Contributors Say

Thursday, September 10, 2009

Thinking about Feeling

See Previous

Hi Ed,

I feel that I need to talk with you about making decision. First I just let you know what I think about making decision. It's like when you go by some way after some time you approach a crossroad and you need to choose one of the roads. People feel hesitation because they don't know what is expected of them on the road they choose. That is why they start to feel some difficulties, because they don't want to make a mistake. May be in that is why.

Second I think making a decision is to take responsibility, to be responsible. If you will not be able to make it ,people around you start to criticize you. And may be we are all afraid to be criticize by people who surround us.

From upwards I make a decision for myself what does that mean for me - making decision.

Making decision is -- feeling of choosing one or more things from several, or choosing one or more way from several ways and feeling of expectation. Also the feeling of being responsible.

If I am not afraid to take responsibility. I know these feelings and I like these feelings. Second because I choose some thing I need to know the method. It is difficult when you don't know what to do. In this case I am understanding the way of trend follower and feel that this is only one way.

Also by my philosophy, if I know that I can predict the future I only follow the trend. It means that there is nothing difficult to choose. Just take one way and follow it.

On the road could be hollow and hill, but it does not stop us from getting to the target place.

Also if I have right money management then I don't need to be afraid. Because I will be able to be ready on [good] situation on market and I am ready to feel this without some loss it is impossible to trade.
 

You might consider taking your feelings about <thinking> and <feeling> to Tribe.

Sometimes, People Who are Afraid

of their own feelings

resort to using

intricate and confusing logic.

Clip: http://www.masksandpuppets.com/

Thursday, September 10, 2009

Capital Formation

Hi Ed,

I read and find it very interesting, good  and understandable. Even such kind of things we can see insight our family. Because of people not understanding the flow of income and outcomes. They always feel the problem of being in debts. The desire of human is difference and unlimited. The limit of desire is what people can not image for himself.
 

Thursday, September 10, 2009

Still Wanting a Definition of Whipsaw

See Previous

Dear Ed,

As you say from my last letter I need to consult with author of chart where I show the wave trend and whipsaw.

Dear the chart was made by me. And I make it to send to you because the whipsaw was not clear for me. I made it in 3 variants so that it was easy for you to explain to me on the chart.

Also I send it to you to show how I understand your previous explanation about wave, trend and whipsaw.
 

Thursday, September 10, 2009

Wants One Piece of Advice

Dear Mr. Seykota,

I’m not sure whether this email will reach you or not however I’ll assume (and hope) it will!
 

Thursday, September 10, 2009

Mind Takes a Pounding

Thursday, September 10, 2009

Das EcoNowMics

Hi Ed,

Thank you for posting your article on Capital. It has the clearest definition of "capital" I remember seeing anywhere.

Thursday, September 10, 2009

Man Builds Miniature Car - That Runs

Dear Ed,

Here is some world class craftsmanship.

Thursday, September 10, 2009

Ed Gets Gratuitous Attribution

Ed,

I notice you appearing in this article:

Thursday, September 10, 2009

Illogical

Dear Ed,

I thought this was interesting and that your readers might enjoy it.

Thursday, September 10, 2009

Decentenial Check-In

Hi Ed,

Thursday, September 10, 2009

Belated Happy Birthday Chief

Thursday, September 10, 2009

Sharing Feelings

See Previous

Hi Ed,

Thank you for responding to my last post.

Wednesday, September 9, 2009

Wants to Define Whipsaw

See previous

Dear Ed,

How I understand trend is a move of price from (A-price level) to (B-price level). But waves are price motion (movement) also but inside of trend.
(In my native language the words of move and motion translated as same word and same meaning. In that is why what is differences it is a little bit difficult for me to understand)

I show on image how I understand the trend, wave.

But what about whipsaw I notice whipsaw, whipsaw 2 and whipsaw 3.

Which one is the whipsaw from these 3 variants.

Thank you very much beforehand.

Wednesday, September 9, 2009

Making a Rule to Stop Following Rules

Dear Ed,

I’ve noticed that sometimes the urge to write leaves for brief spells and wonder what the significance is between this absence and my growth in the now (it is worth noting that the break often occurs when my notebook is “slammed to the gills”- but this is not of significance right now as it may just be indicative of a time frame).

Wednesday, September 9, 2009

Sharing Feelings

See Previous

Hi Ed.

Thank you for responding to my last post.

I experience my feelings of impatience, anger, sadness and loneliness. I notice that these feelings tend to happen in this order.

Wednesday, September 9, 2009

Banjo

Hi Ed,

I am out of touch for a while, I feel behind on FAQ. I intend to catch up.

I wonder if you know Bela Fleck has a CD out with these musicians, have you heard it? Here is a link:

http://www.youtube.com/

watch?v=GYlT_2qv3yg

Wednesday, September 9, 2009

Big Wave Update

Hi support team,

Here is my latest update:

I am not sure what to say, I am off track and loose focus. I will write a bit about original big wave and list the other things that I spend time on.

Long delay in reporting – I worked on other stuff, putting no time on the big wave and just recently got onto my original big wave again.

One thing I noticed that is helpful is the measuring, which I stopped but am starting again. I feel this is a pattern for me starting something setting it aside and doing something else. So to say I did more important stuff is just making excuses.

Volunteering:
I put in time coaching baseball with my sons. I put in time with Pop Warner football program with my sons.

Grad party:
We had a large party for 2 of my daughters who graduated from college and the house needed much prep work.

25th anniversary:
We celebrated our 25th wedding anniversary by renewing our vows, a top 10 memory for me!

Daughters:
Two of my three daughters are going through some significant things that are stressful (and time consumers) for the whole family – separate FAQ maybe.

Next workshop:
A football commitment will keep me from even considering the workshop; I am bummed when I think about missing it.

Back Injured:
I really screwed up my back; L4 disc is out of place. If you have this I just said enough, if you’ve never felt this trust me you do not want to! Right now this is much better.

Markets:
I spend time watching my open trades, it’s like I am addicted to it.

Odd fever:
I catch and seem to hang on to a strange fever with symptoms like Lyme disease or West Nile virus. This seems to keep me feeling tired, in a fog and with a mild to sever head ache. Doctor did a blood test yesterday, maybe they will find out what this is. I am sick and sick of it!

I think am adding the following areas to my big wave in some form TBD:

Wednesday, September 9, 2009

Pass Complete

See Previous

Dear Ed,

Thank you for the "catch."

Wednesday, September 9, 2009

EcoNowMics a Capital Idea

Wednesday, September 9, 2009

Good Advice from Dr. Phil
 

Dear Ed,

Thought you would enjoy this.

***

Dear Dr. Phil,

When I retired, I could hardly wait to spend time enjoying my favorite pastime -- bass fishing. I got my own little fishing boat and tried to get my wife to join me, but she just never liked fishing.

Finally, one day at the Bait & Tackle Shop, I got to talking to Sam the shop owner who it turned out loves bass fishing as much as I do. We quickly became fishing buddies.

As I said the wife doesn't care about fishing. She not only refuses to join us she always complains that I spend too much time fishing.

A few weeks ago Sam and I had the best fishing trip ever. Not only did I catch the most beautiful bass you've ever seen, only a few minutes later Sam must have caught his twin brother! So I took a picture of Sam holding up the two nice bass that we caught and showed the picture to the wife hoping that maybe she'd get interested.

Instead she says she doesn't want me to go fishing at all anymore! And she wants me to sell the boat! I think she just doesn't like to see me enjoying myself.

What would you do? Tell the wife to forget it and continue my hobby or quit fishing and sell the boat as she insists?

Thanks.

P.S. Enclosed is a picture of Sam with the two bass we caught.

Dear Fisherman,
 

Get rid of that narrow minded wife.
That's a nice pair of bass!

Sincerely,

Dr. Phil

Clips:

cid:X.MA1.1251744251@aol.com

Thank you for the clips and story.

Most humor contains a seed of truth - and reveals something about the concerns of the joke teller.

You might consider taking a look at how you view the essential terms of the contract between you and the significant other in your life.

Wednesday, September 9, 2009

Sensitive to Position Size

Ed,

I notice that I'm great at holding my medium to longer term positions when I have only smaller amounts at stake, but I'm much worse at letting my larger positions have time to work.

I often close them too quickly or measure them by their activity in an extraordinarily short time frame.

I wonder why I can't hold my positions with greater conviction, such that they can have time to work? I feel caught between either inconsequential sized profits, or huge volatility that disturbs me and stops me realizing the profit that I anticipate.

Your real trading system = your math + your ability to follow that math.

You might consider taking your feelings about <following your system> to Tribe.

An Essential Limit to Speed

is fear of skidding off the track

during the sharp turns

Clip: http://www.caradvice.com.au/wp-

Wednesday, September 9, 2009

Wants to Lose 50 Pounds

Ed,

1.What is the difference between Snapshot / Bumper Sticker and Goal. Previously, you said that Goal is a value against which to measure a level in order to set a rate.

Say now I weight 231 pounds and in 1 year I want to lose 50 pounds in order to weight 183 pounds.

In other words I want to be more slender. In my mind, I have a vision on which I see myself more slender. I have other vision of myself eating more sane food in valuable quantity, doing exercise...
 

231- 50 = 181.

Say your goal is 183.

To lose 50 pounds, you can design a system to move you from 231 to 183 - and then follow that system.

If feelings come up that you cannot handle, except by medicating them with food, take these to Tribe.

In Your Goal Setting

you might want to

be clear as to what you mean.

Clip: http://www.londonlogue.com/files/

Wednesday, September 9, 2009
 

Enjoy of Delay

Dear Ed,

Thanks for your answer.

I already wanted to attend your Workshop in springtime and then also the coming one in October.

The birth of our first child changed the daily life of my wife and me a lot.

My wife is asking for my support on the weekends which I want to fulfill.

I had thoughts if this is also a form of Procrastination but no clear "Aha" yet.

I made my decision to attend a workshop if one is offered in 2010 when we have more support for my daughter.

Up to that point I'll try to gain more insight with my Tribe.

I will ask my Tribe Leader to conduct a Rock Process.

Have a nice day, new insights and all the love from the people you are connected with.

Family

The essential Tribe

Tuesday, September 8, 2009

Risk Management Redux

See Previous

Hi Ed,

Interesting idea. What to do? I think need just to trade, but by which system? As you say there is not one car that is suitable for everybody. Just to determine and without hesitating to start to trade.

This is the first time it is difficult for me to respond to your tasks about expressing our feelings. May be it is because I don't determine for myself what to do.

I know that I have some hesitation, and it is because I don't make a decision to implement  which system.

But I know that speaking with you I feel some improvement as trader on my feelings.

Thank you for sharing your process.

Tuesday, September 8, 2009

Reasons to Avoid Gold

Dear Ed,

I was on BNN-TV, a Canadian version of CNBC, discussing my take on [Company] – a good company but not a good (fairly valued at the most) stock. Gold just ran through a $1,000 mark. I’ve been getting emails asking me if my thoughts on gold have changed, they have not. Here is an updated article I wrote a few months ago.

Five Reasons to Avoid the Gold Rush (updated)

The reasons why one should sell the cat, pawn the mother-in-law, and use the proceeds to buy gold are well known: the Fed is printing money faster than you can read this, which will result in inflation; the government is borrowing like a drunken monkey, so the dollar will be devalued; this will debase all currencies, so the only thing that will save you is the shiny metal.

However, here are some arguments why one should think twice before jumping in bed with gold bugs, or at least remain sober while determining gold’s weight in the portfolio.
 

1. For investors (not speculators) it is very hard to own gold, because you cannot attach a logical value to it. Unlike stocks or bonds, gold has no cash flow and has a negative cost of carry – it costs you money to hold it. It is only worth what people perceive it to be worth right now. The argument I commonly hear is, “What about all those Enrons, Lehmans, Citigroups, etc. that either went bankrupt or got near it? What was the value of those?” If the lesson learned is not to own stocks but to own gold, it is the wrong lesson. The lesson should be: own companies you can analyze (the aforementioned companies were un-analyzable) and diversify – don’t put your all net worth into one stock.

2. The gold ETF SPDR Gold Shares (GLD) is the seventh largest holder of physical gold in the world. If its holders decide to sell (or are forced to sell; think of hedge-fund liquidations), who will they sell it to? This is extremely important, as the presence of GLD changes the dynamics of the gold price, both to the upside and downside. If gold keeps climbing, the ease of buying will drive gold prices higher than in GLD’s absence. In the event of a significant sell-off, there are not enough natural buyers of physical gold. It is a bit like a roach motel – easy to get in, hard to get out.

3. In the past, gold had a monopoly on the inflation and fear trade. Not anymore. Now you have competition from Treasury Inflation-Protected Securities (TIPS), currency ETFs, short US Treasury ETFs, government guaranteed/insured FDIC checking accounts, etc. TIPS suffer from the flaw of the CPI being measured and reported by the US government, which has an inherent bias to understate inflation; returns of commodity ETFs are skewed by price differentials between financial derivatives and spot prices of underlying commodities; returns of leveraged ETFs diverge significantly over the intermediate and long run from the underlying index; FDIC reserves are being depleted with the every-Friday-night bank bailout (but believe you me, the US government will not let FDIC go bankrupt, even if it means it has to raise taxes and impose draconian fees on the banking sector).

The bottom line here is this: none of these investment vehicles are perfect, in fact many have significant flaws; but despite their flaws they attract money away from gold, thus undermining gold’s monopoly on the fear / inflation / currency debasement trade. (I’ve discussed it in greater detail in my book).

4. If, because of points 2 or 3 above, gold fails to perform as expected, the perception of what gold is worth may change dramatically.

5. Over the last 200 years, gold was really not a good investment. It may have a day in the sun, but it may not. And the cost of being wrong is fairly high.

Though gold bugs make it sound as such, gold is not the only and not the best alternative if the worst fears come to pass. The best way to deal with the risks of dollar devaluation and high inflation – with a much lower cost to being wrong – is, instead, to own stocks of companies that have pricing power of their product. When inflation hits, they will be able to raise prices and thus maintain their profitability. Also, companies that generate a large portion of their sales from outside the US will benefit from the declining dollar.

Gold bugs look at gold as a currency, but it is not one and unlikely to be one in our lifetime. Here is why: there is not enough of it around, so even if world government were to adopt a fractional system (currency in circulation as a multiple of gold reserves), they will never go for it, because central banks and governments will never give up their monetary tools – inflation is a very addictive tool to fight growing monetary obligations.

There is a wild card in the price of gold, though: China (John Burbank made that argument at the Value Investor Congress in Pasadena). If it decides to switch partially from owning US Treasuries to owning gold, the price of gold will skyrocket.

One of the functions of fundamental analysis is to justify and medicate fear of trend trading.

Tuesday, September 8, 2009

The + Intention of Complaining - TAKE 2
See Previous

Hi Ed, (again)

Further to my previous FAQ, I just realized that the things that I most complain about are the things that I have least control over and the things I am least able to change.

I like to complain because I like to be in control.

Perhaps one positive intention of complaining (for me) is to Evolve. That is, to be able to accept what is and to adapt to the circumstance if need be.

The 'guy' below doesn't seem to be complaining to much. His work is getting done.

Clip: http://www.darwinuk.com/images/

Thank you for sharing your process.

You might consider taking your feelings

Tuesday, September 8, 2009

Keeping Abreast of Commercials

Dear Ed,

Thank you for the clip. 

Tuesday, September 8, 2009

Wants Definition

Dear Ed,

I hope you are very well.

I just would like to request you to explain me on the the graphic differences between trend, wave and whipsaw.

I don't want you tell me some principle of determining the the trend or to give me some system.

I read the ground rule.

The graphic is ideal form of price movement.

Of course the price does not move by this way. It is just pattern where I think possible explain my question.

I just would like to understand for myself what is differences trend, wave and whipsaw.

A trend is a price move, either up or down.

A wave is an up and down motion.

A whipsaw is originally a tool for cutting logs, lately a chart pattern that motivates a rapid sequence of selling at the bottoms and buying at the tops.

As such a whipsaw develops out of the interaction of your system with a chart pattern.

Tuesday, September 8, 2009

The + Intention of Complaining

Hi Ed,

I become very aware of my whining & complaining.
I usually have a lot to complain about and usually about totally unrelated things.
For example;

- Government bailouts/stimulus/handouts
- Banal conversations
- Shoddy Tradesmen
- Trading account not growing
- Income tax
- Hair styles on TV news readers
- Supermarket prices
- Inability of the US dollar to stage a half decent rally
- <insert anything here>

My Wife says that I become a grumpy old man.
As much as I hate to admit it, I think she may be right.

What, in general, is the positive intention of complaining?

Complaining, along with many other "irritating-to-others" behaviors can serve to prevent the formation of intimacy.

Monday, September 7, 2009

3.14

Ed,

How cosmic is this ?

п = pi

e = e

пe = pie

Monday, September 7, 2009

Imagery in Politics

Ed,

Politicians seem to be studying the art and science of marketing.


http://hotair.com/archives/2009/09/05/

Monday, September 7, 2009

When people perceive an advantage in being confusing, they tend to become confusing.

Chairman Greenspan

His speeches

as a private sector dinner speaker

are generally much more concise

than his speeches

as a public servant.

Clip: http://arran.files.wordpress.com/

Monday, September 7, 2009

Procrastination

Hy Ed,

In several tribe meetings I was working on my issue "Enjoyment with Procrastination".

I procrastinate issues in interaction with others till they reached a "boiling point".

Next to the pressure feeling in my stomach there is a warm light feeling of enjoyment,
during the process of delaying things.

When it comes closer to the boiling point I feel a lot of pressure that I want to push away.
In the last possible moment then I do things very fast and normally in a way in which people are happy with but not me.

When the next issue comes up I delay again and even a bit longer to increase the pressure. This behavior belongs to me as long as I can think.

The process of reaching my mechanical engineering degree shows the same pattern than appointments with my friends.

In Tribe I found out that this behavior is a protest against my fathers commands when I was very young.

A strategy which was maybe working in childhood, brings drama in my live today.

My forms during Tribe are headshaking and stomping one feet to the floor.

I want to quit this behavior.

Thank you for sharing your process and your insights.

Procrastination may be a recourse you employ to deal with stress or intimacy.

You might consider taking your feelings about <procrastination> to Tribe - and into the Rocks Process.

Perhaps you can come to supplement this resource with some pro-active resources.

Alternatively, you might consider attending the upcoming Workshop.

Sunday, September 6, 2009

Ships Passing in the Office

Dear Ed:

I thank you for your sharing.

My ability to connect with woman has improved since my last tribe meeting and FAQ in which both were about a month and a half ago. I am starting to realize that this world is a heaven. I fell in love with my sales assistant (she's also an office manager). I could feel all her feelings. An amazing experience. I never felt this way about her [before]. I care for her deeply. She's got my rock. We are perfect match to every cells of our body. It just happened.

But situations are too complicated. I cried a lot at home. I want to tell her how I feel but it's almost impossible. I am loosing sleep like never before. I can't concentrate at work, she sits right behind me. It is reckless and volatile. I think back about the whipsaw song. I know my risk is way too high on this situation. I don't want to get stopped out of this situation with her. I cry and cry by myself.

I take my feelings to hot seat because I don't know where to begin. Most intense hot seat ever and with intense support from receivers I get to the core of it. It's crazy but it's true. I have an "Aha" moment. Still my brain is evolving and every second I go to work telling myself "I am going to cut my losses, I am going to cut my losses." Then when I walk into my office I know I cannot.

She is not there. I feel relieved. Next day on the way to office I tell my self I am going to cut losses. Then when I go in the office I realize I cannot.

She is there. Something is different. I keep my cool. I am thinking I cannot work here anymore. I am on the phone with client, next thing you know she is crying, she ran out of the office, I am worried, I go after her, she is crying exactly like I was on a hot seat.

She got fired. I receive her. After a while she wants to be left alone. I walk away. She worked in the firm for 13 years. I feel terrible for a while yet relieved a bit. We kept in touch for a few days, but I felt the trend is gone so it is what it is. I still care for her and feel grateful for letting me know I could feel like that again.

I hope she calls me and shares all her feelings with me. But for now, I have a new bumper sticker. "My girl is mine and we care and love deeply for each other" and " I meet a girl of my own and she is mine."

Sunday, September 6, 2009

Thank you for sharing your process.

Playing for humiliation may be a "Rock" or automatic pattern you employ as a way to deal with intimacy.

Sunday, September 6, 2009

"Capitalism is Evil"

Perhaps we're in the process of having a societal "AHA" about risk management, "derivatives" and "hedge funds"?

With regard to the story below, I just wonder what kind of "democracy" he refers to. He doesn't seem to be very clear about it.

Source: http://news.yahoo.com/s/nm/

20090906/film_nm/us_venice_capitalism_2

In EcoNowMics, capitalism is the practice of accumulating tools.  This process seems to benefit everyone and there is little opportunity for abuse of this process.

You might consider looking for opportunities for abuse outside tool gathering - and within the relationships with politicians and Treasury Officials.

Sunday, September 6, 2009

Ed,

Thanks you for your website and book. I look forward to seeing you in October.

I did the exercise below and it helped me out. Although I have felt a lot of freedom in my thoughts and some in my feelings, I still sense a lot of blocks.

It was surprising to me to write everything below. One might not guess it based on the writing below, but I am successful in business and I am looked to as a leader. I have managed a top performing sales team for years. I have a wonderful marriage. But, I have major blocks. I am excellent being good, but horrible at being great. I sense more security in failure and what I try to avoid than great success. I am ready to untie these knots.

What feelings do I spend time avoiding?
 

* I avoid feeling incompetent rather than choosing to be competent. I will not compete against people unless I have a strong advantage. I must feel incompetent in order to direct me to be competent.
 

* Power I avoid like the plague. I actually almost see power as a weakness or opportunity to fail. So, I am afraid of power or using it as a tool. What is my concern with being powerless? Nothing comes up. Other than that if I have power there is the opportunity for me to be seen as incompetent.
 

* I am so scared of not being the golden boy that I just give up on it. Make an excuse like it was not worth it anyway. This is a tool, feeling like I am not the golden boy as it keeps me pointed in the right direction.
 

* Why was I afraid to make the right decision? I needed an excuse not to feel incompetent. If I made the wrong decisions on purpose, I would at least not lose my pride. I could think, hey, I knew it was a dumb decision.
 

* Why do I not want to feel like I am losing control of others? It represents failure. It is total rejection from others. It is the total loss of respect. It is a vivid demonstration of going from the top to the bottom. That feeling of losing control is an important tool. It helps me to know what to work on with a team. It demands my attention.
 

* Why can I not feel whole? I always avoid feeling broken, but I usually describe myself as being broken. Being broken is infinite. I do not like the feeling because it is terminal. But what if it is not? It is gone if there is no cause and effect. So, I can feel whole if accept feeling broken at times and take responsibility.
 

* When do I feel inadequate? Always a little but never accept it. Again, this feels like inadequacy forever rather than accepting the feeling and making a decision and moving forward. The whole fear is the 100% inadequate terminal disease rather than “This feels inadequate, accept it or change it but take responsibility.
 

* Why is it not okay to feel impotent? It was horrible / humiliating the first time I felt that way because it was a major warning. So, I have chosen not to feel it. I have been fiercely afraid of feeling impotent. It showed a lack of control, competence, and freedom to enjoy. How would feeling impotent help me? It would help me to feel what I do and don’t like. It would help me make better decisions. Focus on what I want when I want it. It is timing and choice. A person is not always on. Nobody is. It allows me to be me. By not feeling impotent, I lose control and the ability to choose.
 

* Why am I afraid of having a low sex drive? Then I would be weak. Inferior. Unable to make babies. More important, why do I fear feeling my sex drive? It will show that I am weak. What is the benefit of feeling my sex drive? Harmony. Sustainability. Control of my life. Strength. Choices. Confidence.

Thank you for sharing your process.

You might consider taking your feelings about <power> and <performance> to Tribe.

To The Victor go the Bragging Rights

and sometimes, also

the mating rights.

Clip: http://www.satowns.co.za/Photo%

20Library/kruger/Impala%20Rams%201.jpg

Saturday, September 5, 2009

Saturday, September 5, 2009

Arthur Cutten, a contemporary of Jesse Livermore, makes substantial gains on the long side of corn and wheat, mostly by employing long-term buy and hold strategies.

Arthur Cutten - On the Cover

of Time Magazine, December 10, 1928

Clip: http://www.time.com/time/covers/

Saturday, September 5, 2009

In EcoNowMics we model the depreciation of tools the same way we model exponentially decreasing levels, namely as a lag or delay.  See the Ways of Delays for more detail.

Other approaches might include the linearly decreasing model, such as you suggest and the pipeline model, in which each and every tool lasts for exactly 20 years and then breaks.

Saturday, September 5, 2009

Hope

In general, hope is dope, an opiate.

Friday, September 4, 2009

Good and Evil

Hi Ed,

For me to be logical for example is to choose some way, which not only promises success, but also to know and to be ready for the opposite side improvement of process.

Or to be logical is to be able to analyze the situation and find out the reality. Ability to understand reality and to be adequate.
 

To be logical is to be able to separate reality from hopes. Some times it is to analyze any process without feelings.

One time one of our poets told some interesting idea. He said that the brains of a human is to look like god. And the feelings of the human is to look like the devil.
 

When you listen and do the things which come from brains then you will meet with the problems very seldom or not at all.
 

If you invalidate your feelings, you might expect them to return the favor.

People Who Invalidate Anger

are generally pretty angry.

Clip: http://eatourbrains.com/EoB/

wp-content/uploads/2007/11/anger.gif

Friday, September 4, 2009

Risk Management

Dear Ed,

For me risk management is not only to put a stop loss. It is a more wide and exact process. Risk management includes all the process which is needed to implement without doubt. And all those are following:
 

To determine the system which has positive probability.

To determine the amount which cover this system strategy.
 

To determine the amount you invest .Which suitable for you.
 

To determine the risk per trade which suit to your hit.
 

To put stop lose level.
 

To determine the principal of take profit for used system.
 

And implement the rules of these without hesitating without feeling.
 

For my opinion main core principle of money management is that to cut loose to prolong the profit.
 

This is what about I think about money management


For me difficult course to determining the system to which I will implement?
 

What kind of advice you can say me, which could help me.
 

You might consider taking your feelings about <what to do> to Tribe.

Friday, September 4, 2009

Attachment to Mother

Hi Ed,

Yes you are right dear Ed. I feel attachment regarding my mother. In spite of mother leaving us in 2007, I still miss her.

What about the grief? Yes, after her death I felt a big emptiness inside of me.  Although, her desires live with me and one of her desires was to see me as a well known good trader.

Thank  you for sharing your process.

I wonder if your mother might wish for you to follow your own guidance in selecting right livelihood and in other matters.

Some Mothers Give Their Children

the Gift of Sovereignty

Clip: http://www.usgennet.org/usa/mo/county/

Friday, September 4, 2009

Ambiguous

See Previous

Hi Ed,

Thank you for posting new updates to the FAQ. I notice that my post from August 18 says

"I... seldom don't live up to it." I recall dithering between "seldom live up to" and "don't live up to."

I notice that as the phrase stands, it says the opposite of what I recall trying to say.

Thank you for sharing your process.

Friday, September 4, 2009

From Control to Intimacy

Dear Ed,

This is my weekly report on my Big Wave (I give my wife and children all my love and support, and I give up control).

I re-read the paper “How to Run a Tribe Meeting”

(http://www.seykota.com/tribe/

Pollinators/2004_J_19_ES.htm)

Thank you for sharing your process, frequently and with detail.  You provide an excellent example of the possibilities for moving from control-centric relating to intimacy-centric relating.

You provide substantial inspiration for others who might consider having a deeper, more intimate and more satisfying relationship with family members.

I have a hunch your example is already inspiring others to attempt this transition.

Completion

A thing is complete

when you say it is.

Clip: http://www.news.harvard.edu/gazette/

2003/10.02/photos/07-football1-450.jpg

Friday, September 4, 2009

Friday, September 4, 2009

Feelings and Logic

Hi Ed,

I am reading the TTP process and EcoNowMics and other literature about psychology.  I find out for myself that intellect, mind, and wisdom depend on feelings. The intellect works through the filter of feelings. The main process of thinking is not more than just the comparison of old information which we had before and all feelings which we felt before. Our brain is not more the comparison machine. In that is why the wise man is the person who lives long, reads a lot, and travels a lot. This kind of man has more information in his brains [and is considered wise]. Then we are no more than a computer with feelings.

In that is why if you want to understand some thing you need to feel it. In that is why science works by comparisons. In that is why we can not make anything which we could not imagine. Imagining is to compare the all information in your brain.
 

Thursday, September 3, 2009

You might consider taking your feelings about <risk management> to Tribe.

One of the Intentions of Risk Management

is to ensure your car is off the tracks

before the train comes by.

Clip: http://cache.gawker.com/assets/images/

jalopnik/2009/02/Balla-train.jpg

Thursday, September 3, 2009
 

Feelings About Mother's Death

See Previous

Dear Ed,
 

On my last letter we talked about the feelings regarding my mother's death. And you request to talk about my feeling about my mother and about the death.

My feelings about my mother:

My feelings about my mother are positive. Even the times when she was angry [at] me. I love her very much. Today when I look at the time when we where together, I can understand her attitude towards some situations.

I understand that all her life she spent for her children. Generally she never thought about herself, all of her aim was for our success. Even on her last days her last words were all about our interest.

An example [of her concern for us was about her own funeral]. In my country the body is buried by Muslim tradition, and on the grave there is a grave stone. In this case some use black marble or some use just ordinary stone.

Even on her last days she was still thinking about us and she requested that we not use the expensive stone. In one word she devoted all her life for us, for the family. [She was the only one in my family that] believed that one day I would become a good trader - because she could feel my interest in it.

I have a lot of feelings about my mother, but it is impossible to explain all [in one letter]. All my feelings are positive and I love her - that is all.
 

My feelings about death:

You know the topic of death is as mysterious as the topic of God. The knowledge about these two phenomena [is similar to] the knowledge of how most traders think about the markets. More correctly [it is how they cannot predict the market.] That is why men are hesitant about this phenomena, because they can not control everything about the future.

[It seems that what man cannot control or cannot explain] makes him feel fear, and hope.  Because of these feelings, humans try to understand the phenomena of death and God.

 
The same thing happens when traders trade on markets. The decisions which they make comes from fear and hope. In that is why most people loose their money.

For me, death is an end of the trend of a human.
The time which will come to everybody, some are afraid or hope that after this they will live eternal.
I don't know how it will be and when it will be but this time will be.

Death took from me the feelings to be with her.

That is why death is not interesting for me. Generally, I want to understand the reason of life? I want to understand the phenomena of God?
What do you think about the God? [Your opinion interests me.]

Thank you for sharing your process.

You might consider (1) the things you recall losing at the moment of your mother's death, (2) the things you recall still having at the moment of your mother's death and (3) the attachments you still have to your mother.

You might consider taking your feelings about <attachment> to Tribe.

You also refer to "the knowledge," "men," and "everybody".  You might also consider taking your feelings about <expressing your own feelings> to Tribe.

Grief

is a function of attachment.

Clip: http://3.bp.blogspot.com/_Vr8Xl0cbUZA/

SbahAoFwWlI/AAAAAAAAGaQ/a2aPcSFQMuA/

Wednesday, September 2, 2009

Making Agreements

Hi Ed,

I am committing to this process and to report my progress weekly to FAQ.

1. Love unconditionally and remain willing to release obstacles / false beliefs / rocks that hinder Unconditional Love / Receiving
 

2. Live Debt Free
 

Thank you for sharing your process.

You might consider mapping your notion of "unconditional love" into a set of policies for responding to various stressful situations you may encounter.

Love Is a Verb

It shows up in how we behave.

Clips: http://www.santaclaracountylib.org/kids/

lists/bullies_younger/bully.jpg

http://z.hubpages.com/u/363049_f260.jpg

http://www.sftravel.com/images/shopping/

shopping-san-francisco3.jpg

Wednesday, September 2, 2009

Keeping Agreements

Thank you for sharing your process.

When You Keep All Your Agreements

your word

becomes the law

of the universe.

Clip: http://www.annettecolby.com/blog/

Tuesday, September 1, 2009

Positive Intentions of Feelings

Dear Ed,

About the feelings as you told we hold that all feelings are positive intention. I am trying to understand how it looks? Because I can understand this in trading, but in real life it is difficult to look at every feeling as positive.
 

For example, How can I look at the death of my mother as positive feelings? In trading I can look at risk management control before starting the operation to determine the hit.  Then I can choose the risk [I am willing to take.] The risk will be the part of my risk management. When you loose a person who was very dear to you, how do you call that feeling positive?

By the way, in our lives there are so many organizations or institutions (I am not sure what to call them) which answer to your feelings. For example when you feel that you need [to] learn there are schools, colleges, and universities - you  go and pay for these feelings.

If you feel a problem with your health, come to a hospital. If you don't want to feel some [financial] loss come and pay for insurance [through an insurance] company. At last when you feel the end of life there are religions for this - come and pay and you feel eternal yourself. We pay every time that we don't want to experience some thing.
 

The death of your mother is not a feeling; it is an event. You may have feelings about that event.

You might consider taking your feelings about <your mother> and about <death> to Tribe.

At Funerals

some cultures celebrate

as well as grieve.

Clip: http://blogs.mysanantonio.com/weblogs/

artbeat/13798893%20-%20MANNY%

20CASTILLO%20CASKET%202%20-%

Tuesday, September 1, 2009

Learning English

Hi Ed.

As you feel I am not best in English. But I had a time during my childhood when it was a dream for me to speak in English.

I also remember that [I did] not make any effort to change situation. One day my English teacher [was] asking me about some homework, [but] I could answer him and he said "shame on you". From that day I [made a] target for myself - [I would] learn this language. Not [only would I learn English, but I would learn] Russian too.

Tuesday, September 1, 2009

Healing with Love

Dear Ed,

I enjoy reading your book very much. Thank you for writing it. I want to suggest to you the book "Healing with Love" by Leonard Laskow, a Stanford trained doctor who has developed a healing method which seems to have much in common with TTP.

If you are interested, below is an excerpt from an interview with Dr. Laskow available at http://www.laskow.net/resources.shtml

Tuesday, September 1, 2009

Emotionally Moving

Dear Ed,

I thought you would enjoy this clip.  An emotionally moving song.

Thank you for the clip.

Tuesday, September 1, 2009

Jesse

Tuesday, September 1, 2009

Charlie Patton

Thank you for the idea about writing a song about The Blues man.

Charlie Patton

Clip: http://www.slimpickens-n-doctorbaz.com

/delta_blues/blues_artists/charlie%20patton.jpg