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July 11 - 20, 2009
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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. |
|
Contributors Say
(Previous from Ed in Red) |
Ed Says |
|
Monday, July
20, 2009
Annoyance
Dear Ed,
After all tribe members drum and check-in, I take the hot seat and bring
up my issue.
The issue I take to tribe: I want to be my old self again; a spontaneous
(spontaneous as in "losing it"), brazen, extraverted optimist. I feel
that I have come a long way; from suicidal 14 years ago, to relatively
happy nowadays. But I am looking for that last small extra push, where
things fall into place. However, I currently experience a sudden
reversal, after some strong progress recently. I feel pretty sad and
desperate about this. I got so close it seems, and now I seem to be
heading in the wrong direction again.
I use the metaphor of a dislocated shoulder: it only takes a small push
to relocate a dislocated shoulder and make full use of the arm again. I
feel the same way about myself. I just need to find that one little
switch and flip it to live a full life again. But I’ve been looking for
that switch for so long, and I can’t find it. Meanwhile the rest of my
life is on hold. I avoid commitments (career, family, etc), because I
need the freedom to change.
I feel sad about this. I have really given it all I have. I have brought
large sacrifices, including my career. But I can’t find the damn switch.
I burst into tears, and for the next 20-30 minutes I cry my eyes out. My
tribe members encourage me to bring it on.
I whine: “What if this is it?” The tribe enthusiastically repeats: “Yes,
what if this is it? What if THIS is it? SO WHAT, if this is it?”
During the crying I get some clarity. I have two options:
1) to carry on and FIND that f**ng switch, or
2) to give up.
I feel that I can only give up after walking all reasonable venues, TTP
being one of only 2 options left (the other one: stimulating feelings by
means of yoga, sports, meditation, singing, etc). So, pushing TTP as far
as I can, brings me closer to both finding and giving up.
Another thing I notice during the crying is that even now, while in the
TTP field of acknowledgement, I still feel no intensity in my emotions.
Yes, I feel the tears on my cheeks, and some muscle tension, but no
emotional intensity. I say this to my tribe and I suggest that I might
as well take drugs as a last resort to increase the intensity of my
feelings.
While saying this I feel strong annoyance about the shallowness
of my feelings.
I go into an angry spasm-mode, whereby I tense all muscles in my face
and body, to the point of snapping, while growling like a bear, and
being encouraged by the tribe members.
The tensing definitely gives more in-tens-ity than the crying, as if the
nerves in my muscles are more developed than the nerves in my heart,
stomach, and intestines.
After 45 minutes on the hot seat I slow down and end it. We check out.
The tribe leader makes a puzzling comment: he notices that I am an
ultra-sensitive person…
So he says exactly the opposite as to how I perceive myself.
Curious fact: just 5 hours earlier, another person said the same thing
to me: that I am super-sensitive….
|
Thank you for sharing your process.
You might consider finding the
positive intention of annoyance.

If You Dislike the Feeling of Annoyance
it is likely to become
quite annoying.
If you accept it
and see its positive intention
it is likely to work its magic
and then disappear.
Clip:
http://blogs.technet.com/blogfiles/tarpara/
WindowsLiveWriter/VistaDesktopSearchAnnoyance_
F561/oibabycc%5B1%5D.jpg
|
|
Monday, July
20, 2009
New Band
and New Baby
Dear Ed,
I am very pleased to report my new original band's first gig. I receive
many compliments on our performance and compositions. I am amazed how
quickly it all came together, and how committed and talented the band
members are.
Afterwards, I spend a few days floating at the zero point and I
experience new "Aha's" regarding:
1. Goal setting: Reaching a big goal seems to increase my desire and
capacity for reaching more goals.
2. Getting what I want: Being in the now is the way I fully notice,
enjoy, and savor reaching a goal.
3. Trading systems: I graph a smoothed equity curve over a smoothed
index performance. I see how my system moves in and out of phase with
the market.
4. I notice the amazing amount of productive time freed up when I am not
caught up in drama.
I also found out we are expecting a baby boy in November! I am so happy!
Thank you for your support.
 |
Thank you for sharing your process.

New Babies
are natural musicians.
Clip:
http://z.about.com/d/pediatrics/
1/5/F/N/crying_baby.jpg
|
|
Monday, July
20, 2009
Control
Centric to Intimacy Centric Relating
Dear Ed,
I report on my Big Wave (I give my wife and children all my love and
support and I give up control).
My wife and I observe that our daughter (9 years) looks frequently for
physical closeness. She cuddles us, kisses us and mentions that I am the
best father / she is the best mother of the world. It is very
surprising, since she used to reject us and did not accept physical
contact. She also mentions that she is not afraid anymore. She seems to
me much more relaxed and balanced.
I [ask] my son daily (11 years) to play chess and other social games
with me. Sometimes he accepts the offer, sometimes he prefers to play
computer games. I take him for a run (6 km). It is a great chance to
talk with him for one hour. I plan to do it regularly.
I am satisfied about the relationship with my youngest son (4 years).
On Sunday I have a long talk with my wife. I tell her that I don't want
to discuss problems or look for solutions, I just want to talk with her.
Surprisingly,
it is the most productive talk we have had since [City]. She does not
shut down, leave the room or mention that she is too tired to carry on.
We both make important observations.
She mentions that she realizes that she does not care about me, or about
my feelings. She mentions that this is not constant, and that she is
appalled by the discovery. I remember it being this way from the
beginning, and how confused, frustrated, impotent and sad I feel about
it. At the same time, I see that she reacts to the emotional needs of my
children. I wonder if I need her to act that way to me. I decide to take
the issue to the hot seat.
We both remember the first weeks and months of our relationship. She is
intelligent (has an MD and a PhD), very attractive, has very nice
manners, plays several instruments, and comes from a wealthy family. As
I meet her, she is in deep emotional trouble. I commit to make her happy
(in other words, to fix her). I realize that I do not accept her the way
she is; rather, I fall in love with the person that she can be when she
is not afraid anymore, when she is happy again, when she feels free in
the intimacy, when she talks about her feelings with me. She remembers
me taking care of her, being very supportive and helpful, giving her a
lot of strength. I remember her being cold, unreachable, and rejecting
my demonstrations of affection. We remember our differences and concede
that, after some weeks, we should have realized that we do not match in
many aspects. We almost do not have common interests. We mention that,
if we had no children, we would go separate ways.
My wife reports that frequently she is afraid of me. I am surprised: I
do not shout at her, I am not aggressive or use profane words, I do not
rise my hand. However, she mentions that I am set in my ideas and have a
strong personality, that she remembers feeling under pressure.
I read the article discussing delays in systems. Maybe my wife needs
time to adapt to my changes.
But I am tired and sick of working on things. I don't want to keep on
fixing my wife or my marriage. I want to have a working marriage, or
(since it does not only depend on me) nothing.
The second
option means to leave the house and to support her and the children the
best I can, investing all the supplementary time and effort that it
takes.
But
considering that my wife is afraid of me, seems to suffer under my
dominance and is uncertain about her feelings to me, maybe it is the
fulfillment of my Big Wave.
I appreciate any comments.
Thank you for your support. |
Thank you for sharing your process.

Moving From Control-Centric Relating

to Intimacy-Centric Relating
may require some time
while others adjust
to your new patterns
(or)
decide they do not want
to follow you.
Clips:
http://static.panoramio.com/photos/
original/5640393.jpg
http://www.animalsinourhearts.com/
Constant_Contact_Images/Constant
_Contact_10-05/martha_wings.jpg
|
|
Monday, July
20, 2009
Hole in the
Bucket
Dear Ed and Nick,
Thank you for the Hole in the Bucket Model. I enjoy reading the paper
and appreciate your willingness to share it. You guys rock!
I find what appear to be some typos. Suggestions are in parentheses
below.
In Step 1. Identify the Behavior
3rd sentence -- I also watch the cup drain to asses (assess) if my guess
is right.
In (Step) 8. Conclusions
In the penultimate sentence -- In cases where you do not know the units
of measurement, you can make them up, as long as they are constant
(consistent). |
Thank you for your support and for
your catches.
|
|
Sunday, July
19, 2009
Hole in the
Bucket
Hi Ed,
In reading through the new Hole in the Bucket in #8 Conclusion need to
change you to your in the statement
....the moment you decrease you caloric ....
I really like that you added buttons to take to the individual steps and
the different colors for each section is easier on the eyes, adds
interest, and helps define each section for clearer organization. Great
job Nick and Ed!
The content is very readable and is clear and concise. Thank you for all
your hard work at this addition. It answered some questions I
experienced about delay and system designing.
|
Thank you for your support and for
your catches. |
|
Sunday, July
19, 2009
Big Wave
Update
Hi support team,
Here is my latest update. There is a long pause between reports. I
remember feeling I have no progress so have nothing to report. I do some
work on the big wave, but put in most of my available time in coaching
baseball. I have some insights to share from baseball and from my
daughters.
Big wave:
I work on a correlation study. The idea is to trade non-correlated
markets or if they are correlated they count as one position. I am maybe
½ way to ¾ finished with this study and the picture I have now is
cloudy. I have what if feel is a good piece of code to do a correlation
study, but as work through it I start feel confused. I look up
correlation:
1. A causal, complementary, parallel, or reciprocal relationship,
especially a structural, functional, or qualitative correspondence
between two comparable entities: a correlation between drug abuse and
crime.
2. Statistics. The simultaneous change in value of two numerically
valued random variables: the positive correlation between cigarette
smoking and the incidence of lung cancer; the negative correlation
between age and normal vision.
3. An act of correlating or the condition of being correlated.
Hmm, maybe what I do is valid. At this point in my study I see that at
times many markets are highly correlated and then those same markets
show periods of very low correlation or inverse correlation. I find only
few that have long, long periods of very high correlation. So, I think I
will complete the study and the few that are very highly correlated for
long periods count as one trade. For the times when many markets become
highly correlated, I will design my system to be on the trending side of
the move J.
Baseball:
As stated above and in last update, baseball is a major focus now. Both
of my sons are on very serious teams. I am coach for my younger son's
team. The team I coach is in a major tournament in our area of the
state. We are undefeated and have a championship game today. Our results
already qualify us for the state tournament starting in one week.
This season I notice how dads treat their sons. For many they are never
satisfied with the performance of their son. What the player does is
just not good enough and if he strikes out or makes an error, look out!
He hears it from dad.
I notice when
the kid makes a mistake he will have a tendency to cry and beat himself
up, the dad really seems to hate this crying and gets pissed at his kid.
It seems like a reinforcing loop, kid makes mistake, dad gives feedback,
and kid gets upset, kid makes mistake. As season progresses the kid is
getting more upset when he makes mistakes. Now I wonder if I am in this
loop feeding the dad or kid or both, if so, (or not so) can I balance
this with my feedback? My intention is fewer mistakes and I will try
this out today.
Daughters:
I have three daughters, all wonderful gifts. My oldest, is having what
many would call issues with food. It is at the point of affecting how
she functions day to day. To keep this short I wont go further than
this, she says she wants to only eat certain foods. She then goes and
gets the food she does not want, eats it and is sad / down for a few
days while on and off her foods. Then she gets back on her foods for a
while, then the drama repeats.
Yesterday I
have an AHA; the way she acts with food is the way I act with trading
(to a lesser degree though). What a gift she gives me. I will follow a
systematic trend approach for a while, and then do some random trade
idea. Then if it is a loss feel upset about it, get over it and be back
on track for a while. Then the drama repeats. So, I wonder if I can look
at my children, study the behaviors I see in them and notice they are
the same I display and may need to work on.
In fact I
wonder if we could we see the same in our parents. |
Thank you for sharing your process.

If You Would Teach Your Son
something useful
teach him you love him.
(The same goes for daughters.)
Clip:
http://onesportvoice.files.wordpress.
com/2009/06/dad-son-
golfers_istock_000004230306xsmall.jpg
|
|
Saturday, July
18, 2009
Matching
TSP
Hi Ed,
I have results for the simple exponential crossover system. My system
matched the 15/150 and 85/325. I have the results for the 15/150 and
also the data for the variables that maximized bliss (90/330).
I had fun learning how to program in C#, but most of all finally
completing a systematic trading program! Will move on to the next system
and continue to increase my knowledge in trading systems and
programming.
Thanks for TSP and providing an online meeting place where people can
all get together to learn and grow.
|
Thank you for your support. |
|
Saturday, July
18, 2009
Business
Cycles
Hello Mr. Ed,
While going through the page on EcoNowMics, I noticed a topic on
Business Cycles2: The K-wave Capital Cycle.
I thought the attached picture: Economic Confidence Model on 8.6 year
Global Business Cycle might be of some relevance.
 |
Thank you for the chart. |
|
Saturday, July
18, 2009
Sulfur and
Brimstone
Dear Ed,
Do you remember the company we conducted "Due Diligence" on a company
with a method for extracting sulfur from crude oil? As I recall, the the
controller couldn't answer your question about the cost and benefit per
barrel of oil?
They've
relocated to [City]. Here is some dark background on what a complete
scam it really is
-----
http://www.mccombs.utexas.edu/faculty/
Clemens.Sialm/barrons020507.pdf
and if you would like to peer deeper into the darkest side of Wall
Street, search the word "SulphCo" on this page:
http://www.deepcapture.com/michael-milken-
60000-deaths-and-the-story-of-dendreon-
chapter-12-of-15/ |
Thank you for the update.
H2S
Sulfur + Hydrogen
makes hydrogen sulfide (H2S)
that smells
like rotten eggs. |
|
Saturday, July
18, 2009
Happy First
Ed,
Happy 1 year
Workshop Graduates!
I wish all of you the best. |
Ok. |
|
Saturday, July
18, 2009
Wants to Identify the Creator
Hi Ed
I am enjoying the new material. The Hole in the Bucket song is right on.
It seems our economic leaders are just as exasperating to the monetary
system as the water fetcher is to "Dear Liza".
I was wondering who created the system example. I didn't see a credit to
the creator. I am guessing it was Nick.
|
Nick is producing the material,
under my supervision, in response to reader feedback, in response to
concern about the economy.
As to who is the "creator," I'd say
we are all in on it.
If you want to know the one and only
creator, you might consider jumping into the causal model and appointing
one, perhaps yourself. |
|
Saturday, July
18, 2009
Ears To You
See Previous
Hello Mr. Ed
This refers to your reply on 17th July with self-explanatory picture of
an ear: The Ear can be mightier than the mouth.
The advantage of reading your FAQ is that many such good thoughts get
pounded in & assists me in improving myself.
On this topic here are few relevant thoughts:
* “No one is as deaf as the man who will not listen.”
* "Listen a hundred times; ponder a thousand times; speak once.”
And yeah, I'm truly enjoying 'listening' again and again to your new
melodious number: Every time you say how it is, that's the way it's
gonna be for you.
Thanks Ed for helping in my endeavor to become better & effective
person.
|
Thank you for your support. |
|
Friday, July
17, 2009
The Early
Bird Gets the Worm
Ed,
I have been anxiously waiting for the next seminar. It is posted and has
an exceptional "pre-early bird" price (in my humble opinion). I print
out the form and fill it out.
Time in the
now, turns "pre-early bird" to "early bird". Feelings I experience when
I see this today on the website and realize I have not sent my
"pre-early bird" form off.
I experience a
rushing of blood to the face, burning sensation in my chest as well as a
tightening in my jaw. Drats, I did it again, I didn't think the stock
would move away from me so soon!
See you as a "standard" in October! |
OK. |
|
Friday, July
17, 2009
Confusion
about Levels and Rates
Thank you Nick and Ed for sharing your process of building the
Hole-In-the-Bucket model and your insights about delay.
I wonder if the flow rate decays asymptotically in this experiment. If
it is, perhaps the model can include "flow rate" as a level.
I feel confusion when I look at the "Flow Rate at Various Levels" graph.
The rate is increasing from left to right, even as in the previous
diagram the level is decreasing from left to right. I wonder
if you can reverse the "level" axis so it reads from 3.5 to 0 to make
time consistently flow from left to right (inasmuch as time exists at
all in this model)
|
Thank you for your feedback; we are
clarifying that section of the report. |
|
Friday, July
17, 2009
A Choir
that Sounds Like the Rain
Dear Ed,
I thought you
might like this clip.
Rain.wmv (movie) |
Thank you for the clip. |
|
Friday, July
17, 2009
TTP in
Politics
Ed,
Maybe you remember the conflict between a professor and her PhD and me
regarding a scientific publication.
Basically, we
both sustain to be the senior authors of the paper. We had several very
loud discussions, even in front of the Faculty, and could not [come to]
an agreement.
Two days ago
we meet again. This time I just enjoy them and receive them the whole
time. I
enjoy her insulting me (I thank her for that), I enjoy her shouting and
pointing at me with her finger. I tell her several times that I can
understand her need for approval and to show that she is powerful. She
only says "It is not about feelings, it is about showing that I lead the
group". I observe that she plainly does not want to share her
feelings.
I enjoy the PhD student trying to manipulate me; I even congratulate her
for her great ideas to exert manipulation on me.
After about one hour I see that we are not finding a solution and leave
the meeting.
I keep wondering if it is, in fact, possible to convince people by
listening to them.
To my outmost surprise, some hours later I receive an email informing me
that the Professor and the PhD agree to place me as last author.
----------
Yesterday I attend the first patient from the Department of Psychiatry.
The pseudo-Tribe consists of three curious psychiatrists who yield no
support at all and just observe without comments how an untrained
generalist heals a patient in two hours from a depression lasting for 20
years...
I will keep you informed.
|
Thank you for sharing your process.

The Ear
can be mightier than the mouth
Clip:
http://www.jonco48.com/blog/
ear_20tat.jpg |
|
Friday, July
17, 2009
Time for
Thanks Giving
Dear Ed,
Thanks for continuing to be a wonderful teacher. I learn from you and
all others who share their thoughts and emotions on the FAQ.
I also feel
like mentioning "The Road Less Travelled: A New Psychology of Love,
Traditional Values and Spiritual Growth" to you and all others for no
particular reason. |
Thank you for your support.
|
|
Friday, July
17, 2009
Does Not
Understand Lyrics
Hello Ed,
I enjoy the music Say How It Is very much.
Could the
lyrics be included on the page just below the link?
I notice when
I search for music under Ed Seykota on Google that there are ring tones
available now for The Whipsaw Song…perhaps a downloadable ringtone can
be available for tribe members on the site or permission to utilize the
music on a ringtone? |
Thank you for the inquiry.
You might consider what part of the
lyrics you do not understand and try writing them down for yourself.

Toasty
Clip:
http://imagecache2.allposters.com/
images/pic/PTGPOD/230663~Sexy-
Young-Woman-In-Bikini-At-Beach-
Posters.jpg |
|
Thursday, July
16, 2009
Wants an In
Dear Ed Seykota,
I am fascinated and overjoyed about speculation. Unfortunately, I don't
know a single person who is doing it around my area. I'm not making
finding a mentor a necessity for trading but it sure helps.
The concept of a trading tribe sounds great to me. I have a very good
life, happily married, two daughters, stability but I have some personal
daemons and faults to work on in order for trading to work or for that
matter life in general. Could you help point me in the right direction
for meeting people who understand the things you discuss in TT from whom
I could learn and share?
Thanks for your consideration and time, |
Thank you for your inquiry.
You might consider looking up the
Tribes in the directory available in the link above.
You might also consider purchasing
the book and attending the October workshop. |
|
Friday, July
17, 2009
Tribe Book
Afternoon Mr. Seykota,
I have an interest in establishing a "trading tribe" in [City]. I tried
contacting you last when I was visiting the US to order the book but got
no reply.
Is the book still available? Is that all I would need to start a group
here?
Please advise.
|
The book is on back-order from the
printer and is likely to appear again for sale in early August.
If you wish to proceed along the TTP
path, you might consider attending our October Workshop, see link above. |
|
Thursday, July
16, 2009
Sticking to
a System
I am writing software for a microcontroller-centric device. When I start
the project, I write down its goals and non-goals, including "I don't
want to squeeze every last ounce of performance out of my hardware. If I
run out of memory, or out of uC speed, I move to a more powerful uC."
Today I run out of memory but find it difficult to follow the rule I
set. I notice feeling that I am wasteful of resources. I feel that I
have a lot invested in my hardware and notice reluctance to let go of
it.
I notice that
the reasons I come up with not to replace the chip aren't very
convincing. I notice that these feelings are similar to what I
experience in a losing trade when my stop is about to hit. I know the
right thing to do according to my backtested system, but find it
difficult to let go of my investment. |
Thank you for sharing your process.
You might consider taking your
feelings about <spending> and <wasting> to Tribe.

Pinching Pennies too Tightly
can result in Finger Bruises.
Clip:
http://www.flickr.com/photos/
awungfoo/2267968949/
|
|
Wednesday,
July 15, 2009
How to
Catch a Monkey and Key Lessons
Hello Mr. Ed
Greetings. I thought you might like this.
On a side note, thank you for cautioning about 'tripping hazard'. The
thought: People Who Lie in Ads, are likely to lie elsewhere ... reminds
of another one: A cheat is a cheat. If he cheats at golf, he will cheat
at bigger things. e.g. Bernie Madoff.
****
The way to
catch a monkey is to use a box with a small opening at the top- big
enough for the monkey to slide its hand inside. Inside the box are nuts
to lure the monkeys. The monkey will grab the nuts with its hand and
forms a fist.
When the
monkey tries to get its hand out, the opening will be too small for the
fist to come out. The monkey has a choice to either let go of the nuts
in order to escape or to hang on to the nuts and get captured. It is sad
that the monkey will hold on to the nuts and risk being caught.
The monkey was caught because of its greed. Most of us behave like the
monkey. We hold on to old things and ideas that can no longer help us to
succeed.
We fear the
uncertainties the future may bring and so we refuse to change. We are
comfortable with where we are and what we have, so we prefer to remain
there.
To move
forward in life we have to let go of the past and move ahead in faith.
We may even have to break traditions. |
OK.

Bernie Made-Off with the Funds
The Difference
between Bernie and Ben
is that not all the monkeys get caught.
Clip:
http://www.iplanretirement.com/
retirementblog/bernie-madoff-thank-you/
|
|
Wednesday,
July 15, 2009
Proof for
Principle of Self-Fulfilling Prophesy
Dear Ed,
I enjoy your song, "Say How It Is." (see Music link above). I have
an instance of proof for the "Principle of Self-Fulfilling Prophesy":
I arrive at the airport for my flight home from [City]. I have coach
seats and think, "I want to sit in first class."
When I get to the airline check-in counter I perceive anger and
confusion among other travelers. As it turns out, there are many
weather-related delays. My flight is expected to arrive 5 hours late and
after the last connection home.
I feel sadness and anger. It's the weekend and I want to get home to
spend extra time with my son. I decide to take a break, get some fresh
air and consider my options (part of my new Rock resources).
I go back to the check-in counter and ask the agent about all my options
to get back to <region>, even if it means a different airport. She finds
a flight to <city>, and I ask for a first-class upgrade. I sense her
anger and she scoffs, "We don't upgrade for weather-related delays." I
say, "I'm not expecting a free upgrade, I'm willing to redeem mileage
credits. And by the way, I imagine you're probably having a very tough
day, with the weather delays and all the upset passengers."
She prints my tickets and describes my connections and times. She points
to the "F" on my ticket, which means first class. It is a free upgrade.
On the long flight home, I am smiling and relaxed in a very comfortable
first class recliner. I eat a wonderful dessert, listen to "Say How It
Is" and agree.
PS: Interesting you chose that one to post first, as it's the one I
think of most often (next to "Maxine")
|
Thank you for sharing your
experience of getting an "F". |
|
Wednesday,
July 15, 2009
The Whys
Guys
Ed,
I remain consistent responding to my son’s why questions with “why not.”
I notice three different responses he gives to me saying “why not.”
First, he
stops asking me and engages someone else in the room that plays his
game.
Second, he
alters his why questions to what questions. For example, “daddy, why are
they playing baseball?” becomes “daddy, what are they playing baseball
for?”
Finally, he
gets really upset and my response frustrates him. He says, “STOP SAYING
WHY NOT!” |
Thank you for sharing your process.
Now that your son is giving up on
the "Why Game" he may be more open for a deeper connection with you.
You can invite him to share his
"wonder" about the world and you can wonder about it together.

Sharing Wonder with a Child
can be Wonder-Full
Clip:
http://www.tatteredcoat.com/
images/father_son.jpg |
|
Tuesday, July
14, 2009
Full of
Energy, On Task, Feeling Great
Dear Team,
Over the last few weeks I continue to work through the Road Maps
sections. I progress through nearly all of the stages and this week I
determine that I want to move on to the next phase of my Big Wave.
In the next
phase, I intend to learn more about trend following methods, to work on
back testing / system development skills, and to explore platforms for
system testing and trading.
Therefore, my
current measurement techniques are obsolete in this new phase. I now
measure my progress in the near term by the number of TSP exercises
(available on Trading Tribe website) I complete and number of pages I
read in Trend Following.
For this Wave, I look to my Support Team for comments or suggestions in
two areas. The first is in regard to my Measurement of this Wave.
After
completing the TSP exercises and Trend Following book, I intend to spend
time testing and developing my system. Other than measuring how much
time I work on it, I do not know of an effective way to measure my
progress while I am in the system development phase.
Secondly, I am
doing research on software that I can use for testing and executing my
system. My employer has limitations on which brokers I can use and some
restrictions on how I can trade. I recently discover that [Name] has a
software application for system development and that they are also a
broker that I can use. I wonder if you have any experience with [that
software] that you would like to share or any thoughts on other software
applications that I may find to be useful.
A few weeks ago, I present my second Big Wave to Tribe and work on
clarifying it. At the suggestion of a Tribe member, I work on creating a
Snapshot and present this at the following meeting. I spend time working
on the Snapshot and am happy with the result and I get "sign-off" from
the Tribe members. I am trying a few different things with this Wave to
see what may work.
In addition to
improving my relationships with friends and attending social events
where I may meet people, I recently join a dating website.
One note on my Measurements, during Week 9 my dad visits me for the
weekend and in Week 10 I go to a friend's house near the beach for the
weekend. Since I usually log most of my Big Wave time on the weekends,
my measurements are very low for these weeks.
So far this week I feel full of energy and very much on task.
I start to exercise during the weekdays and I feel great both
during and after my workouts. I feel invigorated and excited to start on
the next phase of my first wave. I notice some different feelings come
up when I think about systems development.
Thanks for your support. |
Thank you for sharing your process. |
|
Tuesday, July
14, 2009
Non-Judgmental Tribe
Dear Ed,
Might be the
next new tribe...

Clip:
http://imgur.com/izjKG.jpg |
Hmmm... I wonder if they have a
formal judgment about judging people, in which self-referential case all
members would preclude themselves. |
|
Monday, July
13, 2009
Bernoulli
Demonstration
Dear Ed,
Thought you
would like this:
Clip:
http://home.earthlink.net/
~mmc1919/venturi.html |
Thank you for the link.
This model is typical of the crazy
math that arises from the misapplication of the Bernoulli Equitation.
If you set this model up so it's
wide at both ends and pinches in the middle, you can see that the air
flows "up hill" against a pressure gradient. |
|
Monday, July
13, 2009
Losing
Parents
See Previous
Hi Ed,
Thank you for
your feedback to my previous post on June 22, when you say: "You might
consider taking your feelings about <losing people you love> to Tribe".
You're right and it's related to stay away from my family for 8 years
and, 9 years ago, to lose my mother and father because of cancer.
Following FAQ is a way for me to discover a different sense of myself,
particularly through the experiences reported by others. I notice that
in the last year messages and sometimes your answers are longer than
before; it's clear that there's a lot of work behind; often after a
workshop or a meeting it seems to me that FAQ become the place to go on
and receive feedback.
I really
appreciate what is happening here. For those like me that have now only
the opportunity to follow the development via Internet, sometimes it's
difficult to grasp the meaning of all. For example, I read about "Big
Wave" but don't remember any explanation related and so, reading and
re-reading, I try to clarify to myself the concept.
Thanks for EcoNowMics
too: it's the possibility for me to re-discover material out of sight
for a long time. Looking the list on EcoNowMics page, it's not clear the
entire design or project you have in mind, but I'm sure it's my limit
and I hope to understand better tomorrow. I experience TT as a large
breath, not a step by step path, it's discover and surprise.
Following FAQ
is more demanding than years ago: my effort is to understand at my best
and find a way to contribute. |
Thank you for your support |
|
Monday, July
13, 2009
From
Control to Intimacy
Dear Ed,
Thank you for pointing at my inconsistence and thank you for your
impatience. The weekend I read some sources. What I experienced is
Kensho, maybe even Satori. All the rest (my worries, my “problems”, my
marriage troubles) is just me playing silly childish games. Now I know
it. In a couple of hours I forget it again. Like the wax in your molds,
it seems to take some time to solidify.
When I am there, there is no “controlling others”, there is no
“problems”, there is no “I don't get what I need”. Everything is
perfect.
|
Thank you for sharing your process. |
|
Monday, July
13, 2009
Process
Report
Dear Ed,
I report on my Big Wave (“I give my wife and my children all my love and
support”).
First of all, I thank you all very much for your support and your
feedback. In fact, writing an email once a week is very helpful to sort
out my thoughts and to see the course of my Big Wave.
I experience a breakthrough in my relationship with my son (11 years).
He has an argument with his sister about the TV set. I listen to him; he
tells me that the real problem is that we are favoring his sister. I
receive him and feel that he, indeed, feels lonely. I mention that
loneliness shows him, of course, that he needs company. I mention to him
that, when he feels lonely, he can play computer games, but he also can
ask me to play with him. I commit to offer him daily to play chess or
ball games with him and to invite him to jog with me twice a week.
I observed a huge increase in the requirements of my daughter (9 years)
for physical contact with me. I feel that our communication is greatly
improved, as several conversations and shared experiences suggest. She
seems to show substantially less anger than some weeks ago.
In my report last week I mention that I have several long and difficult
conversations with my wife. I realize that this approach just shows that
I like to work on problems and to discuss things. I observe that I
generate situations resulting in conflict. But I don't like the results.
I am tired of working on problems. I decide to try another approach. I
mention to my wife that I am tired of working on things and discussing
them, and just want to see how the relationship evolves. She mentions
that she feels extremely released about it. To stop working on my
relationship will be a lot of work.
After a hot seat I observe that if I have absolutely no needs,
everything that I get from other people is enough. I also experience how
it feels, and how it feels to be absolutely open to the other person, to
accept him / her exactly the way he / she is. To me, this is the highest
goal, right now. I don't know how to achieve it. I am also worried about
achieving it, because it means being different from the way I have been
all my life, and also means to be different from most people. I don't
know if it is a process or a big bang, a learning experience or a
decision. Maybe the best method is just to enjoy the now, myself and the
way that I do things. |
Thank you for sharing your process.

Being Happy Within Yourself
is a good way
to relate to others.
Clip:
http://www.happinesshelix.com/
images/happy-people-2.jpg
|
|
Monday, July
13, 2009
Day-Trading
Scam Artist
Dear Ed,
You may already know about this one. Just wanted to share with you.
-----
Professional trader reveals system that has worked for 25 years
If you’ve ever entertained the idea of being a full-time trader then
you’ve probably spent time looking for the holy grail of trading – the
perfect system that will guarantee making big bucks on the market.
Well, professional trader [Name] has, in his own way, found it –
although he doesn’t like to call it the holy grail, he does admit that
it’s a system that has served him for 25 years and is just as successful
trading CFDs, Forex and futures as it is for picking shares in his super
account ...
Insights from super trader Ed Seykota
In the mid 80s, [name] fronted up to a trading course in the United
States, and met super trader Ed Seykota, featured in the best-selling
book Market Wizards. Seykota invited [name] to a meeting with a small
group of traders to learn about their trading methods. “I learnt why
they were successful,” says [Name]. “They weren’t caught up with
technical indicators and trying to have the perfect system. They had
their strategies, but their focus was on the money management and their
trading skills. As I left I was told that if I changed my trading
strategy into a set of simple steps and developed the confidence and
skills to follow them, then I would be successful.”
Six-step trading strategy
Ed Seykota advised [Name] that he needed a set of simple steps to
follow:
1: I have to identify if the market activity suits my strategy
2: I have to identify a time to buy or sell using the Pressure
Trading Strategy. It looks for a probable price direction and
the buying or selling pressure levels.
3: I enter the market when prices move in the direction of the pressure.
4: I place my initial risk stop loss at the pressure level
5: It is my objective to get my exit order to a breakeven price as soon
as possible. Once it is at breakeven, then I can’t lose any money and
the trade is very relaxing.
6: This is my profit exit rule. Most traders will tell you that getting
out of a trade is the hardest thing to do. There is no right way. I take
a each way bet where I exit part of my position on a target and trail
the remainder.
Weekly trading schedule
[Name]’s trading can be split into two distinct sections where he trade
both ends of the market:
a) Short-term intra-day trading stock indices and Forex
“I treat my intra-day trading like a job where I get paid for my
effort.” |
Thank you for the heads-up on this
ad.
-----
Readers: Please be careful if
you receive this ad.
I do not recall such a meeting, nor
I know about a "pressure trading strategy" for finding "probable price
direction."
Nor do I advocate short-term
trading.
I do not authorize use of my name in
this ad and I certainly do not endorse this product.

People Who Slip Lies into Ads
are likely to slip elsewhere.
Clip:
http://www.speedysigns.com/images/
osha/large/CAUTION049.gif
|
|
Saturday, July
11, 2009
Sign of the
Times
Dear Ed,
I saw something today that was very effective and I thought I would
share it with you.
At the side of the road a man was standing with his back to traffic, his
head bowed, hands clasped together in front of him and standing still in
the bike lane wearing a tee shirt with a 30 on it. The 3 is
crossed off in red and a red 2 below it. He is in a heavy pedestrian
area where the posted speed changes from 25 to 30 going downhill.
I felt immediately compelled to slow down as did the two other cars in
front of me.
The message
hit me on an emotional Freidan type level. He is much more effective
than the flashing radar reader at the bottom of the hill. |
Thank you for sharing your
insights.

Effective Signage
can get to the bottom of things
Clip:
http://paulakeyser.com/paulaportfolio/
image%20Files/Best%20Butt%20Bench%
20Sign.jpg
|
back to the
future
|