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January 1
- 14, 2010
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Contributors Say
(Quotes from Ed in Red) |
Ed Says |
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Thursday,
January 14, 2010
New Toronto
Tribe
Hi,
I might as well get a Tribe going, have some fun, and pass the torch
when I move out. I've attached the form from the site to this email.
So far, my only exposure to what the TTP process is all about is from
the write-up on the site ... is there any other info on what we can do
during a Tribe meeting? If not, that's fine ... I'm sure we can figure
out what to do.
|

Welcome
Toronto ! |
|
Thursday,
January 14, 2010
Wonderful
Results
Dear Support Team,
I'm sitting in my office feeling thankful for all your support. With the
help from you, TTP, and my local Tribe, my life changes. I notice things
becoming easier and easier. I notice that my relationship with my wife
and son continues getting better and better. Now my wife and I don't
attempt to try and figure out difficult reoccurring problems using a
linear cause & effect model, instead, we simply take it to Tribe. I
notice that our dialog with one another is more about how we feel about
things. The results are wonderful.
In Tribe meetings I go through many processes: Rocks, snap shots, hot
seats; and I notice that the more willingness I have in doing TTP, the
better the results. I notice that some of my biggest AHAs occur at TTP
meetings where I initially don't think I'm hot about anything. Really
weird. We have a great Tribe and I'm thankful for the chief and for all
the members. I notice that I get a lot out of other people's processes.
I receive a phone call from my father and he rambles on for about
fifteen minutes telling me in detail how I am right about various family
matters and I notice that he does not say that he is wrong, he cannot
admit being wrong, he has a big k-not about being wrong. He tells me
that he should not have said negative things about my house, then
proceeds to justify his negative remarks. He tells me that "I'm his only
son, so he loves me" then he proceeds to insult me and continue his
usual abusive pattern. This time I start laughing. I thank him and tell
him that my position regarding our relationship remains unchanged, that
the only relationship I wish to have is an intimacy-based relationship.
He does not respond. There is silence, then my mother starts talking on
other line. It is what it is.
I notice that now that I've accepted my father for who he is, I don't
spend energy or time trying to change him or the relationship. It seems
that I have more time and freedom now to have a wonderful life. Things
seem easier for me now. Things once difficult become easy.
I install a
new doorbell, two chimes, a transformer, and a dimmer switch--this is my
first time to work with electricity---I figure it out.
I take and
pass the Series 3 Exam--I find a way to study for the exam--I figure it
out. I install a flat screen TV and sound system--I find ways of getting
the information I need to successfully install the system--I figure it
out.
I notice that I'm taking on more and more responsibility and am happier.
I notice that my relationship with my wife and son gets better and
better.
I thank all of you for your support.
I thank my local Tribe for their support, encouragement, and
willingness.
I thank Ed for helping me unlearn things and for helping me get out of
my own way.
I thank you all for being with me in this moment of now. |
Thank you for sharing your process. |
|
Thursday,
January 14, 2010
Calculating
on iPhone
Hi Ed ,
happy new
year...How about creating a calculator app for the Iphone?
I am sure you have thought about it...
|
I think iPhone already has several. |
|
Wednesday,
January 13, 2010
Nothing
Hi Ed -
I trust you
had a good 2009, and nice holiday season as well.
I saw the below quote recently, which (knowing you just a bit) made
me think of you / and is a pleasant reminder, to stay Present Now... AHA.
-------------
"What happened
yesterday ? Nothing !
What will happen tomorrow ? Nothing !
All happens Now... in the Eternal Now,
from beginningless - to endless end."
-Meher Baba- |
Thank you for nothing ! |
|
Wednesday,
January 13, 2010
Whistlers
and Growlers
Hi Ed..
I thought you would enjoy this... The Earth Sings!
http://www.youtube.com/watch?
v=eHvdZdsIZxg&feature=player_embedded#
Thank you for your continued support.
|
Thank you for the URL. I
wonder how he is collecting the signals - and if any of the sounds
represent interferences between his receiver and the Northern Light
emissions. |
|
Wednesday,
January 13, 2010
Intentions
and Results
Hi Ed,
I was talking to a friend and I mentioned "Intention = Result", and he
tried to list all the counter-examples of how Intention does not equal
Results, just like how I was several years ago :-)
My observation is that most people think of "intention" as "declared
intention", or some "conscious hope". (e.g. I intend to quit smoking; I
intend to lose weight; I intend to follow my system)
As such, almost everyone's first reaction is that Intention is not
necessarily equal to Result. (e.g. "Look, I am still overweight")
Then there is the next group of people who would interpret "Intention =
Result" as something similar to Rhonda Byrne's "The Secret", whereby if
you want to manifest X, you just need to keep thinking (or proclaim your
intention) about X, and X will come. My observation is that this group
of people, if they get a desired result, would use that as an example to
confirm "intention = result". On the other hand, they seldom mention if
the result is less than satisfactory, or worse, use "intention = result"
as an excuse (e.g. "Apparently my intention is not there" with the
implicit message "I can't do anything about it")
I think I have gone through these two stages.
My understanding now is that when you talk about "Intention = Result",
the "intention" you are referring to is more like the "intention" of a
pendulum system, which is simply to swing back and forth once you give
it the initial push. There is no "good" or "bad" about it. There is no
"desired" or "undesired" about it. There is no "right" or "wrong" about
it. That's just how a pendulum is. That's just how it behaves. And
that's what you see as a result.
So it seems that the "intention" is more like the underlying structure
plus some initial condition. Or maybe more appropriately, it's like the
seed deep down that we cannot really see except to observe the result
("Oh, I see it is an apple tree"). In that sense, what you put in the
soil is what you get. Or as your quote in Market Wizards, "Everyone gets
what they want."
|
Thank you for sharing your thinking
on this topic and on how understanding of it evolves. |
|
Wednesday,
January 13, 2010
Going
Through Changes
My support team,
I wonder about my intention of not sending in a report as I agree to do.
Work is busy - many, many changes coming in 2010! Exciting year!
My husband and I attend a meeting with a doctor in November. He tells me
that my diet is not healthy and I need to make changes. My hormones are
not in normal ranges. I agree to complete a survey and he provides me
with a food list do's and don'ts. I find this difficult to follow. I
make changes one step at a time making progress slow.
My father came to stay in November with a friend of my brothers. We end
up with a full house again.
In December I notice I am feeling better with the small changes I make
to my diet. I track my feelings and food on a chart.
My brothers friend leaves to visit family for the holidays.
I find the holidays to be stressful with money and family. My husband
and I have a difficult time and we have a big fight on Christmas Day.
My dad leaves on the 30th to spend time with his wife in [State].
My husband and I find ourselves alone again - this causes us to
reconnect and enjoy each other again.
The New Year starts with a blue moon ... what a magical time!
We attend a
new church and enjoy it. The first service of the new year has a White
Stone Ceremony. We both find a similar word to describe ourselves. Mine
is Mother, his is the name we have chosen for a son. I cry.
Now I concentrate on finishing projects, preparing to start school in
two weeks and moving to [State]. We are not concentrating on baby right
now, we know it will happen this year.
My husband gets many calls over the holidays from his son in [State]. We
contact an attorney and agree to hire her to help us get custody of him.
He is in need of his father. I find great joy thinking of the
possibilities of having him in our lives again...I miss him so much!
I find that my
excitement causes me to be impatient! I am annoying my husband with
questions about the attorney! I will have to look at this intention...
Thank you for your support and your continued good wishes for our
family!
Happy New Year to all! |
Thank you for sharing your process. |
|
Wednesday,
January 13, 2010
Killing
Time
Hello,
I am making
progress on my programming and eliminating much of my medicinal
behavior. I am disappointed that I do not hit my 15 hour goal on
programming. I do feel it is a realistic goal that I can do regularly.
Many on my thoughts this week revolve around watching
http://www.youtube.com/watch?v=WKsNraFxPwk
A friend sends
it to me, I am not sure if they get it from an old FAQ or something.
Anyway, it helps me better understand how time does not exist. I watch
it twice. The first time I have a bunch of "aha's" and most of it makes
sense, the second time I realize I do not understand a lot of it.
The one big
thing I take away from watching him take all his Polaroid snapshots is
that while I create a desired snapshot of an ideal moment, I do not
attempt to do that with my now. I try to experience my now in a causal
manner. So, I decide to start taking snapshots of my now, and isolate it
from any cause and effect, I try to be aware of two things 1) my
intentions and 2) my experience - how am I emotionally taking in this
moment. This has a big impact on my medicinal behavior. My intentions
are identified in a naked moment, alone. No excuses or cause and effect.
Now I know, so all that is left is a test of willingness. I find the
experience simple and fast. There is not a lot of thought. I can do it
while in a conversations or working. I am surprised at what I find.
In an small argument I notice that my intention is to piss someone off
rather than find a solution.
If I click on
the news, in that moment I obviously am not intending be my desired
snapshot. This changes my actions and isolates my willingness.
While I do not
understand the math or complete logic of it, I do find it to be a more
accurate explanation of how I experience my life. |
Bekijk seems to hold the notion of
discrete moments or "instances" of time.
Bekijk's model appears to substitute
spatial sequencing of these instances for temporal sequencing.
He also allows, in a quantum
mechanical sort of way, for "alternative" histories.
In TTP we do not have discrete
moments or alternate histories; we have one and only one continuously
evolving moment of now that occurs simultaneously in all parts of the
universe.
In TTP we hold that Bekijk's
separate snapshots of "past instances of time" all occur in this moment
of now. |
|
Wednesday,
January 13, 2010
No-Reason
Lawsuit
Ed,
I have six
years experience managing sales people, telemarketers, processors, and
office managers. While I can tell you upfront that I do not have it
figured out, far from it. I do have a bit of experience and a lot of
failures that might help you. I am on the opposite end of the spectrum
of you from a management personality, I got along with most everyone,
but it took me a while to earn their respect.
Not as a salesman or even
a leader because at the time I am the cash cow paying all the bills, but
as a manager. On the same note, a while back I hire an overbearing
manager who lays down the law. Man, he does a great job creating
structure in the office. We get a long and all the old problems
disappear with the structure. A whole set of new ones appear and he
eventually becomes totally ineffective due to nobody getting along with
him.
In summary, I have experience
* Identifying different personality types and matching them with the
right jobs.
* Managing the
drama that comes with an overbearing boss and a profitable and demanding
office.
* The
political problems that result from pecking order and having two leaders
in one office. The invisible fight for power.
* I have been
sued for basically no reason.
* I thrown
money, fancy titles, flexibility hours, and power at people and had them
still feel short changed, disempowered and cheated.
* I beat my
head against a wall for six years and still do not have it figure out. |
If you'd like a reason for the
lawsuit, you might consider studying the complaint.
You might also consider taking your
feelings about <keeping your word> to Tribe.

Liar ...

... Lawyer
In the Causal Model
liars and lawyers
wind up connecting in more ways
than just their pronunciation.
Clips:
http://www.steveklotz.com/blog/
wp-content/uploads/2006/08/liar.jpg
http://mason.gmu.edu/~rrotunda/
lawyer-vulture.JPG |
|
Tuesday,
January 12, 2010
Problems
Relating to Employees
Dear Ed,
More than an update - I need your support, Ideas - help!!!!
You may or may not have gathered from our meetings that I , yes hard to
believe have a hard time getting along with people, particularly in the
office.
My turnover is off the charts- It has been suggested that I not work
with anyone in the office or that I work elsewhere- and they there...?
ideas????
My employees may respect me- but can't stand me.
And my involvement with them seems tooooooooo much.
feelings....
frustration.
I need some help on team building if anyone has some ideas.
|
Thank you for sharing your process.
You might consider asking your
employees for suggestions.
You might also consider taking your
feelings about <employee turnover> and <employees not liking you> and
<Right Livelihood> to Tribe. |
|
Tuesday,
January 12, 2010
Free Lunch
Story
Dear Ed,
I want to
share this with you and all your readers.
*****
The Sack
Lunches
I put my carry-on in the luggage compartment and sat down in my assigned
seat. It was going to be a long flight. 'I'm glad I have a good book to
read. Perhaps I will get a short nap,' I thought.
Just before take-off, a line of soldiers came down the aisle and filled
all the vacant seats, totally
surrounding me. I decided to start a conversation.
'Where are you headed?' I asked the soldier seated nearest to me.
'Petawawa. We'll be there for two weeks for special training, and then
we're being deployed to Afghanistan
After flying for about an hour, an announcement was made that sack
lunches were available for five dollars. It would be several hours
before we reached the east, and I quickly decided a lunch would help
pass the time.
As I reached for my wallet, I overheard a soldier ask his buddy if he
planned to buy lunch. 'No, that seems like a lot of money for just a
sack lunch. Probably wouldn't be worth five bucks. I'll wait till we get
to base.'
His friend agreed.
I looked around at the other soldiers. None were buying lunch I walked
to the back of the plane and handed the flight attendant a fifty dollar
bill. 'Take a lunch to all those soldiers.' She grabbed my arms and
squeezed tightly. Her eyes wet with tears, she thanked me. 'My son was a
soldier in Iraq ; it's almost like you are doing it for him.'
Picking up ten sacks, she headed up the aisle to where the soldiers were
seated. She stopped at my seat and asked, 'Which do you like best - beef
or chicken?' 'Chicken,' I replied, wondering why she asked. She turned
and went to the front of plane, returning a minute later with a dinner
plate from first class.
'This is your thanks.'
After we finished eating, I went again to the back of the plane, heading
for the rest room.
A man stopped me. 'I saw what you did. I want to be part of it. Here,
take this.' He handed me twenty-five dollars.
Soon after I returned to my seat, I saw the Flight Captain coming down
the aisle, looking at the aisle numbers as he walked, I hoped he was not
looking for me, but noticed he was looking at the numbers only on my
side of the plane. When he got to my row he stopped, smiled, held out
his hand and said, 'I want to shake your hand.' Quickly unfastening my
seatbelt I stood and took the Captain's hand. With a booming voice he
said, 'I was a soldier and I was a military pilot. Once, someone bought
me a lunch. It was an act of kindness I never forgot.' I was embarrassed
when applause was heard from all of the passengers.
Later I walked to the front of the plane so I could stretch my legs. A
man who was seated about six rows in front of me reached out his hand,
wanting to shake mine. He left another twenty-five dollars in my palm.
When we landed I gathered my belongings and started to deplane. Waiting
just inside the airplane door was a man who stopped me, put something in
my shirt pocket, turned, and walked away without saying a word. Another
twenty-five dollars!
Upon entering the terminal, I saw the soldiers gathering for their trip
to the base.
I walked over to them and handed them seventy-five dollars. 'It will
take you some time to reach the base.. It will be about time for a
sandwich.
God Bless You.'
Ten young men left that flight feeling the love and respect of their
fellow travelers.
As I walked briskly to my car, I whispered a prayer for their safe
return. These soldiers were giving their all for our country. I could
only give them a couple of meals. It seemed so little...
A veteran is someone who, at one point in his life, wrote a blank check
made payable to 'The United States of America' for an amount of 'up to
and including my life.'
That is Honor, and there are way too many people in this country who no
longer understand it.'
Let us pray...
'Lord, hold our troops in your loving hands. Protect them as they
protect us. Bless them and their families for the selfless acts they
perform for us in our time of need. Amen.'
|
Thank you for sharing your story.
I wonder how you feel about it. |
|
Monday,
January 11, 2010
How To Say
It In SVO-p
Ed,
Further data supporting the idea that we are ****ed!!!! I am not sure
how to say *****ed in SVOP!
http://www.nakedcapitalism.com/2010/01/guest-
post-the-military-industrial-compex-is-ruining-
the-economy.html?utm_source=feedburner&utm_
medium=email&utm_campaign=Feed%
3A+NakedCapitalism+%28naked+capitalism%29
|
If you can't say it in SVO-p, it
might not be true. |
|
Monday,
January 11, 2010
Progress
Report
Dear Ed,
Assets:
$534,559.16
Liabilities: $552,143.58
Net:
$ - 17,584.42
500oz goal: $563,375.00
Job applications: 4
Interviews: 3
Offers: 0 |
You might consider arranging your
data in a graph, showing how the numbers are evolving. |
|
Monday,
January 11, 2010
Inspiration
Hey Ed,
Thought you
could use a little inspiration.


|
Inspiration comes from "in" +
"spire" = breathing in. |
|
Monday,
January 11, 2010
Trading
Smaller and Sitting Tighter
My dear TT support team:
Happy New Year to you all!
Thanks for being on my support team!
My commitment: stick to my trading rules and report trades once I exit
positions.
Since I came back from the TT workshop, I have streamlined my “trading
system” and now started trading again.
And today I
have given 3 losses a toss, which qualifies as exits. I categorize these
as good but losing trades, meaning, these are trades with positive
expectation, although the outcome on these 3 are losses. But I feel if I
do similar trades over and over (N -> a large number), overall these
types of trades will make money, aka, a good trend pays them all, and
have something left.
Overall I am satisfied with my progress. I now trade a lot smaller than
before (overtrading is my No. 1 weakness – I become very greedy when I
am winning). Trading smaller position size enables me to sit tighter and
pay less attention to the minor daily fluctuations and focus on the
primary long-term trend.
Thanks for all your support, and Happy Trading! |
Thank you for sharing your process. |
|
Monday,
January 11, 2010
Setting the
Table
Hi Ed,
I recall a table you show at the October workshop that compares
"typical" language and TTP--it maps "past and future" to "now," "debt"
to "savings," etc.
I wish to
license this table for use on my website. |
Thank you for asking; you may use
the table for free if you credit this site. |
|
Monday,
January 11, 2010
Learning to
Throw Inside
Hi Ed.
Below is my
Baseball Pitchers Essentials Cary Card.
The Essentials
1) The umpire is always right.
2) Work ahead in the count.
3) Attack the strike zone.
4) Diversify your pitch selection and location.
5) Value your teammates in the field.
6) Trust your stuff.
I cannot help but notice the similarities to Ed's Essentials pertaining
to trading.
I recall early
in my pitching career that I make excuses for throwing the ball in the
hitter's sweet spot, being afraid to throw inside and trying to strike
everyone out.
Then I recall
changing my faults and
winning...and
winning big. Thank you, everyone, for your continuing contribution to
FAQ. |
Thank you for sharing your process. |
|
Sunday,
January 10, 2010
From
Humiliation to Intimacy
Dear Ed,
The below is from my Breathwork Weekend application. It is very personal
and I wish to contribute it to FAQ.
*********
The total
cumulative effect of TTP and Tribe Work is the unfreezing of my heart
and the awakening of my body. It is profound and deep. I feel I’m being
reborn into life. I recall a recent day when I spontaneously hold my
arms up cheering, shouting, “I can feel! I can feel!”
Melting my resistance to feelings I judge awakens me. I recall this past
week I discover the feeling of humiliation, my judgment of it, and my
resistance to it.
My wife and I
have an intimate and close relationship and incorporate Tribe processes
into our moments of now, like little Tribe meetings. Something comes up
in our ongoing process. I recall resistance to the feeling of
humiliation, but it is a pattern primarily in our relationship when we
were dating 10-12 years ago. Yet, it’s something I experience intensely
in present, like something long buried coming up for healing. Back in
that time, my wife (girlfriend then) feels that I’m not hers, that she
can’t have me to herself. Resisting her feelings of vulnerability she
wages a campaign of telling me about her past experience with
boyfriends, sometimes during intimate settings between us. She tells me
of sexual experiences with past boyfriends when we are in bed together
talking. She tells me of her everyday life experiences with past
boyfriends in everyday life settings with me. I resist the feelings of
hurt that come. I resist the feelings of vulnerability that come. And I
totally freeze and block out the feelings of humiliation that come. She
wants to get a rise out of me. “Show me that you love me!” “Show me that
this hurts you!” Her actions scream. I don’t react. I resist. I refuse
to feel. I do not share myself.
As the drama goes on, the more I resist the harder she shakes me. Like
being shaken as a baby by a scared mother. It’s my resistance to
experiencing the humiliation that prevents me from seeing her behavior
for what it is, inappropriate. My resistance is her fuel! Wow! My
resistance to feeling the humiliation is what keeps me finding
situations to feel (and resist) humiliation.
Wow!
You mean to
say that feeling a feeling doesn’t make my reality that feeling but
allows it to dissolve? So experiencing vulnerability doesn’t mean I am
making myself into a vulnerable person? So experiencing the feeling of
humiliation doesn’t mean I’m asking to be humiliated? Whoa, this is big
stuff.
The feeling of humiliation flows. The pain of my resistance to it
dissolves. The “juice,” the “drama” of the actual events lose their
potency. I see a positive intention of humiliation is to identify
inappropriate behavior. I feel I’m adding humiliation to my emotional
instrument panel.
I see so clearly how my intention equals my result. My intention is to
resist feeling; vulnerability, hurt, and largely humiliation. I
magnificently get my result. My wife (girlfriend at the time) serves me
beautifully. The more I resist the more she gives me to resist.
This is an amazing AHA! to me. I feel grateful to my wife for supporting
me then and now. I take total responsibility for my result and feel no
blame.
This deeply personal experience feels universal to me. It exemplifies so
many aspects of TTP that I read about, connect with, and now experience;
Intention=Result, I create drama around feelings I resist; the way out
of something I don’t like is to enjoy doing it.
I feel a
structural change, a reordering of myself. It is so much easier to
experience a feeling than the energy and commitment it takes resist.
Thank you, Ed,
for developing and sharing this technology. |
Thank you for sharing your process. |
|
Sunday,
January 10, 2010
Cold
Showers and Better Relationships
Dear Tribe,
I had a good week last week- up 7%.
Lots of houseguests. I was busy, and I feel like we got a great deal of
good work done.
My commitments for 2010.
Make a 100% return on my account.
Sell [business] for one billion dollars.
Sell [another business] for cash and stock. Value $ 50 million or
better.
Read the FAQs every weekday from Now to the Past/Now. (I'm reading FAQ
backwards).
Continue with Closure and Precision.
FYI
Here are the thoughts I got from Tribe. Some excellent thoughts here. I
appreciate everyone's contribution.
-----------
As for 20% of
my best habits / 80% of gains it comes down to two things:
1) Trade Review.
a. Doing post-analysis of my buys and sells and studying them on the
charts.
b. Studying the great winners (whether I was involved in them our not).
I think of this as studying "the canon" of stock patterns.
2) Finding Opportunities. For me this includes thumbing through my watch
list, paying attention to what's moving in the market, reading IBD ...
just generally looking for stocks that fit my profile.
I'm a discretionary trader. Of the two points of above, the first is the
hard work. It's the intense preparation. It's also a very, very
important factor in building confidence in my strategy. This is in
essence my form of back testing. The second point is the "easy" stuff.
Just "breeze" along and when I see something that looks like my
strategy, things I've studied, then pull the trigger. Point two is
merely the application of point one.
Hope this is helpful.
----------
One thought,
you write "I am comfortable with drawdowns. What worries me is that I
may be on the wrong path -and I do not understand how to check that."
I wonder if
it's the drawdown that gives you the worry and how this fits with being
comfortable?
-------------
I receive your
email and think a lot about your request for "20% of your best habits
that produce 80% of the gain". At this moment, I notice that I don't
seem to think of things in terms of 20% best habits that produce 80% of
the gain. That's just me right now, though.
Here is my process:
100% effort in Tribe meetings which is approximately 2% of my time gives
me 100% of my gain. Basically what gives me my gain is simply me getting
out of my own way. What gives me my gain is unlearning all the stuff
that I've learned to do that doesn't work. What gives me my gain is the
work that I do for myself and others in Tribe meetings and continuing
communications with Tribe members.
In short, I
take stuff to Tribe and use TTP.
Here are some results:
1. My dad calls me after months of not hearing from him. He apologies
for some comments he makes about my house, then proceeds to insult me--I
respond by thanking him for providing me with a great example of using
deflection to avoid talking about things that I express desire to talk
about, and I laugh. I continue to laugh after I get off the phone. He is
what he is, I don't expect him to change, he is perfect the way he is,
and I am thankful for the example he gives me of what not to do. I
notice that for the first time I am really truly happy in my life and
that he has no influence over me. Really weird.
2. Mom comes over and tells me about her not wanting to be abused
verbally by her mother. She makes plans to come over more often and our
relationship is good.
3. I install new door chimes, light switches, dimmer switches and a
transformer. This is my first time to do electrical work. I figure it
out.
4. I take and pass the Series 3 CTA Exam. I've never had a class on
futures trading. I find a way to study for the test and I pass the exam.
5. I complete my trading system source code and am now optimizing my
system across a portfolio of various futures. I keep my parameters to a
small number and test my system for robustness.
6. I make plans to launch a new business in January trading futures for
other people and have my logo and initially marketing material complete.
7. I present an idea to the NFA on how to pay associate persons that
work with me, and I receive agreement from them.
8. I receive agreement from one person to work with me and we complete
our first 3-day meeting.
9. I continue to learn System Dynamics and find a way to learn more and
integrate it into my business.
10. I use System Dynamics to test my trading system.
This list is longer, but those are some highlights. In short, my gain is
a direct result from my willingness to do TTP. I notice my biggest
breakthroughs at Tribe tend to come when I don't think I'm hot about
anything
"Of course, by closing one issue another may appear, in different form."
You will not stop having problems - you will just have bigger and better
problems.
-------------------
My 20% idea is
to take managed risks and treat results as information not marks of
failure.
20% of my best habits? . . . . what, you don't want 100% of them?? ;-)
"I would like to know where the 20% of your good ideas come from. I need
to shake up my trading process."
I imagine that in order to be creative one first needs to fully
understand the field that one is operating in.
Leonardo is considered a genius, but in order to be able to express this
genius & his creativity he needed to know the basics of painting,
perspective, sculpting, casting, engineering, mathematics etc.
Ditto Miles Davis, brilliant one of a kind Jazz great. But to begin, he
needed to know music theory, harmony, scales, melody, modes etc
Only then could these men produce the great works that they did.
So . . . . w.r.t. trading, good ideas come from knowing the basics (as
well as the intermediate steps), which I assume you already know.
For those that don't, the internet provides a host of valuable resources
to enable one to get 'educated' plus there exists books, software & Ed
Seykota...
My personal favorite resource is the Blox traders Roundtable forum where
you will find the answers to nearly all trading queries & a valuable
source of ideas on systems trading.
http://www.tradingblox.com/forum/index.php
Once you have an appreciation for these sorts of things (i.e. the
basics), you can begin to implement some of your ideas gained from this
basic knowledge.
If you're interested in generating many many original "good ideas" from
the basic knowledge that you have then simply get this book called
"A whack on the side of the head"
A very fun read and at $11.00 hardly a bank breaker.
If you don't come up with at least a dozen new ideas right of the bat
then . . . .well, . . . . I s'pose, I will give you 3x your money
back!!!
My problem is not so much a lack of ideas but more the motivation & the
time to pursue them & research them. (but this is my issue & not
necessarily yours)
Creativity is a skill that can be easily acquired. I honestly believe
that. It's like learning to drive a car or swinging a golf club. Anyone
can do it, if they apply themselves.
Another thing that I find helps ME to be a better investor / trader is
being very well organized. By this I mean, you have a plan that you are
able implement.
Whether it be
systematic or discretionary or a hybrid of the two is irrelevant.
You know
exactly;
a) When to get in
b) When to exit if your position is profitable.
c) When to exit if your position is unprofitable.
d) Which markets you are trading/stalking/following
e) How much of your account you are risking on each trade idea.
Well that's the plan, following it is another story again!
------------------
Glad to hear
you continue to progress.. As far as the best habits, I have found that
it is helpful to take the attitude that "if you want something the key
is to deserve it"
For example, if you want to be a successful trader, determine what the
successful traders do, and then do that. Research and implementation are
the keys. If you can answer "yes" to the question "Have I done all I can
do to make this work? "You will have success. This seems to work in all
endeavors of life.
For me, learning how to manage risk is the most important. Correlations,
outliers, gaps, position sizes, etc. all impact this. It is my belief
that successful traders who achieve longevity take a lot less risk than
is commonly presented in most system examples.
------------------
I have two
rules for my house
rule 1. no
panicking
rule 2. no
whining.
There are many
forms of panicking, each time I take a shower I finish with coldest
water the shower has to offer, to set the day off without panicking.
---------------------
Thank you for
sharing your processes. In my processes since the workshop, the elements
that produce 100% of trading success from what I can gather from those
who are successful are in the master piece we refer to as "Whipsaw song"
by Ed Seykota.
To shake up
your trading process and reform the trader in you, you might consider
those tunes.
Thank you for
all your thoughts. I am taking them to heart. |
Thank you for sharing your process. |
|
Sunday,
January 10, 2010
Progress
Report
Hello Ed and Support Team,
Since I originally committed at the last workshop to sending weekly
reports regarding not violating my stops I am happy to report that I
held firm and am up 3.75% on the week.
I have been
"tempted" to enter a couple more positions that are very close to
triggering, but I simply cannot until they have met all my entry
requirements. Since I am nearly fully loaded and there's nothing to do I
am working on developing a shorter term system to diversify my very long
term system. Upon further reflection and cognizant that you are all very
busy people I think I will revise my updates to only when I enter or
exit a position and whether I followed the system stops or not, instead
of weekly.
However, in order to make this an interesting post on FAQ I wonder if Ed
would elaborate on the situation he mentioned in passing at the workshop
where a person is brought up in a household with a weak father and an
overbearing mother and what the psycho-emotional pitfalls this typically
presents, as I would certainly fall into this category.
Also Ed, I did volunteer to be a proofreader for you, but have not seen
anything yet. Just letting you know.
If I can be of any assistance to any of you please do not hesitate to
email me.
Thank you all for your support. |
I don't attempt to "predict" the
emotional properties of a child from a few of the properties of the
parents.
If you have a particular issue, I
can address that.
I am moving forward, slowly, with my
book. At this point I am not ready for proof-reading. |
|
Sunday,
January 10, 2010
Under the
Hood
Dear support team,
I thank you for your continuing support and wish you the very best this
new year and beyond. Since my last update, I am back testing my system
using excel. It is an insightful and eye opening experience. It is very
much like looking at the system under the hood. It is a slow process and
I am using the opportunity to learn to go with the flow. I am unable to
uphold the time commitment during the holidays but back up to speed now.
|
OK. |
|
Saturday,
January 9, 2010
Math-a-Magics
Dear Ed,
Here is one
for you...
TEACHER ARRESTED IN NEW YORK
A public school teacher was arrested today at John F. Kennedy
International Airport as he attempted to board a flight while in
possession of a ruler, a protractor, a compass, a slide-rule and a
calculator. At a morning press conference, the Attorney General said he
believes the man is a member of the notorious Al-Gebra movement. He did
not identify the man, who has been charged by the FBI with carrying
weapons of math instruction.
'Al-Gebra is a problem for us', the Attorney General said. 'They derive
solutions by means and extremes, and sometimes go off on tangents in
search of absolute values.' They use secret code names like 'X' and 'Y'
and refer to themselves as 'unknowns', but we have determined that they
belong to a common denominator of the axis of medieval with coordinates
in every country.
As the Greek
philanderer Isosceles used to say, 'There are 3 sides to every
triangle'.
When asked to comment on the arrest, President Obama said, 'If God had
wanted us to have better weapons of math instruction, he would have
given us more fingers and toes.' White House aides told reporters they
could not recall a more intelligent or profound statement by the
President. It is believed that the Nobel Prize for Physics will follow. |
OK. |
|
Saturday,
January 9, 2010
Moving
Forward with a Fund
Dear Support Team,
Happy New Year and I hope everyone has a fantastic 2010!
In regards to
current developments with my investment company, things are moving
forward at full speed right now. I am really enjoying the process and
hanging on for the ride!
I decide to set-up my company in [Country]. I intend to move [there] at
some point in 2010.
Activities:
1) I am in the process of incorporation now and intend to be fully
set-up by the end of February 2010. My intention is to begin managing
client money by the end March 2010. I intend to run managed accounts
versus a pooled fund. This is valuable for clients as assets remain in
their name and transparency is much higher. It also allows for no lock
up period which is something I intend to offer.
2) I am also focusing on system design for both futures and equities
trading. I intend to offer both futures and global equity programs to
clients as many potential clients are asking if this is something I will
be offering.
Have a great weekend everyone! Thank you for your continuing support! |
Thank you for sharing your process. |
|
Friday,
January 8, 2010
Progress
Report.
Dear Ed,
Since the last workshop things are going well for me. I have one guy
interested in coming to the [City] Tribe and I am visiting a Tribe up in
[City] next week.
Thank you, Ed,
for creating the large support network. |
OK. |
|
Friday,
January 8, 2010
Yes Boss -
You crack me
up, You are a good teacher I must give you that. I click every one one
hour to see what you reply and you do not let me down.
Ed Says:
"You might consider taking your feelings about <telling others what to
do> to Tribe. If You, In a Bossy Kind of Way tell someone to do
something
and if they do the opposite, then your intention is: to tell someone to
do something and to have them do the opposite."
Apparent you are not ready teacher. And accordingly you MUST not let me
meet you.
This is an order. And I can see you follow the real intent of my boss
intent.
cheers ;-)
This upon a time, someone assumes he has everything. I wonder who that
someone is. |
OK. |
|
Friday,
January 8, 2010
Measuring
Time
Dear Ed,
I thought you
would appreciate this research.
http://www.physorg.com/news182150744.html
Just think in ten years we'll look back at this time with 2020 hindsight
!
|
OK.
BTW: 2010 01 02 is a palindromic
date. |
|
Friday,
January 8, 2010
Moving
Forward With A Fund
Dear Support group,
Happy 2010 !
During the last month I worked in the change of my system code, mainly
adjusting the stops and mainly staying out of the market when there is
no trend. The good point to stay out of the market is that you can
clearly see the beginning of a new trend !
After the back test it now looks fine, and I the result are quite good.
I still have some control issues with my kids, that is always a point
that concerns me but the good point is that when I realize that I am
under control I try to back off the control, thanks again to the
workshop.
My proprietary fund in under the process to be opened, I am a little
back of the schedule, mainly given the legal papers that are now being
processed.
Wish you guys all the best in 2010,
|
Thank you for sharing your process |
|
Wednesday,
January 6, 2010
Sharing The
Vision
Ed says, "You might also consider what kind of
success story you might like to manifest in your own life"
I just share this with all the members in my Tribe. I envision,
a) living a right livelihood where I wake up every morning looking
forward to the day - the feeling is excitement and I can't wait to get
going
b) in excellent physical shape where I fight for every rebound in my
basketball games, stay low on defense, keep moving to get open, hold
my grounds and wear down my opponent - the feeling is pride and shark
smelling blood (as in "If I am tired, I know you must be EXHAUSTED,
and I am gonna overwhelm you")
c) strong connection with my son where I provide
him the space to develop, intimate relationship with my wife where I
genuinely admire every bit of her qualities, and an open relationship
with my in-laws where I truly embrace them for who they are - the
feeling is I am the luckiest person on earth
d) making 75%+ of shots within 3-pt line in practice - the feeling is a
cold assassin who makes opponents pay for ignoring me
e) read 4000+ pages of books / web-pages on subjects I enjoy - the
feeling is satisfaction (like after having a very delicious meal and the
stomach feels just right)
e) fluent Mandarin speaker where I can carry out extensive conversation
with my mother-in-law (a native speaker) - the feeling is a sense of
fulfilling accomplishment that I prove everyone wrong, and a sense of
pride that I can finally do it
f) a 200-page journal for the year (since 2003, ranges from 97 to 159)
where I jot down my thoughts and feelings - the feeling is in awe as I
read my own words and amaze at my own insights
g) a strong and committed Tribe where members are manifesting their
dreams - the feeling is a sense of humbleness and gratitude that I am
a part of their journey
|
Thank you for sharing your vision. |
|
Wednesday,
January 6, 2010
Saint
Petersburg Tribe
Dear Future Friends,
Briefly about myself: I have been always searching for an occupation,
which would satisfy my needs and me personally to the degree I would
like it to.
I have tried
many different occupations, I am excellent at logical thinking, I love
math, I speak languages, I sing, swim, ski and play chess, I have worked
in aviation, business, I studied in different countries and even wrote
two small books. But none of these could give me the feeling that all of
my natural abilities are involved in work and my full potential is
realized.
Then my mother
started trading for additional income and she told me a little bit about
it. I found it quite interesting and began to read books. By now I am a
very beginner, I have just applied for a course here, to learn the
basics in a group with an instructor.
While I am
awaiting for the course start (which should happen in 18 Jan) I am
reading about technical analysis.
My mother read
about Ed in Trend Following by M. Covel, we discussed the things with
her. I love the way Ed brings the trading subject to the public, his
sociability and pure wish to teach people. I respect very much his
intelligence and ability to be successful in the niche where lots of
people can't face the challenge and fail.
That is why I
am writing to you now with the request to register my Tribe (I didn't
find the community in my location). I would like to learn many things in
trading, to explore them and to share them with others. And I would like
to learn them not in one of the public resources, but in a community
created by a person, who has such a clear mind as Ed does.
I am looking forward to your reply and thank you in advance! |

Welcome
Saint Petersburg
Russia |
|
Wednesday,
January 6, 2010
Government
Jobs
Replace
Goods-Production Jobs
Ed,
Take a look at this chart of government versus private workers.

http://themessthatgreenspanmade.
blogspot.com/2010/01/now-that-
chart-looks-familiar.html
|
One good thing about government is
that we rarely get as much of it as we pay for. |
|
Wednesday,
January 6, 2010
Banjo as a
Weapon of Mass Perception
Ed,
Did you know the banjo is considered a deadly weapon here in the State
of Colorado?
Read this
article:
http://www.gazette.com/articles/
size-91788-div-11px.html
|
There is no need to swing the banjo
by the neck and hit someone with the resonator or tone ring.
You can get a similar effect by
simply tuning the 5-th string [G] down a bit.

Subtlety Can Be More Effective Than Force
in the matter of lowering g-stings.
Clip:http://image.absoluteastronomy.com/
images/encyclopediaimages/g/g-/g-string
-example.jpg |
|
Wednesday,
January 6, 2010
Getting
Results
Dear Support Team,
My intention and commitment to develop and foster collaborative
relationships with regard to
development of mechanical trading systems is producing significant
results I want.

I'm excited about significant relationships and opportunities I have
now.

I feel deep in my core I'm in right-livelihood.
Metrics:
I engage in more than 30 phone calls relating to my commitment.
I exchange more than 50 e-mails relating to my commitment.
Thank you for your support.
Clips:
http://collaborativeworkingpracticeinfutures.
blogspot.com/2008/11/collaboration-cycle.html
http://www.informingchoices.com/5.html
|
Thank you for sharing your process. |
|
Wednesday,
January 6, 2010
Laying Down
The Law
Dear Teacher,
There is an old saying "When the teacher is ready, the student appears".
You are ready
sir.
I move to west
coast [City] in 6-8 weeks. It is time, Ill see you in person.
Intentions =
result. |
You might consider taking your
feelings about <telling others what to do> to Tribe.

If You, In a Bossy Kind of Way
tell someone to do something
and if they do the opposite,
then your intention is:
to tell someone to do something
and to have them do the opposite.
Clip:
http://static.open.salon.com/files/
bossy_lady1219181442.jpg |
|
Wednesday,
January 6, 2010
Evolving
Dear Ed,
Thank you for your continuing support. I am learning to experience,
joyfully and willingly, the feeling of <keep pulling the trigger as the
drawdown gets bigger>
I have a very fulfilling Tribe meeting tonight. A female QA engineer
joins our Tribe and brings a unique perspective on anger. I feel that
I'm doing something worthwhile. I notice that this feeling is in
contrast to my habitual feeling of worthlessness. I feel that I am
evolving. I notice that I like how I am evolving.
Thank you for supporting me in my evolution.
|
Thank you for sharing your process. |
|
Tuesday,
January 5, 2010
Wants to
Join
Dear Ed sir,
I [Name] want to join you.
Please tell me the procedure
|
See the link to the Tribe Directory,
above. |
|
Tuesday,
January 5, 2010
Wants to
Join a Tribe
Dear Ed,
I have been reading the FAQ. I am very interested in attending a TTP
workshop.
I have
contacted my local Tribe, but I am unsuccessful in reaching him.
My motivation and goal to join TTP is to deal with my K-knots.
Thank you |
We are in process with contacting
the Tribes in our directory to find out which ones are currently active.
You might consider starting your own
Tribe. |
|
Tuesday,
January 5, 2010
Checking In
Dear Ed,
Thank you for
your support with my process toward Right Livelihood. Although our
communication is primarily done through FAQ, you and the tools you
create and make accessible continue to have a large impact in my life.
You help me
bring more good people into my life with common values and interests. I
want to make you more aware that you are making good things even when
you may not hear about it. |
Thank you for your support. |
|
Tuesday,
January 5, 2010
Applying
for the Workshop
Best wishes for the new year!
I attach a recent version of the TTID for the Tribe Directory.
I really like the essay topic for the application [for the workshop]. I
plan to write that over the next couple of days. |
OK. |
|
Monday,
January 4, 2010
Embracing
Feelings of Incompetence
Happy New Year Everyone.
Last week is full of distractions with the holidays and leaving town. It
is still a productive week. I am contacted by a member of a Tribe up
North who is in town to see family. We hung out talking for about five
hours talking about TT and trading. I am thankful he is now a member of
my support team.
I notice that I procrastinate programming. It is very noticeable. I
realize I am working hard not to feel incompetent. I now have a sticky
note on my computer screen stating, "Embrace and utilize the feeling of
incompetence". Since posting it, things come more easily and I overcome
some problems that stopped me.
I make a
commitment to program 15 hours this week, this does not include doing
another study course on programming. You will notice some added columns
on my Commitment Excel Spread sheet. This includes the one for
programming and others for TV watching and miscellaneous stuff. It is
nice to have this accountability and I look forward to tracking my
progress. |
Thank you for sharing your process. |
|
Monday,
January 4, 2010
Feeling the
Joy
Dear Ed,
I am applying [for] the kinds of jobs that I have on my resume--the kind
of jobs with which I have experience in earning money.
Cash:
$84,178.73
Other Assets: $454,228.59
Liabilities:
$552,143.58
Net:
-$13,763.26
500oz goal:
$552,250.00
Job applications: 7
Interviews: 1
Offers: 0
[My daughter] develops a fever and throws up in the middle of the night
this week. As [my wife] and I clean up the vomit and soothe [her], I
feel tears coming to my eyes. I have a sense of being a real family,
taking care of the baby. I notice, to my surprise, that I don't mind the
smell or the cleanup job, or changing the sheets in the middle of the
night. I feel joy even as I am aware of [her] discomfort.
I recall Ed
saying that joy is the absence of all other (corrective and judgmental)
feelings. I experience that joy overwhelmingly that night. |
Thank you for sharing your process. |
|
Monday,
January 4, 2010
Important
Dear Ed,
I wonder when
annuities are important?
|
The importance of something has very
little to do with the thing and almost everything to do with how
important you feel it is. |
|
Sunday,
January 3, 2010
Workshop
Feedback
Positive
Intention of Being Critical
Happy New Year All!
I'm pleased with how much more I'm getting done on a daily basis since
my last update. Particularly, I'm doing my Trade Review. In my
Commitment I commit to doing two a day and in December I achieve that up
until when the holidays kick in (Dec 23).
This is great.
And I am experiencing some of the feelings that come up with Trade
Review that I write about in my last update: <am I doing this right? I'm
just small time. I'm too risk averse to really do well. Look at this
stock, I sold it and it went higher.> These feelings seem to be in some
sort of process of dissolving.
In FAQ Ed
responds to my previous update with the suggestion I may consider taking
my feelings about <being critical> to Tribe. This is helpful. I am
beginning to feel a positive intention of criticism, a distinction
between healthy, helpful criticism (self-criticism in this case) meant
to improve and foster growth vs. a drama of <I have to be perfect> <only
perfect 'deserves'> <I'm going to criticize my way to perfection>. My
posture is shifting from pushing to be "perfect" to seeing that just
following my strategy is worth millions and millions of dollars over
time, chock full of all it's "imperfections." In concert with this I'm
developing a pretty deep emotional understanding of the difference
between a losing trade and a bad trade.
This month on a blank piece of paper and in less than 50 words I outline
my entire strategy. This gives me clarity. And also gives a standard by
which to measure my actions. If I'm critical for selling a stock that
goes higher I can consult this piece paper. I've looked a few times,
still haven't found a clause in my strategy that says I am to sell at
"the high." If I find a flaw or a way to improve my system then I can
change my system. Otherwise just follow the system.
I think a lot about the tape on floor exercise at the October workshop,
the four quadrants of things we do, one axis runs from Important to
Non-Important, one axis runs from Urgent to Non-Urgent. I feel I'm
spending more time in the Important Non-Urgent quadrant. I enjoy this
trend very much.
EoQ reporting: for Q4 '09 I return 9%.
Closing out 09 and this decade and looking forward to the next I am very
grateful for Ed, Trading Tribe, TTP, my support team, and my wife and
family.
|
Thank you for sharing your process. |
|
Sunday,
January 3, 2010
Progress
Report
Dear Support Team,
I have updated the latest version of my file.
There are no major changes to the format but two of the monthly
contracts have rolled.
For the
monthly contracts I have amended the rules for rolling. My original set
made no sense with my current broker so I have changed them to what is
possible. In updating the file I realize I have too much exposure to the
CAC market so I am addressing this when the market opens.
Also, over the
last two weeks I have uncovered two mistakes. When I implemented the
system after the workshop I did not notice that the GBP signal had been
stopped out already and the position should never have been taken. I
also did not spot that the Nikkei 225 future contract had signaled a
long position in August so I should have entered into it earlier. Both
errors have been corrected and the file updated. I spotted both these
errors when comparing my stops to Mechanica. I realize I need to create
a new variance file to monitor my stops and entry orders vs the system.
I am working
on this now. I also realize that I need to maintain my monitoring on a
daily basis and I am creating a checklist for this.
The monthly contracts and my sugar trade have led to the realization
that my current bet size method has the effect of allocating less risk
to new positions because the size is being reduced by my definition of
core equity (core is reduced by the risk from existing positions,
therefore every trade reduces core, therefore my new bets are sized
against a lower core, therefore the bets are smaller). I have always
understood this in theory but had not thought through or modeled the
effects in any detail. I am now trying some different sizing versions in
Excel and I may change my rules.
I have had a busy couple of weeks researching system variations, some
statistics work and programming Ed's S&R system into Mechanica. The work
has been interesting but has led to quite a lot of feelings that I have
too much to do, that I am too late to be working on this kind of stuff
and that I should spend more time on my job.
I have been
reviewing my performance in 2009 and this is also leading to some
uncomfortable feelings, sometimes that I have been lucky and this can't
continue, others that I am not working hard enough and falling behind. I
am going to try and just go with whatever feelings arise and see where
they lead. The performance review, and seeing the progress from some of
the support groups that I am part off has also started thoughts about
proposing a credit markets trend fund to my employer but this
immediately has brought feelings of not being good enough and fear of
rejection. I am going to find the data I need anyway and see where this
leads.
Finally, I have been wondering all week what trends I missed in 2009 so
I am creating a wide portfolio of markets in CSI / Mechanica to see what
is currently trending and this may mean that I make some major changes
to my portfolio and my processes
Thank you for your support and I am open to any feedback.
I hope everyone has a healthy and happy 2010! |
Thank you for sharing your process. |
|
Sunday,
January 3, 2010
Progress
Report
Dear Ed,
I seem to feel compelled to do these after others do - my own group
behavior?
We are still working off [a marketing] surge-
learning some things about peoples commitments, impulses as in they are
impulse driven to call us then drift...
we will be anchoring them with trades-
before we fire drill on a new relationship again.
I knew that from 2000-2003 period - I forgot.
This was sent to the team:
If we mail we fail
NO MORE ACCOUNTS ARE TO BE OPENED WITHOUT AN ANCHOR TRADE
Not if we want them anyway. If we want the account (s) we must be
willing to anchor it down
otherwise it will drift away....
(their interest will drift away!!!!!)
We are in negotiations to take more space
another 2500 feet this will give us reception (elevator frontage) and
space for 23 brokers to handle overflow
Thinking fish processing- factory operation.
Our fund finishes down -16% for 2009
against a plus 63% in 2008
and a plus 48% in private account 07
its not the end of the world perhaps 2010 will be better.
But all in all 2009 wasn't bad - we established an office, a TV studio,
expanded media relationships
by 5-600%, front page of the WSJ - [Name] says I'm the smartest guy in
the US, discovered the work ethic of interns - that are generally more
motivated than salaried people, and are ready to expand further into
adjoining space.
Also
established offshore fund, still working on bank account, improved
capture rate on NPM site
also improved search on DV site and NPM discovered benefits of viral
marketing with you tube clip that has 250k views -this is powerful
stuff...
We worked right up through New Years Eve...
not sure how productive that was...
as everyone was mentally absent.
I will mark out vacation time for the coming year- |
Thank you for sharing your process. |
|
Saturday,
January 2, 2010
Feeling
Annoyance
Happy New year to all,
My speculative
trading account for the month of December is up 0.45%. (essentially
flat)
The markets continue to offer me scenarios in which I may feel &
experience the feelings associated with annoyance.
I am NOT willing to embrace and enjoy these types of feelings.
I think of the old saying, “What you resist, persists”.
Yes I know, take it to Tribe.
As an example;
I have a resting buy stop in place for a particular stock which gets hit
on the absolute high tick of a 10% up day. My buy order does not get
filled. That is annoying in itself but upon review of 1 minute data it
appears that activity at this high tick is nearly zero, so o.k. fair
enough. Prices close a few ticks below my still active buy stop.
I imagine that after a 10% up day, surely there must be some retracement
as market participants take some profits the next day. To ‘save’ myself
some money I cancel my buy stop and place a limit order for the next day
a number of ticks below today’s close.
Of course, the market opens the next day with a huge up gap and keeps
powering on ahead. Fast forward a few weeks and the market for that
particular stock is now about 50% higher than my initial buy stop price.
So to save myself a few pennies, it ends up costing me a stack of
pounds.
ARGHHHHHHHH !!!!!!!,<insert very rude swear word here>!!!!!!
Feeling hugely annoyed. Annoyed to the point where I don’t even want to
look at that stock anymore. Strangely enough, my limit order to buy is
still in place & still active.
Thank you to Pandora.
Way after the fact, I realize that I’m trying to predict the future by
changing my order. At the time however I don’t even consider this. I
think I do the right thing.
Of course in those instances where my buy stop does get hit, prices
invariably retrace to a point way below my buy in price anyway.
Either way, I get to feel annoyed, which is what I want . . .
obviously!!
|
Thank you for sharing your process.

If You Have an Annoyance K-not
you may find your self playing for annoyance
instead of for profit.
Clip:
http://blogs.technet.com/blogfiles/tarpara/
WindowsLiveWriter/VistaDesktopSearch
Annoyance_F561/oibabycc%5B1%5D.jpg
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Saturday,
January 2, 2010
New Math
Hi Ed,
Happy New Year
I found this formula in risk management section on your site.
The stake after one pair of flips:
S = (1 + b*P) * (1 - b) * S0
According to me this formula should be
S = (1 - b + b*P) * (1 - b) * S0
because the fraction 'b' which is on bet is from the stake only.
So suppose the payoff is double of the bet.
Then after first bet of 250$ we have (1000-250)$ i.e 750$ if we win the
bet then we will get 500$ and total will be 750+500=1250$ only.
But what is there in the simulation chart is 1500 which will be true
only in case of 3:1 payoff.
If I am wrong then please clarify this. Other wise please try to
elaborate the idea of managing the bet size. |
In the risk management example and
in the Casinos in my neighborhood, you keep your bet and you get some
extra when you win.
In your case, the dealer keeps your
bet whether or not you win.
You might consider calling up a pit
boss and asking him how his customers might like to play by the rule set
you advocate.

"Sorry Folks."
Our new rules are that I keep your bet
whether nor not you win.
Clip:
http://www.blackjack.org/blackjack/
content/misc/blackjack-dealer.jpg
|
|
Saturday,
January 2, 2010
Research
Project
Ed,
Ed says, "I wonder how you are figuring to get people who don't like to
report - to report to you."
I figure to radiate my intention for this research project such that
people who don't like to report could feel my genuine curiosity, and
report to me...which is what I am doing here, by writing to your FAQ,
and solicit support.
Another consideration is if you may request future Workshop participants
to agree to complete a survey every 6 months (or year) after their
Workshop about their progress. For example, I notice that one of the
requirement for ongoing participation to the IV Tribe is "report
experiences to FAQ". I personally would be happy to extend my TT
Workshop experience beyond just a mere weekend with continual follow-up.
After participating in three Workshops, and from my
conversation with other graduates, I think the vast majority share this
same view. This continual survey requirement would also help in holding
participants accountable, which again, from my experience is something
most of us would be happy to have.
My intention is to learn how some people succeed in manifesting their
dreams while others (most?) make little progress, and share my findings
so that more people can manifest their dreams and live a fulfilling
life.
I read some success stories from the FAQ, and that's encouraging.
However, to really learn about the "success", I think we need to 1)
remove the selection bias (the ones who report tend to be the ones who
have made significant progress), and 2) removing noise from the signal
(e.g. I'd like to follow up with the "success stories" to see if their
success sustains or merely a false breakout).
I see this as an exciting complement to the ideas I've read from your
"Metaformation of Winning." Moreover, while there are lots of books out
there with interviews on "successful" people, their conclusion seems to
be in the like of "All lions have four legs." I wonder about an
experiment to check out as many four-legged animals and see what makes
some of them dogs and some lions. More importantly, we are doing it in
the now as the success/failure manifests, where I feel we can
learn a lot more than ex-post (after those people are already a proven
"success"), since it removes hindsight bias.
I'm willing to devote my time and effort to this endeavor. I wonder how
you feel about it, and if any suggestions you may have.
Thanks, and happy new year! |
You might consider taking your
feelings about <requiring people to do things> to Tribe.
You might also consider what kind of
success story you might like to manifest in your own life.

Some People Become Very Expert
at trying to control others
Clip:
http://www.tribuneindia.com/2002/
20020913/car.jpg
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|
Saturday,
January 2, 2010
Dynamic
System Model
Dear All,
Thank you for all your help and support last year.
Thank you for
showing up in my life and Happy New Year!!!
Thank you for showing interest in my attempt to model in Stella the
Austrian Credit Cycle.
The model shows the Credit expansion cycle via a one-off rise in the
fiduciary media expansion policy (bank loans). I model it by a STEP
function on year 5.
The Stock "Circulating Credit" exhibits a S-shaped growth with the
ceiling being the leverage ratio, set by the bank multiplier.
The Stock "Capital" starts in equilibrium and decreases first by a
combination of Overconsumption and Mal-investment.
I find tricky to model Mal-investment. Currently I choose to model it as
an increase to the aggregate Capital production time.
I feel I need a 2 stage Capital model (to show the difference between
invested capital and produced capital) and 2 different Capital Stocks
(e.g. High order Capital goods and Low order Capital Goods).
Mal-investment then is a transfer of invested Capital from Capital(1) to
Capital(2) with a delay between investment and produced capital.
Another part of the system shows the effects of Capital Reduction on the
Gross Market Rate and the Loan Expansion Rate (increase demand for
Loans).
It is a first draft but I wonder if you can provide some feedbacks on
the below:
- How do you model Mal-investment in System Dynamics?
I define Mal-investment as: "a sub-optimal investment allocation policy
which leads to a reduction of the stock of Capital and/or its growth
rate"
- Can you spot any mistake or any improvement in the Model above?
Thank you for your help.
As you well
know, any feedback may help to steer and speed my efforts. |
You might consider starting by
sketching out the behavior you wish to model. |
|
Saturday,
January 2, 2010
Happy New
Now
Ed,
Happy New NOW... if now can be new....
I wish you the best whishes for...NOW!!! I wish you love, prosperity,
delight in your life.
I rely on your Responsibility to realize all my previous wishes for your
life.
Happy new NOW Great Teacher!!!
|

|
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Friday,
January 1, 2010
Different Dreams Since Breathwork
Dear Ed,
I have read several times that dreams are how peoples subconscious mind
works out problems in their sleep.
That never did
appear to be true for me. I would have a lucid dream with one
predominate emotion and wake up after the dream with that same emotion
still as strong as in the dream and the dream ending with no resolution
or reduction of the problem or the intensity of the emotion.
Since
participating in the Breathwork weekend my dreams have seemed to change.
In my last dream my wife and I was attending a meeting in an office
building and on the break we went out the door and down some stairs to
get a drink. The stairs were steep and it was a long way down to the
ground. My wife went before me and the further down I went it seems the
further to the ground it became. I looked over the side and could not
see the ground any longer. I was surrounded by clouds. After several
steps the hand railing on the stairs was broken off and there was
nothing between me and falling over the side so I moved to the other
side for a handhold but after several steps on that side that railing
was broken off on that side also to where the stairs were suspended in
air with nothing to keep me from falling off either side or forward down
the steep stairs. I was afraid to go any further down but felt trapped
like there was nothing else to do except keep going down although I was
terrified of falling. This is where the dream would usually end for me
and I would either wake up or remember it in the morning as stopping
here.
This time
something else happened. It is as if another part of my mind came in and
suggested I still had my hand on what was left of the railing on the
right side so why don't I just go back up the stairs and take the
elevator down. Problem solved. What a simple solution although just a
second before that option did not even exist for me.
This is the
third such dream I have had since participating in the Breathwork
weekend that is dramatically different from the dreams I have had
before.
Thanks for
hosting the weekend for everyone. |
Thank you for sharing your process. |
|
Friday,
January 1, 2010
Workshop
Inquiry
Dear Sir,
I am in [Country], anybody giving workshops in [Country], please send me
contact details of him.
I just read to
join TTP at your site. I don't know anything else. |
I plan to host the next workshop in
Reno, Nevada, USA.
Tribes appear in many parts of the
world. If you do not find one near you, you may start your own. |
|
Friday,
January 1, 2010
Counter-Clockwise
Dear Ed,
I came across
this article and thought you would appreciate it...say what you want!
*********
Just Say No to Aging?
Imagine that you could rewind the clock 20 years. It's 1989. Madonna
is topping the pop charts, and TV sets are tuned to "Cheers" and "Murphy
Brown." Widespread Internet use is just a pipe dream, and Sugar Ray
Leonard and Joe Montana are on recent covers of Sports Illustrated.
But most important, you're 20 years younger. How do you feel? Well, if
you're at all like the subjects in a provocative experiment by Harvard
psychologist Ellen Langer, you actually feel as if your body clock has
been turned back two decades. Langer did a study like this with a group
of elderly men some years ago, retrofitting an isolated old New England
hotel so that every visible sign said it was 20 years earlier. The
men—in their late 70s and early 80s—were told not to reminisce about the
past, but to actually act as if they had traveled back in time. The idea
was to see if changing the men's mindset about their own age might lead
to actual changes in health and fitness.
Langer's findings were stunning: After just one week, the men in the
experimental group (compared with controls of the same age) had more
joint flexibility, increased dexterity and less arthritis in their
hands. Their mental acuity had risen measurably, and they had improved
gait and posture. Outsiders who were shown the men's photographs judged
them to be significantly younger than the controls. In other words, the
aging process had in some measure been reversed.
I know this sounds a bit woo-wooey, but stay with me. Langer and her
Harvard colleagues have been running similarly inventive experiments for
decades, and the accumulated weight of the evidence is convincing. Her
theory, argued in her new book, "Counterclockwise," is that we are all
victims of our own stereotypes about aging and health. We mindlessly
accept negative cultural cues about disease and old age, and these cues
shape our self-concepts and our behavior. If we can shake loose from the
negative clichés that dominate our thinking about health, we can
"mindfully" open ourselves to possibilities for more productive lives
even into old age.
Consider another of Langer's mindfulness studies, this one using an
ordinary optometrist's eye chart. That's the chart with the huge E on
top, and descending lines of smaller and smaller letters that eventually
become unreadable. Langer and her colleagues wondered: what if we
reversed it? The regular chart creates the expectation that at some
point you will be unable to read. Would turning the chart upside down
reverse that expectation, so that people would expect the letters to
become readable? That's exactly what they found. The subjects still
couldn't read the tiniest letters, but when they were expecting the
letters to get more legible, they were able to read smaller letters than
they could have normally. Their expectation—their mindset—improved their
actual vision.
That means that some people may be able to change prescriptions if they
change the way they think about seeing. But other health consequences
might be more important than that. Here's another study, this one using
clothing as a trigger for aging stereotypes. Most people try to dress
appropriately for their age, so clothing in effect becomes a cue for
ingrained attitudes about age. But what if this cue disappeared? Langer
decided to study people who routinely wear uniforms as part of their
work life, and compare them with people who dress in street clothes. She
found that people who wear uniforms missed fewer days owing to illness
or injury, had fewer doctors' visits and hospitalizations, and had fewer
chronic diseases—even though they all had the same socioeconomic status.
That's because they were not constantly reminded of their own aging by
their fashion choices. The health differences were even more exaggerated
when Langer looked at affluent people: presumably the means to buy even
more clothes provides a steady stream of new aging cues, which wealthy
people internalize as unhealthy attitudes and expectations.
Langer is not advocating that we all don uniforms. Her point is that we
are surrounded every day by subtle signals that aging is an undesirable
period of decline. These signals make it difficult to age gracefully.
Similar signals also lock all of us—regardless of age—into pigeonholes
for disease. We are too quick to accept diagnostic categories like
cancer and depression, and let them define us. Doing so preempts the
possibility of a healthful future.
That's not to say that we won't encounter illness, bad moods or a stiff
back—or that dressing like a teenager will eliminate those things. But
with a little mindfulness, we can try to embrace uncertainty and
understand that the way we feel today may or may not connect to the way
we will feel tomorrow. Who knows, if we're open to the idea that things
can improve, we just might wake up feeling 20 years younger.
|
Every time you say how it is ...
that's the way it's gonna be for you. |
|
Friday,
January 1, 2010
Re-Commits
Dear Support Group,
I am happy to report that I am ready to resume trading with real money.
I have spent the time since the workshop revising, refining, re-testing
and optimizing my LTTF system for stocks and ETF's.
I hereby
re-affirm and re-commit to following my system entry and exit stops and
report back to you weekly. Instead of pre-emptively exiting at the first
sign of adversity (which was an avoidance of the feelings associated
with the market going against me) I will choose to feel whatever
feelings come up and accept them as allies and learn from them.
I thank all of you who have given me very constructive feedback over the
last year for your support and wish all of you a happy, healthy and
prosperous new year filled with many new AHA's and exponential personal
and emotional growth.
|
Thank you for sharing your process. |
Back to the
Future
|