Note: The appearance of a chart on FAQ does not imply any kind of indication or recommendation to buy, sell, hold or stay out of any positions.

(Previous from Ed in Red)

Ed Says

Namaste Ed,

I was desperately waiting for a tribe in my town.
Got up unusually early today and checked for FAQ update. And found this good news in June 1-10 FAQ.

But sir the tribe directory is not updated with [City] contact details. If possible please provide me email id and contact name of [City] Tribe.

I'm excited having waited more than 2 yrs to get associated with you or anyone associated with you. I have been reading FAQ for more than 2 yrs again and again.

I take this opportunity to thank you Ed for the wisdom you provide us.

It may sound funny or silly to you sir, but I am so much influenced by you that even my desktop background has your picture.

All my family members know you because I keep quoting you. I had been trading successfully for 5 years until January 2008. I was successful in every venture and aspect until 36 yrs of my age which I reached in 2008.

Then I flopped everywhere - trading, health, personal life, etc.

My problem is IMPLEMENTATION. I feel I know and understand well, but I don't implement things that I learn.

I'm trying hard to overcome this.

Thank you for the catch concerning my implementation of the index.

My 6 year old son is usually pretty capable at expressing his feelings (e.g., "I feel [sad, happy, excited,...]) but today we had this exchange:

him: wahhhhhhh, crying, etc.

me: tell me how you are feeling?

him: I want [my brother] dead!

me: that's not a feeling, tell me how you are feeling?

him: I want the house destroyed!

me: that's not a feeling, but tell me more

him: wahhhhhhh, crying, etc.

me: it sounds like you are very angry

him: [yes]

+++

So sometimes he needs help with this, just like we do as adults. I notice that I am anxious to correct (challenge?) him with the notion "that's not a feeling, tell me how you are feeling" as [Name] does with me (thank you). I feel guilt and remorse at challenging him when he is upset. I decide that in future crises, I can try to help him connect with his feeling by using my "superior" powers of deduction. In more relaxed encounters, I can practice the idea of sending and receiving. My curiosity now becomes how children mature in this process into adolescence and then adulthood. Conversely, how is it that some adults "don't get it" and can't easily connect with their own feeling?

wp-content/uploads/2006/03/balancing.jpg

Ed,

Be sure to Buckle Up!

http://www.youtube.com/watch?v=P5yxFtTwDcc

Thank you for the clip.

TheGoodthebadtheugly.wmv (Movie)

Enjoy!

Thank you for the clip.

This is short list as I don't want to drag this too long. Please let me know if you would like more information or details or have any questions. I look forward to your response!

2. How are you getting your entry/exit prices as for example in trade 34 you have an entry price for the S&Ps of 826.275 but the S&P only trades in 0.1 ticks?

Thank you

You might check the site for a link to download the data I am using.

Hi Ed,

Thanks for reporting. I read your dynamic system "ECO-NOW-MICS" and really enjoy the process. I notice that I really like some of your clear, simple writing.

I notice much [of the] system stuff [I find on the web] is about quantity, not really quality.  I do not notice that feeling with your work. -- nice job.

I feel that some of the graphics / images from your first iteration on the milk / pour are a good visual presentation. (e.g. kid pouring milk or orange juice.) I do not notice them now, but like them. They seem to present the feeling that "dynamic systems are all around us".

I think a presentation structure that moves from simple to complex (especially if the system is commonly around us) is very cool. I feel excitement to look at more dynamic system stuff.

I am very into working on my trading system right now (dynamic portfolio management), but I keep feeling my interests move towards dynamic system modeling.

Keep up the good work. I really like the quality. It is inspiring.

Thank you for your support and suggestions.

Hi Ed,

From your observation of markets, is trading with longer time horizon less susceptible to "noise" (price movements influenced by calamities, market manipulators, government policies, etc) than on shorter time horizons?

images/Ear.jpg

Listening to my Head

Dear Mr. Seykota,

I can report to you a strong improvement in my well-being, thanks to your suggestion of turning up the level of noise in my head, and actively listening in, instead of suppressing it.

I notice a strong increase in my concentration.

Thank you!

I also notice renewed attention for dieting on FAQ.

I myself was quite overweight 5 years ago. I used a simple yet effective system for losing weight, which I would like to share. No hocus pocus, no expensive weight-loss plans, no extreme pain or suffering; just playing a simple numbers-game. I like numbers and I guess there are more people reading FAQ who have both a weight-issue and affinity with numbers.

I weighed 230 pounds when I started. It went down to 200 in 3 months with little suffering and I never looked back. Currently my weight is 190 pounds, the same weight as when I was 20 years old, which is over 2 decades ago.

So this is what I did. I started off with a week of measurements. No dieting, just measuring both calorie intake and calorie burn:

1) I keep track of all food (type and quantity) I eat during the week, and how many calories each type of food contains per oz.

2) I keep track of all activities (type and quantity) I do during the week, and how many calories they burn per period of 10 minutes. Activities also include sleeping, thinking, watching TV, etc. They all burn certain amounts of calories.

For calorie contents per food, I use a small precision scale, so as to measure precisely my intake. The scale is actually quite important, in order not to fool myself or to doubt myself in hindsight.

For calorie burn, I can find the approximate calorie burn per time unit and per pound of body mass on the internet. The good news: the heavier you are, the more you burn for the same activity. If tracking your calorie burn sounds tedious, you might consider buying a device that does this for you, even in your sleep.

3) After a week I notice how some hardly satisfying types of food add a lot to my weekly calorie intake, and how several quite pleasant types add little calories.

4) I notice how little effect workouts have on my calorie burn, relative to how unpleasant they usually are.

So now I start my actual diet. I swap regular coke for diet coke (-140 kcal). I trade a chocolate bar for an ounce of chips (-100). I swap milk at breakfast for tea (-70). I swap one snack for another one (-50). I swap a bowl of yoghurt for a banana (-80), and so on. The swaps I make are hardly sacrifices to me. I also notice how little calorie burn an hour in the gym gives me (-300-500). I rather eat less, or different, than suffer in the gym.

So after a while I really get the hang of it and I manage to push my calorie-intake to a very low level. On good days, I get it down to 1300 with little effort. (When I started I consumed 2500-3000 calories a day.) I notice that I drop approximately one pound for every 1600 kcal of calorie deficit.

I also notice some other ways of limiting intake, for example splitting portions in two and eating them separately. But this is highly personal stuff. The principle is that if you measure it, you will probably notice all sorts of personal shortcuts to achieve a low intake with little effort.

Today, 5 years later, I work out regularly and I enjoy it too. I found the sports (outdoors) that I like, and I avoid gyms. Sports are a lot more pleasant when you have no excess weight to carry around with you.

Thank you for sharing your process and for your support of mine.

Reminiscence of a Gardener

Mr. Seykota,

It is a beautiful garden. I probably could build it sooner if I didn’t divert so much attention to garden tips and staring at the weed all the time. A garden would reveal its beauty when all the non-essentials are removed.

A gardener needs to understand his plot of land, to combine its unique landscape with the current weather condition and wind direction. He can then determine the appropriate types (may be like Olive and Banksias this spring) and the sizes to plant.

After sowing the seeds, there is really not a lot to do except monitoring any potential thunderstorm and following the exit plan when it eventually comes.

A gardener probably spends a lot of his time sitting tight, listening to whipsaw music, and smelling the flowers.

31px-Victorygarden.jpg

All the best Ed and thank you again.

2007/09/father_son.jpg

Dear Mr. Seykota,

Our interest in your personality arises after reading your interview in the Market Wizards book. The impression you left on most of the accomplished traders who shared the same career with you transcends in all the interviews.

Reading your interview pushed [Name] and me into research on trend systems and risk management and opened a new dimension beyond the simple guessing the market.
We would like to use the opportunity we found on your site and establish our little Trading Tribe.

We believe that sharing our experience with the community will help us in the process of our evolution in trading as well as the psychological management or emotional ups and downs.

Bulgaria

Emotional Reaction to Financial News

Ed,

This man in the video acts like a DIM TTP session. I wonder how difficult it is to put it in a
group session.

http://www.youtube.com/watch?v=KWu-efNN8PM&eurl=http%3A%2F%2Fzerohedge%2Eblogspot%2Ecom%2F&feature=player_embedded

Smashing !

It has since been withdrawn because the writers of it could not hedge my trades effectively and lost money, even Goldman Sachs withdrew it, as my model was producing an average 2.3% a week and my broker was following my trades in huge size.

So in this report, its best I remove the trades from this other product as its not going to be included in any trading I do for you.

Please also specify how many years of trading history you require in this report.

When you have seen enough of my trades in the now, you can inform me so I can stop sending them, please advise.

You might consider contacting the FSA in the UK and/or the NFA in the US for a template upon which to base your presentation.

Hello again Ed!

I now understand what the TTP is all about, and I am very grateful that you are willing to share all these valuable information, and answer our emails.

I'm crafting my personal vision and mission statements, and discovering what my values are. Since I look up to you as a mentor and a man of wisdom, I would like to know what your personal vision, mission statements and values are.

I'd like to seek your honest and sincere advice on the following.

I am a mid 20's working professional, 3+ years of experience at two large buy-side shops on the global desk doing fx. Have followed fx closely for 5+ yrs and have known from the start that I want to be in a position of trading my own book. Have traded with mixed results, large gains on big trends (2005 and 2008 $ rally, 2006-08 Eur rally, etc) with excellent entry points, but basically breaking even from poor trades in between. I'm patient but growing a little tiresome with the nature of buy-side fx (mostly rebalancing, hedging flows, tons of swaps etc) and my schedule (12-15hr) days since graduating college leaves almost no time for personal trading and study.

I feel I have 3 options: Stick it out or go back to school for an MS or MBA to try to land an S & T or hedge fund position (which may not be all that different) or find a mentor to work under and with, to take a risk and see if I can make this thing real for myself now.

Any words of advice? (hang in there? go back to school? etc)

If you believe it is wise to seek a mentor, anyone you know that would be interested in becoming that mentor I seek? I feel that I am ready to take the risk on that route.

Apologies for the drawn out e-mail, and the utmost appreciation for your response.

See below.

belles photos-Er.pps (Photos)

Thank you for the photos.

Dear Ed,

Thank you for reading and responding to my update. I am not clear on the comment you make on the May 18 FAQ, "One way out of shyness is to be willing to be shy". I have been shy my entire life and I believe that I am willing to be shy. I wonder if my behavior does not exhibit willingness.

/wp-content/uploads/2009/04/shy_boy.jpg

In the section on Cause and Effect model, there is a typo in the paragraph "For example, say he wants to spend some government money ....... this constituents .....", I think you mean "his constituents" instead of "this constituents".

Thank you for the catch.

So, in terms of your audience, what is simple or obvious or exciting to you may be and probably is beyond the scope of "just folks" tuning into Oprah or choosing a book to read on the plane.

Thank you for your support.

Further Years after the Government decides to nationalize the Company as the management greed and lack of skill are to blame and replace private managers with qualified, more skilled politicians. All convenient fixes.

Thanks a lot for all the Ed-ucational material

OK.

I get 2+ Sharpe ratio (with risk free = 0) and Bliss of 1.5 consistently.

But yes the sampling is then done intra day - not EOD.

I'm up 60% for the year. All thanks to Ed and his teachings.

OK.

I dig your LP. The songs are a lot of fun, and the fidelity is amazing!!! I couldn't believe my ears. Bernie Grundman is truly one of the top mastering engineers of all time. Thank you, a real treat to hear on virgin vinyl.

When my next record goes multi-platinum and Rolling Stone asks me what I listen to, I'll just have to tell them!

Thank you for your support.

More Bernoulli

Hi Ed,

I like your theory and I like the new website layout.

Although I am not a scientist, I think your experiments are very convincing.

I did the experiment in the swimming pool last year and it works. My hand gets sucked into the spout, but only when I put it at a particular distance.

It also makes sense intuitively when thinking about airplane lift.

I suppose your intent with the website might be that science acknowledges your theory, scraps Bernoulli from textbooks as an explanation for lift and uses radial momentum instead.

You might want to talk to a person with knowledge of PR on how to market the idea properly.

Personally, I think the power of the theory is that it is controversial and that it goes against the grain. It reminds me of the guy who lifts Stonehenge-size blocks without modern machinery.

Controversy happens to be an ingredient the mass-media love.

Have you thought about contacting science publications, or National Geographic channel? Maybe a show like Myth Busters would be interested in putting radial momentum to the test, with a plane that has wings with equal length of top and bottom. These guys would share in the glory if they disprove mainstream science, so they might be very willing to get into this.

Thank you for your support.

This sort of thing is very common now days.

Parallel flow does not support Radial Momentum.  See Levitator.

Wants to Intern

Dear Mr. Seykota,

By any chance are you still trading? Do you hire interns? I would really like to learn from a Great like yourself?

See below.

I lost my temper with my sister, and allowed her to pull me back into family tail-chasing. My big "AHA" about my family seems to have set some kind of Under-Fred upheaval. I'm going to let it settle, and then respond with another push in (what I hope ) will be a healthy direction.

Blog-720587.jpg

Thank you for sharing your process.

I notice I have a different response in my trading - staying and listening. I had frequently been in very good trades and exited too early or simply not taken the trade. I am very appreciative of the support that my tribe has given me. I also appreciate my other tribe members going all out in the work and allowing me to benefit from either being involved directly as a role player or watching and experiencing the process.

Thank you for sharing your process.

Thanks for all the positive support. I log 22 hours this week, I see major improvements.

OK.

How I may join this group? And can I get The Trading Tribe book?

You might consider looking around on this site.

Here is our Tribe Document.

Hi Ed,

Upon reading your reply to my FAQ dated Tues. May 26, 2009 – Annoyance, Frustration & Anger, I think, “Wow, what a tough answer” and I then feel slight tingling in my chest, I can feel my heart beating as well as feelings of vagueness, of being unsure and of being lost. This lasts for a little while & is quite interesting to experience. (especially the ‘lost’ feelings). The feelings are not unpleasant , just a bit strange that’s all.

I then ponder the situation and realize that it’s no big deal to tell my wife that I want to work on my issues, I will simply tell her of my reasons for wanting to travel to I.V. and be done with it.

I have little doubt that she will give me her blessing. I don’t believe that she would see it as a problem.

However, just thinking about doing it I feel a great resistance.

Why should I have to tell her? This is my business, no one else's. She wouldn’t understand, She would judge me. Do I need the ‘headache’ associated with any (perceived) nagging that might be forthcoming? Do I need to hear “why ‘this’ & why ‘that’”? Do I need to hear, “what about me?”

O.K. resistance not withstanding I do share my feelings re: doing ‘work’ at I.V., as I say above it ends up not really that big a deal at all. My wife simply asks why can’t I work on my ‘stuff’ here instead of going there. I answer by saying that I prefer to work on my issues at the source of the TTP technology. She supports me by saying, “Do what you think is best for you”

It feels awkward & a bit clumsy for me to open up, but I do and I feel good about it.

Now I begin to think, “What if Ed had asked me to share my process not with my wife but with other non-trading tribe people” (i.e friends, acquaintances etc)?

Well, now this is now a totally different story. At this time I can say that there is no way I will do that. I find it difficult to even imagine doing this.

These are definitely my issues right here.

I have known for a long while that I find it difficult to express my feelings & thoughts to those that I believe would not understand and I know that I have ‘big-time’ acceptance issues (these go back to school days, where I found it difficult to fit in).

I don’t want people to think I’m an oddball, an idiot or some kind of freak.

I suspect that this is also a big motivation for trading the markets, yeah sure I want to make money, but I also would like others to think, “Wow, look at how successful he is, isn’t he good, isn’t he smart, isn’t he clever, blah, blah, blah...

With respect to your comment, “You might consider your reticence . . . . as evidence that you might not be ready for Tribe work at I.V.”

This is one of the reasons why I want to attend I.V. in the first place, to work on these issues of why I feel uncomfortable with opening up to people & telling them what I’m doing. I can say with 100% certainty that I will have no problems expressing myself in a group of like-minded individuals who know the process and are all working on their own issues, but as I mention above, I feel a great resistance with others that don’t know the story.

I honestly don’t believe I’m in this for the “healer-patient fix-em-up games”.

You had said in our phone conversation that this is very much like a catch-22 situation. I agree, since in order to open up to people and tell them what I’m doing & feeling I need to work on my acceptance & judgment by others issues, but in order to work on these issues I need to tell people what I’m doing & feeling - and ‘round and ‘round we go.

It’s also the reason that I found your reply to be a tough one for me to read and digest.

I will say again, that I'm willing to work and 'games' are the last thing on my mind.

R_Hidding-From-Wife.jpg

I notice new posts on FAQ. Thank you Batman & Ed for your commitment to publishing them.

You are welcome!

Greetings Ed,

If I may, I'd like to lay the groundwork for a Trading Tribe here in the Philippines.

I have an opportunity to confront another man with a gun last night as I leave IV. An officer pulls me over. I am about to get my first ticket in 10 years. He tells me I am 8 miles over the speed limit and my registration expired on Tuesday. I decide to take responsibility for both; not to argue and not to beg. With a flashlight in my face, the officer probes me about where I am going, what I was doing in IV, and how can a meeting run so late. I feel crowded and angry. I feel that these endless questions are none of his business, but I am afraid to confront him with that. The Fifth Amendment flashes in my mind. I reject the thought. I am implementing the 5% solution: comply with the demands of the man with the gun.

The procedure lasts 20 minutes. The officer comes and goes. I feel anxious. I can't see him approach--his car's bright lights, all 100 of them, are right in my mirrors, in my eyes. I feel like I'm under interrogation in a spy movie. I can hear music radio coming from his car. I wonder if he is dragging his feet on purpose.

Finally the officer appears one last time and shoves a Palm Pilot in my face. It takes me a while to realize he wants me to sign something. I marvel in technological progress since since my last ticket. A second officer, who appeared meantime as backup, tells me I can sign now, or go to jail and sign there. I share a strong feeling with them--I say, "Now I'm scared." Then I feel fear that the officers may take that as mockery. I add, "I don't want to go to no jail." I wonder about my atypical use of the double negative.

As I drive away, I feel like shit. I feel like I've been stepped on. More specifically, I feel like a piece of shit that has been stepped on--the boot that stepped on me must feel disgust at having anything to do with me. For the next 5 hours and 235 miles my heart sinks to my knees every time I see a police car.

Articles/arrest.jpg

Ed says, "In the TTP model, intention is another name for the system structure while result is another name for the system behavior." (FAQ 5/8/09, Motivation + Intention+ Action = Result??)

If the intention of a pendulum system is to swing back-and-forth, it seems to me that the "intention" (in TTP context) of a trend-following trading system is to capture trends (if it exists). We come up with rules (e.g. placing buy stop orders above a N-day high or sell stop orders below a N-day low), and the "result" is that any time there is a major trend going on we are certain that we are participating in it. That's it. Whether it makes money is not part of the "intention".

My question is, can we build a system whose intention (again, TTP-sense) is to make money and be profitable?

While not necessarily mutually exclusive (on the contrary, there might be some correlation), it seems that a trend-following system has no specific intention about profitability. Its "purpose" is simply to ensure that we are riding a trend if it shows. It doesn't guarantee how often the trends may come, or how big the trend we are riding is, or whether or not it is going to be a profitable system in the long-run. Maybe as a by-product it is profitable, but that doesn't seem to be its intention. It may or may not.

If Intention = Result, I am wondering how I can go about designing a system whose intention is specifically to make money, and it shows in the result?

Or to make it more specific, how can I go about designing a system whose intention is say, keep its maximum drawdown less than 15% while growing at least 15% a year?

I can go through the TSP exercises, find the optimal parameters that fit the criteria and etc. But it seems that even so, I cannot conclude that if I commit to following that system in real life going forward, its result (or in TTP-sense, intention) is to continue growing at that pace. As they always say, "Past performance isn't necessarily indicative of future results."

I appreciate your thoughts on this, thanks.

ScottHilborn/Porpoise.jpg

Ed says, "I wonder you you define progress" (FAQ 5/14/09, Progress) I am guessing you mean 'I wonder HOW you define progress'

Well, the dictionary has the following which I pretty much agree with:

A movement toward a goal or to a further or higher stage. Advancement in general growth or development. Forward or onward movement,
the forward course of action, events, time, etc.

If you want it in my own words, then I'd define progress as closing the gap between our current state and the desired state that we target to move towards.

Ed says, "When You Stop Measuring Progress in terms of things and when you start measuring progress in terms of staying in the now, you are
making some progress." (FAQ 5/14/09, Progress)

Hmmm, that's interesting and I have to think about it. It sounds like all Big Wave measurements I've heard from Workshop participants are all related to measuring things (e.g. how many Roadmap chapters one completes? how many strangers one approaches and initiates a conversation)

Can you give some example of measuring progress in terms of staying in the now? Do you mean how often one gets lost in his work because he is so deep into it?

december2005/tapemeasure250.jpg

It is easy to see the analogy of this with what the central banks are doing (keeping the monetary spigots open at full blast for a long time). Looks like the overflow is inevitable. Some markets could have the rally of a lifetime.

OK.

I enjoyed the presentation this morning.

OK.

Except if you allow me, to thank you for the content of your character revealed in Market Wizard's and Trend Following, and of course your Trading Tribe book that I bought and read with amazing delight a little more than a year ago.

Thank you for your support.

Ed,

An economics professor once remarked he had never failed a single student, but had once failed an entire class.

That class had insisted that socialism worked; that no one would be rich, and no one would be poor, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on socialism. All grades will be averaged, and everyone will receive the same grade. No one will receive an A, but, no one will fail, either.

After the first test, the grades were averaged, and everyone got a B...

The students who studied hard were upset, and the students who studied little were happy.

As the second test rolled around, the students who studied little had studied even less, and the ones who studied hard decided they wanted a free ride too, so they studied little.

The second test average was a D. No one was happy!

When the 3rd test rolled around, the average was an F.

The scores never increased as bickering, blame, and name-calling all resulted in hard feelings, and no one would study for the benefit of anyone else.

All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great; when government takes all the reward away, no one will try, or even want to succeed.

The U.S. continues down the primrose path to socialism, no matter who is elected president. The state will have ever-increasing absolute authority over every aspect of your life.

It's really that simple, and can you believe people among us actually think this is good, that they want this to happen here in America?

Thank you for the yarn.

Ed,

According to my feeling, one of the positive intention of the feeling of waiting is to keep me safe and / or to keep me out of trouble.

According to your experience, what is the positive intention of the feeling of waiting?

us/clipart/default.aspx

At this point I do not have the answer for the capacity of the business (or how much money will I manage) but I have a sense that it will be a range. To little and I cannot use my position size algorithm and I cannot be compensated for the effort. To big and I cannot trade the markets that I am planning to develop the systems for, position sizing / diversification suffers and I will have to scale in and out over many days. If anyone is interested in my list let me know and I will send it.

Thank You for supporting me, I feel that I make progress through your support.

You might consider taking you feelings about <judgment> to Tribe.

Hi Ed,

I own a copy of The Trading Tribe book and I review it periodically as I find it insightful and applicable to areas of my life (trading and otherwise) that I work on. I understand that you have a new book called the Trader's Window but I do not see any purchase information. If it's available I would be happy to buy a copy and if it it is in a 'beta' stage I am willing to read it and provide feedback - assuming of course you are interested in receiving feedback.

Also, I am curious as to what has happened with the Trading System Project? There has not been an update in a quite some time and I think many Trading Tribe followers find the demonstration a healthy review of basic robust system design.

TSP awaits your contribution toward moving it forward.

Completion Percentage

Dear Ed,

Thanks for all the feedbacks and support mails I receive.

I feel up and down when I look to my recent progresses of my Big Wave:

*) I have completed at least 85% of the research on Portfolio Heat. I am working on coding some Heat allocation rules based on trade profitability.

*) I start to explore multi-system and multi-timeframe. I feel there is a lot of work to be done.

*) In general I feel I have tried a lot, find a lot of things that do not work (good thing) and come up with a bunch of new ideas. Really cool!

*) I have completed 55% of the available material in System Dynamics. I see a massive potential in mastering that technology.

*) I notice I keep receiving other people mail which are very inspiring. I see Big Hearts.

*) The relationship with my girlfriend is growing stronger, I feel I am a better receiver and I keep supporting her during this though times.

*) I am in-line with the hours scheduled.

I wonder how you know that you are 85% of the way toward something that you do not know about.

Are Women Born This Way?

Clip: http://www.snotr.com/video/2630

women-remote.jpg

Is there a prison in your town? If so, go and take a look at it--you will find yourself in a society in which everyone is fed, and everyone has work, in which clothing, accommodation and heating are all provided free.

I wonder how you feel about this.

I am writing to give my contributions and suggestions on a couple of points since my last read 7 days ago and I see everything is already taken care of!

Amazing stuff!

Thank you for your feedback.

6. The Professor section – interesting example of a dull thinker, but it sounds a bit peevish to post about his limited imagination to the world. Given the UNR business card, those in the know will quickly figure out who he is, possibly earning you an unneeded enemy. He is obviously not a person to take on the world or the textbook publishers himself, unlike the radial radical who wrote the levitator article. :-)

7. LOL at experimenter subjecting himself to hardships...

8. Cavitation ring observation: as powerful as #4 above. Better emphasis. Jet with trailing ring is a powerful observation that mimics the water-jet cavitation ring. Very interesting stuff. Are you aware of anyone who has tried to explain that phenomenon with the Bernoulli equation, and whether they were successful?

9. Conclusion says that the Bernoulli equation does not apply to the levitator. Does that also mean that it does not apply to lift? If so, say so. That is the critical point of the whole article, right.

Thank you Ed for asking for my feedback on the levitator webpage. Let me know if there is anything more I can do to assist.

Thank you for your feedback.

Congratulations!

Procrastinate: Maybe I can get around to defining this one later.

06/02/guest-column-like-water-for-money/

This appears to be a precursor of our current modeling work.

Great work on the model Ed! I enjoy playing with the model over the last few days.

I notice that if the slider remains at zero that the application runs and no milk enters the glass. In real life I suppose moving the slider corresponds with putting the glass under the flow, just because I do not move the glass to receive the milk does not mean the milk is not being poured out. Perhaps someone else is getting my milk. I remain in the Now focusing on the target, flow, etc. To get a smooth curve and rate of fill…it is interesting where we can end up when there are no policies…

I like the design changes…the slider at the top…

I like the fact the application runs fairly fast…mimics life in many respects…and if you are not paying attention you get milk all over you…

I notice my policy variations each time I fill with different intentions…I also notice my feelings about other levels in my life and the policies affecting those levels…what affects my level of happiness or joy, my level in my trading account, my level of satisfaction with my relationships, etc?

I am thankful for the trading tribe…I feel policies are changing perhaps one at a time in my life…

I notice in the actual experience of pouring liquids that rate of change begins slowly then advances more rapidly then rate of change must slow considerably before stopping at the target level…

I enjoy the milk model very much…I think about a lot of different things related to levels, rates, flow and policies. I can picture a chemist with a flask in one had pouring in at a certain rate and in the other hand a large syringe pulling out at a different rate…I work with liquid dynamics most of my professional life but the exercise gives me new insights into “the flow” of markets and the economy…

Thank you for the opportunity to participate in this development Ed.

Thank you for the feedback.

4) Before: I am frustrated and a bit upset with myself for not having success with the commitment I make to my Tribe. Once I hear someone approaching I get very happy that I have an opportunity to talk to a girl.
After: I feel very happy that I complete my commitment for the day.


Feelings Log by day:
Friday - I feel tired, headache near each of my temples, dehydrated. At night I feel tired, I feel my body "shutting down" and not wanting me to continue.

Saturday - I still feel tired. I feel relaxed during the day when I am playing golf with my friends. After a girl that I met on Thursday does not respond to me I feel rejection. I notice that I have not felt this way in a while. I try to experience my rejection. I notice I enjoy it a bit more when I do. I feel something in my chest, around both of my lungs. I feel like I have the urge to cry but I do not have enough of a stimulus to make me cry. I have trouble sleeping.

Sunday - I wake up several times in the early morning. I get out of bed early but do not feel energized. My mind is racing and I cannot organize my thoughts. I have enough energy to complete a good workout at the gym. I feel tired and sore on the right side of my neck. My head feels heavy, the middle of my back is sore. I feel like my body is telling me to shut down. I feel overwhelmed at all of the things that I am working on and all of the things that I think I need to do. I notice that I do not want to go out and approach and talk to more women. I feel like I do not have the energy to have a conversation.

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Dear TTP Big Wave Support Team,

This is to report my progress and commitment to my big wave.

First thank you for volunteering to support my Big Wave.

The relationship with my daughter is improving everyday. We share feelings and I feel when she tries to put me in drama. She starts to force a cry.

Last Saturday me and my daughter go (went) to a park. We spend two hour there and we play a lot. She rides a bicycle and she asks to me to buy a airplane toy. I remember when I was a kid I love to travel by airplane. I used to go to the pilot cabin. I feel happy.

Every Wednesday we have a dinner together (me my wife and daughter).

Since the workshop I using the language about the process. For instance say thank you for every gesture that the others people do. It is strange. It seems like the others sometimes don’t like to receive a simple thank you. When I respond e-mails. Sometimes I fell that someone wants some help (for instance with trading, emotions) I comment and the K-not about the feeling is so strong that the people tries to deny the feeling.

I’m in the process to just receiving the felling that the other people send.

I have some issues about talk. I talk a lot and I talk about what I feel about the the feelings of the other people.

I'm trying to mix the process and respect the others the way they are.

After the workshop I'm letting my daughter show her feelings and don't use the word no. Sometimes my daughter wants a chocolate in the morning I give to her. My wife starts to complain about that. Sometime she wants a baby bottle of the princess and my wife says that it is dirty and I wash the baby bottle of the princess my wife says that I take out her authority.

About the relationship with my bosses is much better.

I was fired last Monday. I don’t have bosses anymore.

Just me. I want to say thanks specially for Ed and [Name] showing that what I really want to do is work for myself. Thank you.

Stick to my system.

I'm following every signal since the last report.

In one market, I have three losers in row. The fourth signal I follow without any hesitation. Thank you for supporting me.

The amazing thing is before the workshop my system was showing a profit and my fund showing a loss.

After the workshop, I followed any signal and my fund is in a new high.

One market here in [Country] I have a profit almost 8 times my initial stop loss.

It like The Whipsaw Song. "One good trend pays for 'em all". Thank your for the song, Ed.

This market is that one that my ex-bosses asked me to cover the position.

Thank you Ed and all my supporters to show that to have a profit the most important part is Sticking to my system.

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Wants to Apprentice

Hello Ed,

I would define the term apprentice in this context as any type of situation where I may learn about trading from you. It would ideally be full time in NV for maximum exposure, or some other type of distance arrangement.

I am a young man, who badly wants to be a successful trader. I do not have a lot to offer in return for what I am asking, but I am willing to work for whatever it takes to achieve my goals. Please let me know if there is any type of arrangement you would consider.

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From Control to Intimacy

Dear Ed and all,

I re-read my reports and the metrics. I realize that, while they are sophisticated and well designed, they miss the point. The idea is to have spontaneous intimacy-based reactions, not to act like a robot, write down all my answers and say “I am acting with intimacy 78.25% of the time”. It is like a trader who tries to show how committed he is to win by reporting that he is trading the whole day, although he cannot show a profit…Furthermore, just one or two wrong answers (to my children, to my wife) may do a lot of harm.

In the last five days I also do a substantial observation in the relationship with my wife. I realize that I am not the monster I feared to be, that some needs are just impossible to fulfill, and that we both used attitudes of the other to generate some feelings. I am worried that some issues are still unresolved after discussing them a lot of times over the years. However, I see that as I change my attitude about the problem and receive the feelings of my wife, she changes her acting.

I have a long talk with my daughter about her fears. She wants to get rid of it. One month ago she talked about that with my wife, but asked her not to tell me. My wife observes that I have a much better communication with my daughter.

I observe that I start using the question “How do I respond in this situation from an intimacy-based approach?” very frequently and that the process is much faster and sometimes automatic. I wholeheartedly thank [Name] for his suggestion of not using “I stop control” but “I use intimacy”. Great advice! But I am not quite satisfied.

I think a lot about the issues (control-rejection) that I want to work on at the IV meeting. My current commitment is not to provide metrics, but to take this issues to the hot seat and to resolve it.

Thanks you for your support.

Next week I will be abroad and my report can be late.

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I log in 30 hours last week. Underwent two days of training, and made a huge impact. I created 2 models from scratch with the Stella software, a model of a martial arts school, another of the exp cross over. Was a huge break through week. I continue to look forward and enjoy the journey.

Thank you for sharing your process.

Dear Ed,

Can you please tell / guide me about following?

What are the psychological and emotional traits of an experienced profitable trader?

You were profiled in Market Wizards book. Which trading books would you recommend to a person who wants to succeed as a trader?

Thanks in advance for any guidance.

I have a link to some resources, above.

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Thank you for the article!