod.com/what_i_feel/
cry.bmp
|
|
Thu, 17 Aug
2006
Forcing an Aha
Hi Ed,
Greetings . . . . . and (better late than never) happy birthday
'sweet six-tee'.
I come to realize that one of the things that prevents me from a full
experience of the 'hotseat' process is my expectation of wanting
something to happen.
I get into my forms without any dramas (excuse the pun) and with tribe
validation I am able to go much deeper into the form. Once I'm fully
into the form I feel as though I want something to happen, like a
glorious insight, a Zen like flash or a moment of clarity. In short, I
expect an a-ha that will cure my ills.
Rather than just be with the feeling of the form and not expecting
anything in particular I find myself being all 'intellectual' about the
process whilst in the form and as stated above, I expect something to
happen.
I have tried taking the feeling of 'wanting something to happen' to the
hotseat and of course what happens . . . . . I want something to happen
whilst I'm experiencing the feeling.
It's as though I'm trying to 'force it' rather than just letting it
happen.
Similarly, in the Market environment I'm aware that on occasions I
'force' the trade, rather than just let it happen when it's ready to
happen and more often than not, when I do this, it is to my detriment
I am interested to hear your comments re: the above.
|
You might consider taking your
feelings of wanting to push to the hot seat.

May the Force Be With You
Even Yoda
occasionally has to
pick up the light saber
in order to Git 'er Done
Clip:
http://www.latrobe.edu.au/podiatry/
images/supination-resistance-6.gif
|
|
Wed, 16 Aug
2006
Breathwork Update
Dear Ed,
Thank you for your hospitality and the Breathwork weekend which has a
tremendous impact on me. I feel grateful towards Jason for probing me
during the final checkout and everyone else for supporting me
during the
whole weekend.
I feel many issues are dissolved and no longer with me.
The knot is no longer in my stomach and I am at ease with myself. I no
longer feel that I have to hide my past from myself or others. On
Saturday morning, a week after the Breathwork, I wake up to find myself
waving my right hand the same way I wave during my Breathwork
experience, this time without feelings of sadness or tears.
I am ok
about this issue and feel calm and peaceful. On the same morning I do
exactly as I draw after my Breathwork (I lay flowers on the graves and
feel very calm). There have been times where I have not visited the
cemetery for over 5 years. I avoid my feelings of grief at all costs. I
am amazed at how easy I find this now.
I also begin to realign relationships with friends, colleagues and
family. I feel that I no longer need approval or to be Mr. Nice Guy.
I
now feel conflict is necessary and no longer feel the need to avoid it.
I arrange meetings with several persons to re-align relationships and
intend to enjoy being honest and upfront about my feelings and also find
that no-one can argue with that. I am determined to remove manipulative
and dramatic relationships out of my life.
I remain committed to feel my feelings and enjoy them whatever they may
be. I feel by going this way I can achieve my dreams, stop holding
myself back and slamming the breaks and running the other way as I have
done many times before with my relationships, career and other areas of
my life. I am aware that I have only touched the surface of my issues
during the workshop and Breathwork however I feel certain that this is
the path to achieving my right livelihood whatever that may be.
Snapshots
During the IV tribe meeting on August 3rd I make commitments to send you
evidence of moving towards my snapshots for the next IV tribe meeting.
Regarding my right livelihood snapshot of starting my own successful
money management firm please see attached an outline for developing my
system which I have broken down into 3 main components. I am working on
component 1 now. My 30th September deadline may be setting me up for
drama however I remain determined to achieve it and intend to enjoy the
feelings of over committing if I don’t.
Concerning my relationship snapshot I commit to having a happy marriage.
The past weekend I take my girlfriend away to a beach resort.
While on
the sun beds and we have a conversation about life and my snapshots and
all of a sudden I ask her to marry me. She is surprised, we have a
giggle and she accepts. Simple as that!
We intend to take our parents
out this weekend. I will send a photo as evidence early next week.
Moving on with my life and my girlfriend is the second picture I draw
after my Breathwork experience. Ed I feel that a wall has been removed
from in front of me and I can now just get on with my life. I feel free
like never before.
As for my fun snapshot and setting up a tribe in [Copuntry] I talk to 3
people (I commit to 5 during the snapshot process) who I believe may be
interested in joining a tribe and recommend they read more about TTP on
your site. I have spoken to [Name] twice since coming back and we intend to
start the tribe in September, after the summer holidays.
Please see attached evidence of my subscription to the half marathon I
have signed up for as preparation for a full marathon, my body snapshot.
I also attach my training schedule which will start on Monday 21st
August for 12 weeks. I have not been to the gym or been jogging since
returning from Incline Village.
Since coming back I feel like a different person.
I look forward to
working on my snapshots and intend to take pleasure in the journey of
achieving them. Thank you Ed for helping me and opening a whole new
world of self discovery in front of me. |
Thank you for sharing your process. |
|
Tue, 15 Aug
2006
Donchian
Hello,
Did you change the rules for the example Donchian System? I could be
mistaken, but I believe it was 120-120 and 10% risk before, now you show
210-210 and 7% risk. What was the reason for the change?
Thanks for doing FAQ it is a great service to all, as well as yourself!
Regards
|
The 210 seems to work a little
better. |
|
Mon, 14 Aug
2006
About Programming ...
Hi Ed,
just few ideas and questions that come to my mind ...
I read the C# Atr code you post Sat, 29 Jul 2006 and today, 1 Aug, I see
another contribution by a faq reader. I don't know C# and use another
programming language to write and test systems, but I feel it's a great
thing to speak a common syntax and share what we know.
1) Do you think we could adopt C# as the 'standard' language to use by
all of us interested in following the TT developments (not an
obligation, of course) ?
2) What about a new thread on TT web site on programming as a meeting
point to discuss and share pieces of code ?
3) I'm curious about your experience with C++ and the advantages that
motivate you to learn C#:
P.S.: I allegate
a) the code I write to test ExpAvg system: I'm sure it's clear enough
also for non-programmers
b) the output of the optimization process (it's in descending order
relatively to the bliss function). |
You might consider taking your
feelings about wanting a common standard to the hot seat.

Standardization
tends to occur where people
are unwilling to experience
differences.
Clip:
http://www.clearlyno.com/ben/blog/
hello/37/1561/640/IMG_4799.jpg |
|
Mon, 14 Aug
2006
Long Term /
Short Term Systems
Hi Ed,
You've written often about the advantages of longer term over short term
trading systems.
The primary
advantage, at least that I've seen you write about, is the
lower transaction costs
associated with lower trading frequency.
Are there, in your opinion, other advantages associated with longer term
systems versus short term? If so would you please elaborate. |
As trading frequency increases, the
gain per trade decreases while the transaction costs remain constant - so
the ratio deteriorates.
Transaction costs are a big factor
in day-trading systems.
People may like day trading for the
sense of urgency and distraction (from experiencing feelings) it
provides.
|
|
Profitable |
Not
Profitable |
|
Urgent |
Cutting Losses |
Day Trading |
|
Not Urgent |
Research /
Following a system |
Watching TV |
|
|
Mon, 14 Aug
2006
Cambridge Workshop Feedback
Hi Ed,
I return from the Cambridge Workshop to a busy work schedule. I am more
in touch with my feelings and body sensations.
A recent email from my boss invokes a not unfamiliar "gut reaction". I
acknowledge the feeling and decide to take a different approach; I go
with the feeling, look for the good intention, encounter some judges and
have at least one AHA experience. The ensuing meeting with him is the
most positive I experience in many months; the exchange is honest and
positive; I come away from the meeting with an increased sense of
self-worth and achievement.
This stuff works!
The workshop opens a crack in the door to a new way of being in the
world. I commit to continuing the process.
Sincere thanks to you, Charles, Jason and all participants. Please keep
up the great work.
Regards, |
Thank you for sharing your process.

Employees and Bosses
When the relationship is working
problem solving seems to go more smoothly.
http://www.german-business-etiquette.com/
23-meeting-with-your-boss.html |
|
Sat, 12 Aug
2006
Embarrassment
Hi Ed,
Thanks for your response, looks like Fred is at work, I notice my name
appears on the FAQ posting for the below email, when I see it I feel
'embarrassed', which is odd because I see no reason to based on its
contents, I remember this happened at Cambridge workshop during my
snapshot
process, you asked me if I felt embarrassed, thanks for assisting me to
experience this feeling (again), I will take this to my tribe and try to
fully experience my feeling of embarrassment, I see it as an ally now,
but
have not taken it to the joy point. |
Thank you for sharing your process.

The Positive Intention of Embarrassment
Is to inform us
when we are violating
social norms.
Clip:
http://www.boundless.org/2002_2003/images/
head_and_heart/redeeming_the_embarrass.jpg
|
|
Fri, 11 Aug
2006
Big Problems
I see this fellow who calls himself a trader and he’s got big problems.
He used to work at [Name] bank and wanted to be a trader, but could never
convince anyone on the derivatives trading desk to hire him, so he
worked as a ‘support’ person (aka. Water/coffee boy).
When he got tired
of being a butt boy, he decided to go into financial sales, and he’s a
good salesman, he’s excellent at taking no risk and getting paid to
broker the deal.
Times were good for many years, but he always had the
dream (pipe dream) of being a trader, so he tried to go to a top
business school, but wasn’t smart enough to get into a good one, so he
got his CFA. Spent 3 years of his life studying fundamental economics,
hedging, interest rates and global trade;
then he stumbled over
‘mechanical long term trend following’, a way for him to trade where he
didn’t have to think, all he had to to is follow his system. So he
trashes the CFA, doesn’t use it, but still markets himself as one, and
doesn’t recognize the contradiction.
Anyway, he follows his system and
convinces clients to give him money (deep down he’s a salesman but
doesn’t like to admit it), so he gets millions under management, follows
his system and begins to have a MASSIVE drawdown …
Now he’s VERY scared, is questioning his system and doesn’t know what to
do … To add to the pressure, his clients are getting really scared too.
I tell him to be afraid, be very afraid, and take this feeling to the
hot seat.
Any advice or comments is appreciated. |
In TTP we generally refrain from
offering specific advice or trying to fix people.
You might consider taking your
feelings about your friend to the hot seat.

Friends
stay friends
by refraining
from trying to fix each other.
Clip:
http://students.washington.edu/jenhahn/
Gel's%2021st/Gel%20and%20Friend.jpg
|
|