I know that in trading there are hidden secrets...
This is a hidden secret - indicator settings.
If the standard indicators set up properly, you can see trends and
extreme points. Most lose money because they use the wrong setting
All books are promoting the wrong indicators setting in which it is
impossible to earn. Also the same thing I see in the video, where
people use the wrong time frames in the indicators.
The problem is not in psychology, because even knowing own psychology,
but bad tools it is impossible to make money.
I do not agree that the problem of trading in psychology. The problem
is in pattern recognition.
To earn money you need to be able to see patterns. A pattern can be
seen only with the correct indicator settings. Do you think books
authors deliberately deceive people? Where to start promoting wrong
you for sharing your process.
You tend to attract what you keep in your thoughts; in this way you see
what you believe.
You might consider taking your feelings about <secrets and
deception> to Tribe as entry points.
Do you agree with the fact that the behavior of financial markets has
changed due to algorithmic trading and mathematical theories?
The algorithms have become widely used theory of mean reversion.
Therefore, when the old trend following strategy open positions
algorithms and mathematics open opposite positions as a mean reversion.
We have seen that trend following traders like John W. Henry and
Richard Dennis began to suffer losses. In the 80-s trend following
traders were just lucky, because there was no return to the average
price. Richard Dennis started getting losses when the price began to
come back to the average price. Bruce Kovner because of his great
talent was able to adapt, to adjust to the changing market.
Time larger trends in the past. I think today we must take small
trends. Open positions in the runaway price of the average price, take
profit when it reaches the maximum deviation from the mean. Then open
opposite positions when the price begins to return by the maximum
deviation to the mean and take profits at the average price. Take small
trends, rolling back and forth. Am I right?
you for raising these issues.
I deal with the interplay of trend traders and reversionists in my
in the 39th Day
in these chapters: Trend Following (pages 297-312) and in Trading
I do not think that algorithmic trading (using computers to
makes as much difference as the basic algorithms traders use.
Traders generally follow whatever algorithm works well in recent
During periods of equilibrium markets they
gravitate to reversionistic methods; during periods of trending markets
gravitate to trend-following methods.
The interplay of these two approaches can account for the generation of
the classic run-and-consolidate pattern. During the run
phase, the trend followers prevail at the expense of the reversionists
- and help
to accelerate the discount. During the consolidation phase
reversionists prevail at the expense of the trend followers - and help
attenuate the volatility.
A classic in physics
and in trading.
|Govopoly in the 39th Day,
I make progress on my business plan this week. I sit down
today but do not accomplish much.
Today I hear negative voices in my head. Typically these
voices/thoughts say mean things about other people now the words focus
on me. I hear things about how I never have much success, how my
parents do not support my dreams while growing up so why do I think I
will succeed now. I want the mean words to stop.
Even this desire for the voices to stop seems to amplify the volume of
hurtful words. The words hurt because of their accuracy.
In the past I do quit when I meet adversity and sabotage myself when I
taste a little success. My mind wanders to the summer before
my final year of secondary school.
After much practice I finally dunk a basketball for the first time,
when it happens I feel so much surprise. I can't believe it! After that
I try and try to repeat the same feat with no success. It
feels as if my legs refuse to cooperate, I realize later my mind holds
I get in my own way. I know I have to face the voices
otherwise nothing changes and I can expect the same results as always
... failure surrounded by mediocrity.
you for sharing your process.
You might consider taking your feelings about <voices of
failure> to Tribe as an entry point.
Couple a days ago my friend have send me your book - The Trading Tribe.
I have just finished reading it. I find this book and whole Trading
Tribe process amazing! Thank you for writing and sharing your
While I was reading a book a lot of feelings goes up. Many of them I
even did not understand. I want to participate in TTP.
I live in the North Sweden in a small place. I think if it is possible
to get information and participate in nearest TTP or even organize one
in my place, but I am little afraid.
Do you think it is possible, and require some special psychological
responsibility and psychological safety? I have a couple of, drum like
tambourines already. Can it work same as drum? I also have some
experience in Family Constellations practice by Bert Hellinger long
I respect your grand father. I have also a curious question about TTP.
Does this practice comes from some Aborigine Tribes, which I know, rich
in different experience?
you for raising this issue.
Tribe Members typically use percussive drumming to start the meeting
- to help tune into
emotional processes and to synchronize intentions.
generally have a wide range of percussion instruments on hand,
including drums, sticks, shakers, guacharacas and even a digeridoo.
Many cultures, including the Aboriginal culture use music to celebrate
For a musical metaphor for the communion of Aboriginal and
Western processes, see:
attend the Mumbai trading tribe since its formation one year back. I'm
writing my first meeting update. Apologies for not writing earlier.
The meeting started with a round of percussion, moved
on to check-ins, and then discussing what has changed / happened
between meetings and if there is anything particular that we felt and
wanted to work on.
One of our newest members took the
hot seat for the first time and immediately went into feeling his
feelings and responding to the process management and other receivers.
The process was a basic forms process which went well and reached
intense moments. It felt really good to see a new member be willing to
experience his feelings.
The member starts with rubbing
his palms and experiencing heat within him, the other Tribe members
quickly encourage him to go deeper in the form and increase the
intensity, the member eventually starts rubbing really vigorously and
starts experiencing pain in his shoulders and arms, he eventually
starts crying and we all encourage him to cry more. The sender keeps
feeling and moves into other forms and keeps crying, he later says that
he feels he’s been taking on too much and has been feeling tired and
sad about it. He feels relaxed after a point and his process
wasn’t particularly hot but especially after a good process by another
member I was inclined to take the hot seat. Also, there were some
feelings I had been
wanting to work on of not being able to sustain efforts at work in
order to achieve results while wanting them.
Right after talking for a bit I started rubbing my hands on the chair, the process manager told me to
repeat that action and increase the intensity,
the intensity increased substantially and I ended up burning my hand
due to the heat from the friction, I had a smile on my face and called
myself stupid to force myself.
The pain didn’t lead to any
images or thoughts in my head. I continued with my process and entered
different forms but the intensity wasn’t high. I eventually entered a
form where my process
manager pushed me a lot
and I did start pushing a lot more from my side as I felt like pushing,
the intensity increased and I started seeing visuals of my school
sports field where I spent a significant part of time in school as I
was sports person, the visual was of my practice sprint where I am pushing myself a lot
more to reach the end point, I used to be a good sports person in
school but was slow, didn’t have stamina, and lacked strength in the
early years, but eventually was the opposite. I ended my process with a
smile on my face. My process manager / Tribe leader tells me that this
was the fourth or the fifth time in our Tribe’s short history where
I’ve had visuals of my sports field.
We took a small
break and moved to our Tribe leader’s process. He had been expressing
that he had been feeling sad and depressed for sometime and wanted to
work on those feelings, however, he wasn’t feeling hot enough but still
wanted to do the process. I managed the process. He entered a few forms
but didn’t proceed with much intensity. He stopped following the
instructions for a bit, then resumed sending with a much higher
willingness. The intensity of forms increased, he stops after
experiencing a form, after being asked what he’s feeling, he bursts
into a fit of laughter, I ask him to increase the intensity, the other
members encourage him to laugh more, he keeps laughing for a long time
and his stomach hurts in the process, the entire Tribe joins him in the
process of laughing while motivating him and keep encouraging him
throughout. He feels much better and says that he hasn’t had a good
laugh since a while. The process ends.
meeting moves to discussing how consistency is finally setting in the
Tribe and its importance. We discuss that in the next 3 meeting we want
to do the Goals Process. The meeting ends with a checkout and
acknowledgment of each other’s support.
Any input from you regarding how to go about the goals process will be
Thanks and regards,
you for sharing your process and for documenting your meeting.
I gather you generally use the Disappearance Process (Zero-Point
Process) to deal with the feelings you have about your issues.
you find Tribe Members bringing the same issues to meetings week after
week, this may indicate your Tribe using TTP medicinally, to alleviate
feelings rather than to deal with underlying patterns.
If so, you might consider proceeding on to the Rocks Process.
See more about this in my pamphlet, TTP Extensions
that you can order from my site, above, or download as a PDF file for
the Goals Process you mention, we identify your goal as the
difference between what you want and what you have. We then
identify your blocks, what ever you see standing between you and
achieving your goal. We then develop the feelings associating with your
blocks. Finally we take these feelings to Tribe as entry
Donald - 25 Years Ago
25 years ago, The Donald on Oprah saying what will happen.
This is very interesting. Short video!
case you have forgotten the U.S. is almost $20 Trillion in
And most of it has happened under the present administration.
you for sending me this link.
In my book, Govopoly
in the 39th Day
(see above) I hold that the Govopoly System inexorably assimilates the
Free-Competition Sector - and then perishes in chaotic inflation.
taxes and to building protective walls would have little effect on the
growth of the underlying dynamics of the Govopoly System.
I do not sense much commitment to balance the national budget - or even
to audit the Fed.
I forsee more of the same 'ol same 'ol - now under a different brand
model indicates that even with a 50% reduction in regulations and with
a freeze on debt financing, we would still face a decade or two of
austerity before the economy regains its former vitality.
Politicians who promote austerity and take away entitlements rarely
Greetings Chief Ed,
I wonder if Radial Momentum helps to explain how bees are actually able
The assumption is that standard physics does not adequately explain how
Here is a relating link:
you for sending me the link and for raising the issue about how
I do not see Radial Momentum as the major lift component.
I think that the author of the article improves our understanding by
noticing the wings travel laterally (front and back) rather than
vertically (up and down).
I do not agree that lift comes from "small hurricanes" above the wing.
I think the lift comes from the angle of attack - that the bee
can control and synchronize with the direction of the stroke.
The "eddies" above the wing come at a price, namely the energy to
achieve stream separation - so the bee maintains these low-pressure
areas at a net loss of energy.
Perhaps these low-pressure pockets help the bee develop a slightly
concave-up wing cross section, particularly at the leading edge.
Inquiring on next scheduled workshop.
you for raising this issue.
I have no Workshop in the works at this point.
Gambling and Destroying Life
Have you ever thought about the fact that promoting trading, you
destroy people's lives?
To make out gamblers people.
Trading - a zero sum game, in fact gambling. Therefore, only a few can
win. Most people will
never earn, and some earned, in the end, lose.
You are on the forum give people hope, but the majority will never
come. Maybe we should reveal the truth to the people? How many people
do you know personally who earn a lot of years on the trend following
Stable can make, in my opinion, only to inside, arbitrage, portfolio
If the trend following strategies, you can always earn money, why
people who follow this strategy, not in the FORBES list? Open, please
you for raising this issue.
Gamblers generally create new and purposeful risks by instantiating
games - such as poker, roulette or flipping a coin. They then
place bets on the uncertain outcome.
Speculators generally assume pre-existing risks, allowing,
farmer or miner or banker to transfer these risks and to
focus on other business aspects.
In the gaming industry, the casino owners ride trends in demographics
and consumer preferences while casino clients gamble.
I personally know many people who credit successful careers to trend
the people on the Forbes list can credit their success to trend
following. The Silicon Valley wealth comes from
identifying and riding strong trends in digital automation.
Those who fail to identify and participate in strongly emerging trends
may lose out. Apple and Microsoft have
enormous resources - and then miss the early signals to
enter markets now under control by Amazon, Facebook, Twitter
You might consider taking you feelings about <losing in the
end> to Tribe as an entry point.
Data and Feelings
I am watching the Star Trek and notice that Dr. Soong, Data’s father /
creator, has a voice similar to yours, sometime his look also
resembles you. |-)
I remember in a interview in Seattle, you say you want to be like Data,
total logic. The more I watch Star Trek , The Next Generation, the more
I start to like Data, as well as the crew. They are extremely self
But I had a little confusion when I see that you want to be Data. Data
has no feelings, and he always follow systems. But TTP value the
positive intentions of all feelings. And we try to embrace and share
feeling, and still be able to be disciplined and follow the systems. So
Data does’t benefit from the positive intentions of feelings.
Your comment in the interview sounds to me like that we accept
feelings because we have to. If we can be of without feelings , like
Data, we would rather not to have feelings, and don’t care if it has
positive intention or not.
I wonder if you can make a choice, being Data without feeling anything,
or being a human with emotions when trying to follow systems. Which do
you for raising this issue.
As I recall, my Seattle comments pertain to acting like
Data in one aspect: namely, in executing a mechanical system
mechanically, without emotional over riding.
You do not have the choice you cite, about whether or not to have
You may have a choice about whether you suppress your
(or) experience them fully.
I hold that the former leads to drama in your life and in your trading
and that the later affords you the benefits of having your thoughts,
feelings, goals and actions in alignment with right livelihood.
You might consider taking your feelings about <having
feelings> to Tribe.
|To Top of Page