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Ed
Seykota's FAQ
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July
31, 2017
Tribe Meeting
Report - Lump in Throat
Ed,
About a week ago, I take the hot seat in a Tribe meeting. I have a
long-standing Tribe relationship with the other members and we decide
to try meeting my Skype. The Remote Tribe seems to work well and the
meeting lasts about three hours.
I bring a long-standing issue to Tribe about people who treat me poorly
and my associating attempts to try to get them to treat me better.
The other Tribe members assist me in localizing the issue to a lump in
my throat - a feeling that associates with pressure, sadness, anger and
nausea.
The Tribe quickly gets me deep into my forms - and more issues emerge,
like people running away and abandoning me. I wonder what I
do to get this result so consistently.
Then, something strange happens, although I kind of expect strange
things to happen in Tribe meetings.
My process manager goes into process himself, and commences talking
about his own issues. At first, I find this annoying, like an
intrusion into my hot seat process. The feeling in my throat flares up.
I also notice how this all fits with my abandonment issue.
I trust the Tribe process and decide to go with it and shift into the
role of process manager for my former process manager.
I don't exactly remember the details of his process. I do remember that
as he moves through his issues, the feeling in my throat loosens up -
and even starts to feel good.
After we complete his check out, we return to my process.
Then, suddenly I see something obvious that I could not see
before.
My old Rock links the feeling in my throat to trying to get the person
who abandons me to come back to me.
I release this Rock and replace it with a Rock that links my throat
feeling to letting people go when they abandon me - and to make room
for a better match. My throat feeling and former nemesis
becomes my valuable ally.
Since making this discovery and implementing my new Rocks, I notice the
world looks very different.
I have very little interest in chasing after people or situations that
do not seem to work in my interest.
I also notice myself bringing allies closer and not pushing them away
in a self-fulfilling abandonment loop.
I find that I get things done much more easily since I do not worry so
much about people letting me down half-way through a project.
I also notice myself sleeping better and getting more sleep.
I also notice when I feel weary and manage to rest.
I also notice I feel some disorientation as I adjust to a new
way of doing things
I deeply appreciate the gift I receive from my Tribe members during
this process.
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Thank
you for sharing your process and for documenting the Tribe meeting.
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July
26, 2017
Wants to
Re-Share the Whipsaw Song
Hello,
I saw your great video on the Whipsaw Song
and i want to re-share it on my YouTube channel
May I?
Thanks
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Thank
you for reaching out to me.
Yes, you may share the link.
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July
26, 2017
Depression
and Autism
Hi Ed,
The
City of London Tribe is still going strong. Recently, someone with
previous experience from your Tribe meetings joins our tribe. He
returns to TTP after several years off with some new k-nots. His
experience benefits the tribe.
I have found more recently
that I work on feelings related to trading. Specifically the feeling of
complacency and the feeling I do not like getting when my complacency
leads to losses or missed opportunities. I also work on the feeling of
wanting to make money and the feeling I do not like when I force trades
in order to try and get money from the markets.
Work on
these feelings have resulted in forms that I enjoy. I am curious to
find out how frequently dramas related to 'wanting to make money' and
'complacency' play out from now on. I keep a daily journal of my
thoughts and feelings in order to help monitor this.
I wonder if you have ever worked with people that are depressed or have
autism and what impact TTP had on their lives?
thanks
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Thank
you for sharing your process.
Depression and Autism generally refer to deep behavior patterns.
TT
Rocks process may have some value in rewiring feelings-to-behavior
response functions (Rocks), particularly in cases involving early
psychological trauma.
In cases involving physiological trauma, the TTP Rocks process might
not afford much traction.
You might consider consulting with a professional psychologist to get a
handle on the underlying issues before proceeding.
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July
20, 2017
Politics as
Usual
Ed,
is that moron in chief your idea of what should be inhabiting the White
House? Read his quotes from the NY Times and defend the hypothesis that
he had a real brain.
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Thank
you for reaching out to me for information about the President and for
sharing your anger and frustration about the political situation.
To
reiterate my position, I see the US and other Western economies going
through a phase I call the 39th day, in which the Govopoly System
(monopoly by government sanction) assimilates the Free Competition
Sector. For more on this, see the free preview of my book, Govopoly in
the 39th day, on this site.
I see this process accelerating,
and as part of an inexorable multi-century cycle in which we get more
inflation, debt, regulations, dependency on government and class
alienation.
Eventually we get an outcome similar to what you can currently see in
Venezuela, even Puerto Rico.
The
assimilation cycle also includes a re-framing of the election cycle -
away from national policy discussion and toward distracting and
divisive theater for the masses.
Citizens come to vent
their anger and frustrations upon gladiators running for office –
rather than dealing with basic issues such as the degree of regulation
and taxation, the standard of living, the safety of savings, the
sanctity of contract and the buying power of the dollar.
Rather than contemplate the evolution of culture, they position
themselves to hurl invective at the
gladiator of their choice.
I do not have any desire to defend or attack any particular politicians
or comment on their mental conditions.
I
gather the current President appeals to some folks who feel fear and
anger about the growth of government and who identify with a guy who
can assume the roll of “bull in a china shop.”
I
notice that, post election, the President's attempts to “drain the
swamp” also serve to reveal the depth and power of the swamp, or as I
call it, the Govopoly System.
You might consider taking your feelings about <political figures
as personal enemies> to Tribe as an entry point.
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July
20, 2017
Momentum
Trading
Look at the stock long term price charts of FB and AAOI.
Makes you wonder why anyone would monitor stocks daily.
Thanks
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Thank
you for raising this issue.
Some people seem to prefer running drama to achieving success.
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July
15, 2015
Van Gogh
Hi - While researching Vincent van Gogh, I found your page: from 2003, April 13-19.
I
am reaching out to certain website and blog owners that publish content
in line with our mission to make all the world’s art accessible to
anyone. We hope to continue promoting arts education and accessibility
with your help.
Our Vincent van Gogh page provides visitors
with van Gogh's bio, over 90 of his works, exclusive articles, and
up-to-date van Gogh exhibition listings. The page also includes related
artists and categories, allowing viewers to discover art beyond our van
Gogh page. We would love to be included as an additional resource for
your visitors via a link on your page.
If you are able to add a link to our van Gogh page, please
let me know, and thanks in advance for your consideration.
Best,
"I dream of painting and then I paint my dream."
-Vincent van Gogh
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Bedankt
voor het verstrekken van de link. Ik herinner me het bekijken van een
aantal van Van Gogh's werken in het gemeentelijk museum in Holland.
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July
15, 2017
TT Chartbook
Does Not Update
Hi Ed,
I notice TT Chartbook not updating last night.
I primarily use the TT_Chartbook.
Like
you, I am an Electrical Engineer & even though we've never met
I
feel a connection with you. While I love engineering, I have
so
many other interests, I have difficulty sticking to one thing all of
the time. I've read about every investing book that makes
sense
to me and many that don't. I found myself gravitating toward
trend trading. I found you in the Shwager book about a year
ago.
I've had some fair success at trading on my own,
but when I stumbled on your site I became very intrigued with the
concept of modeling the various theories I've thought up over the
years. I set up a Linux server, and I'm working with a
partner to
create a database right now to try this out.
Long
story short, my concept was to save all of your chart books for at
least one year, I started at the end of August 2016, and to analyze
what stocks you are picking to see if we can determine what you are
doing. We've have made some headway at developing
"strategies,"
Think or Swim term, to identify many of the stocks you're picking thus
far. We definitely see the momentum aspect, & we've
been
playing a lot with the EMA lines and volume. We like the
Fibonacci sequence so we tend to use those price EMAs though we're not
sure if that matters to you. Visually, they are appealing
&
they seem to possibly correspond with other ideas on your
website.
Hope this doesn't sound odd, but I had a dream on Wednesday and you and
I were shooting pool together.
Sincerely,
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Thank
you for sharing your process and for reporting the operations glitch.
I do not publish the exact parameters as I do not wish to purvey rather
arbitrary values as some kind of "magic formula."
Operationally,
the system downloads data, performs analytics and posts results and
charts to TT_Chartbook daily and completely automatically, at least in
theory.
So far, the system does not know how to cope with power outages,
Internet interruptions, and hardware failures.
The
system generates a "success report" after it runs. I get this report by
email the next morning. I case of system failure, I also receive
various other email, such as from you,.
If you ever get to Austin, perhaps we can meet at "Clicks" for a few
racks of eight ball.
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July
12, 2017
Workshop in
Europe
Hi Ed,
I'd like to participate in a Workshop in Europe.
I realize I have a k-not about fear that is stopping me to develop both
professionally and in private life.
I
think about the issues I'd like to bring to such Workshop and the
conscious mind keeps bringing rational issues until this morning when I
wake up after dreaming of wasps and a hornet which make me realize fear
is behind all of those rational issues.
I fear you may pass away before I can experience TTP with you.
I
fear as English isn't my native language I may find it difficult to
fully participate in the workshop, but then somehow realize TTP is more
about forms than words.
I feel like I self-sabotage, whenever I reach some success I need to
find a way to destroy it.
The fear rock passes among males in my family and I fear I pass it to
my son too.
I
buy your book back in 2008 and jump straight to trading section only to
realize it's so thin and doesn't contain any extraordinary advice. I
completely miss the rest until now, some 9 years later. I read it again
just to see it contains hints on many issues that I needed to find
myself during those 9 years. I may not be ready for TTP back
then.
regards
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Thank
you for sharing your process and for raising the Workshop issue.
I can post invitations on this site to measure interest in Workshops in
the US and in Europe.
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July
11, 2017
Quickie
Good afternoon,
I am over here in [Country].
I recently heard Ed on the Mike Covel podcast.
Very impressed. I don't play the Banjo.
I am new to trading and am committing to trend following style of
trading.
I like to learn more about your system and rather than go in an root
around I's like to be on the front foot.
I have worked all my life for factories and at 60 years old and
scraping to make a living I am heading on a new journey trend following
on the stock market.
They tools I use are INTERACTIVE BROKERS and Finviz for
analysis.
My model thus far is to stick with stocks less than 30
USD with a volume > 150k and with performance up the
last today and the last 20 days.
I am operating to a loss at the moment and need to turn this
around.
The big gaps I have are ;
- best model to select stocks to trade
- fix a process to enter a stock and exit a stock.
What can I get from the Trading Tribe by way of quick education and
connect to the culture as well?
Are you in a position to provide guidance on this please?
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Thank
you for raising these issues.
I see you'd like a quick education.
You also seem to like quick trading and quick profits.
You might consider running some back tests on systems that use quick
trends and on others that use slower trends.
In this manner you might come to find a system that suits you.
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July
10, 2017
Specific
Indicators
Mr. Seykota,
I am currently a Master's in Accountancy candidate at the [University].
This summer I have been for working for [Firm] as an audit intern. I
currently trade a small portfolio and I have participated on
student-run investment funds in the past. My question is as follows:
This current year (2017) we have seen amazing returns from the market.
However, P/E ratios are extremely high and the entire US market seems
to be widely overpriced.
Do you have a collection of specific
indicators that help you to know if the market has
"topped" or "bottomed" out? Timing is one of the biggest factors when
investing in the market and I take this concept very seriously.
I have difficulty knowing "when" to enter a market, and "when" to stay
on the sideline. Please let me know if you can shed some light on this
question.
Best,
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Thank
you for raising this issue.
In Trend Trading we have two indicators: up trend and down trend.
You can determine the trend in various ways and you mostly get the same
result, depending on your preference for computing short-term or
long-term trends.
Trends, and other rates, have no instantaneous values. To compute a
trend, you have to compare averages prices now with average prices
then. Trend measurement requires averaging so you cannot
define a trend until after the fact.
Trend traders get in and out of markets after the trend changes.
They do not and can not pick tops and bottoms.
If you like looking at tops and bottoms, go to a swimsuit-optional
beach. If you want to trade trends, look for sides.
You might consider taking your feelings about
<perfection> and <getting 100% on tests> to
Tribe as an entry points.
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July
10, 2017
Wants
Admittance
Hello TT,
Well am very interested in learning your trading methods.
I am mailing from Ghana in Africa.
How can I be admitted?
Thanks
Regards,
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You
can admit yourself by reading and contributing to this blog.
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July
6, 2017
Tribe Meeting
Report
Ed,
Last Tuesday I attend another Tribe meeting.
I go feeling distracted by life events. The meeting is not
where I want to be, I feel I have more pressing issues to address.
The check in follows the same process. I enjoy the drumming
and the focus on the moment of drumming. The life events take
a back seat.
Each member take the hot seat. I enjoy the support I provide
to each. All the members give encouragement to the person in the hot
seat. Our Tribe also drums at same the time.
The drumming while receiving helps the person in the hot seat shout as
much as they need to.
By the end, there is no time for me to take the hot seat. I feel happy
with that, I am very tired by this stage and find it hard to keep my
eyes open.
The meeting reminds me of the moment of now. The whole
process puts me back into now. The drumming, the receiving, we only
have now. Everything else is either memory or imagination or
a combination of both - I am open to being corrected on this.
The following days after each meeting gives a strong feeling of present
consciousness. I continue my meditation and yoga to support
this.
Each tribe meeting has ‘topped up’ that feeling. It feels good.
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Thank
you for sharing your process and for documenting the meeting.
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July
5, 2017
Gen-X
Hi Ed,
I like to hear your thoughts on this [article], and how does this
relate to the Govopoly system?
Also, what trading opportunities might arise from this kind of mass
behavior/mentality?
Article
Forget lazy,
self-centered or cocky — the truth about most millennials
is they’re absolutely hopeless when it comes to basic life and
workplace skills, experts say.
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Thank
you for raising this issue.
As the Govopoly System assimilates the Free-Competition Sector we see a
reduction in the overall competitive spirit and a reduction in the
work ethic.
You might expect, in the long run, to see a relative reduction in the
US standard of living, as the reward/work ratio seeks
equilibrium with that of other countries.
This reduction in standard of living may imply higher prices relative
to wages.
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July
4, 2017
Arbitrage
Opportunity
Hi Ed.
I hope you're having a splendid Fourth of July. You are a bit of a
legend in our family. Ed, I was wondering if you
are going to print any more copies of your book. I would love to read
it however it's so popular that I can't find it can't be
under $350. You must be the envy of every writer out
there. All the best, Suzanne
Ed replies,
" I wonder where you look and how you find my books for sale for
$350. I sell them from my site for $125."
Thank you for answering my email Ed. Your book is on
Amazon for 350.
I was shopping for my husband who holds you in the highest
regard. Our entire family does. Your work
gave my husband and son the inspiration to build their
own mechanical models. By applying Bill O'Neils
philosophy of price / volume on the NASDAQ index,
along with your systematic trend following and money management they
built a system they are excited about.
Now that our children have left the nest I am trying to get [my
husband] to teach your system to me. I just
finished a 30 year project raising our two children and volunteering
with my therapy dogs in nursing homes, hospitals and hospice.
All the best.
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Thank
you for bringing me up to date on the price on Amazon. I
notice it fluctuating between $250 and $1,000.
I have a couple customers who buy many books from me for $125,
apparently to resell them at a profit.
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