|Mar 20, 2016
Wants to Engage Personal Growth
I hope that you are well.
I have heard about the TT and I am wondering how I can learn more about it.
I am looking for an environment that fosters some personal growth (have been stagnant for a while).
Please let me know how I can learn more and how I may contribute.
I live the SF Bay Area, more specifically in the East Bay area.
|Thank you for reaching out to me.
You might look in the Tribe Directory, at Resources, above for a Tribe near you.
|Mar 18, 2016
Resisting Taking Extra Trades
noticed that I had strong feelings towards taking trades that were not
part of my trading plan today. I noticed myself wanting to take these
trades but I resisted the urge to do so. I remember at the time I
thought about TTP and made an attempt to experience the feeling
associated with the strong urge.
Later in the day, I gave
into temptation and took a trade that was not in my trading plan. I
remember that I spent about 5 minutes wrestling with the idea of taking
the trade. The 'CM' part of my brain was telling me the trade did not
fit my criteria yet I still had a strong urge to trade. I decided to
experience the feeling associated with this strong urge and the result
was taking the trade.
After finally succumbing to taking the
trade. I felt hot around my face and chest. Tightness in my neck and
chest. I used to feel stupid for doing this type of trade. Now I am
just more curious about what the best solution is.
Any feedback from yourself would be much appreciated.
|Thank you for sharing your process.
might consider taking your feelings about <hot face and chest>
and <tight neck and chest> and <stupid> to Tribe as entry
|Mar 17, 2016
TT Website Updates
a petroleum engineering graduate from the University of Texas at
Austin. I live in Austin where I am currently working after graduating
The reason that I wish to contact you is because I'm curious if you are still updating your trading tribe website.
come to learn that you, Michael Covel, and Larry Hite are great sources
of knowledge and information on the subject matter of mechanical
futures trading. If you are no longer updating the information on your
website, do you have an organized source of information that could be
beneficial to me other than your trading tribe website?
|Thank you for raising this issue.
You can look around on this site - and, you may also contribute research to this site.
|Mar 16, 2016
Remote Tribe Report - Deadline
was my intention to miss the Tuesday Deadline for submitting work on my
project. It is my intention to submit it now and to submit on
time going forward.
|Thank you for sharing your process.
|Mar 15, 2016
I hope all is well with you. Below please find a report from the first on-line Tribe Meeting/Project Lab.
week we start a first remote Tribe series of meetings with three other
tribe members. We agree to do meetings on-line with a focus on
accomplishing a project of our choosing. At our first meeting we
work out the technicalities and processes and do an introduction of our
At first things feel little clumsy and far apart
but as we get into the presentations and feedback things start to feel
more like a normal Tribe. I enjoy seeing old friends and supporting
them. I am excited to do this. Since my experience along your
side for many Tribe meetings I notice effortless willingness to just
let go and go with the flow.
I’ll keep you posted on our experiment!
|Thank you for sharing your process.
The first meeting of (our) Remote Tribe/Lab got off to a good start.
At the time I missed the drumming - but in retrospect - I think it was
the sense of connection to the tribe that I missed.
I researched virtual drumming that would work in the platform and came
to the conclusion that it is not possible. I wonder if listening to
some meditation type music might work - or perhaps a few seconds of
Second check in round was news, and I started to get hot recalling a
visit from family that brought up a lot of feelings and memories around
my mother and being her little protector. I have my Rocks ready - but
don’t get into it.
We move onto lab projects - everyone has interesting ideas that they
Then lab is over and so is the meeting.
It took us a while to get our groove on but by the end of the meeting I
felt the sense of connection that I missed at the beginning. Afterwards
I am wound up and can’t get to sleep for a few hours.
Thanks to the Chief for organizing the meeting.
Thanks to my fellow tribe members for showing up and getting into it.
you for sharing your process,
|Mar 14, 2016
Remote Trading Lab
Dear Local Tribe Members Tribe,
the last few weeks, I create a proposal to establish a Remote Tribe/Lab
modeled on the work we do in person in Lab and Tribe. I email the
proposal to members of (our Local) Tribe that I feel may be interested.
I feel happy, confident and ready to work. I set a deadline for
commitments to join and propose a schedule in my email.
In the proposal, I outline the General Principles around which I intend to organize this Tribe:
- We meet regularly via a web conferencing tool like skype on a schedule that we agree to stick with.
- We conduct our meetings in the spirit of our in‐person Tribe and Lab meetings.
‐ We document and report our meetings to FAQ.
- We commit to doing the work, following process and supporting one another through rapport, honest feedback and encouragement.
- We follow TTP principles and hold ourselves and each other to a high standard.
discus the plans and receive feedback with everyone I share the
proposal with. I receive commitment to participate from three Tribe
members that choose to join me and we set our first meeting.
few days later, we convene online in a video conference the designated
time and begin our first meeting. All four participants arrive
within a minute or two of the scheduled start time.
we spend some time addressing specifics of how our Tribe and Lab will
function and the various issues that seem specific to the remote
SETTING UP THE NEW MEETING FORMAT:
- Members arrive and confirm we can see/hear each other.
Speaking order: We establish and agree to speaking order that emulates
seating order at a physical meeting in order to proceed in turn, like
we do at in-person meetings.
- We review the the proposed meeting schedule and confirm our agreement with the general principals.
- We start with a feelings only check - in and some things come up:
1. Check in without drums feels different. One member wants to find a way for us to drum in our virtual meeting.
We have a connection issue, one member disappears for a while. While he
is offline, remaining members briefly discuss how we want to handle
this kind of thing.
3. A member reminds me that we
usually have a "street news" kind of check in where we share what we
have been up to, working on and the issues that have been coming up for
us. He would like to have another check in.
- The missing member reconnects and I fill him in on our brief discussion about points 1-3.
We agree on the following:
- Technical Problems: We establish a protocol for lost connectivity:
A. We will all have a redundant devices to connect with.
B. If a member is unable to join/rejoin after being disconnected, the meeting continues with remaining participants.
C. A member that gets disconnected may follow up with the others after the meeting to catch up on what they missed.
Privacy: We agree that we will use headsets in order to prevent the
video conference from being overheard in our respective locations. We
are each attended the meeting from our respective homes where family or
friends may also be present. We notice that the prospect of
being overheard ourselves may be impacting our experience of the
meeting. This feeling seems to subside as we get further along in
process later in the meeting.
- FAQ: We agree to report to
FAQ and focus on process and feelings content in our reporting. We
agree not to share the specifics of other member's projects to FAQ.
Schedule: I share the proposed meeting schedule. We agree on a sequence
dates for meetings, FAQ updates, sharing projects, sharing
feedback, "in-person" presentations and "off" weeks.
Everyone is clear and in agreement with the plan.
Process: I share my thoughts on how we might implement Rocks
Process in a remote meeting format. We have a brief round of feedback
that takes place out of order. A Tribe member asks for
clarification on the agreed speaking order and we resume taking turns
speaking in accordance with the order we agree to. I feel glad that he
addresses this and helps maintain the standards we agree to. We are
able to enjoy an orderly sharing/feedback flow for the remainder of the
We arrive at agreement on each of the points we
discuss. I feel commitment to the process and a sense of confidence in
the process of deciding together. I also feel connection with the
members of theTribe as we share our views and feelings and come
agreement on the processes we choose.
The set up portion of the meeting takes about an hour or so.
FEELS LIKE TRIBE
Once the administrative discussion is complete we check in again.
second check in feels a lot more like an in-person check in. I get a
sense of what each Tribe member is feeling and connect with their
issues on an emotional level. There is a feeling of rapport and
everyone seems engaged. I check in last and experience a technical
problem while checking in. When I rejoin the group a few moments later
they tell me that they see me frozen in a form on their screens.
Someones says " I was about to tell you to do more of that". We laugh.
After checking in, we proceed to sharing our Lab projects.
Each member presents their project to the group. Each member of the group provides feedback. The process is as follows:
- The presenter presents their project.
- Tribe members provide feedback one at a time, in order.
- Presenter thanks each member for the feedback before the next Tribe member shares their feedback.
Once all members have shared feedback, the presenter confirms the
feedback he has received. The presenter confirms the feedback one
Tribe member at a time, first , by repeating the feedback he
receives form that Tribe member and then, asking if he has captured the
- The Tribe member who gave the feedback has an opportunity to clarify.
- The presenter thanks the Tribe member then moves on to confirming feedback with the next Tribe member.
process repeats until all feedback has been confirmed. The presenter
thanks the Tribe for the feedback and then the next presenter begins.
feel really surprised and pleased with how efficiently we execute this
process and how automatic the process feels. The efficiency and
familiarity I feel with the process makes it easy for me to feel the
underlying feelings connected to the presentations and really connect
with the presentations.
There is consensus within the
group that the process works and we each comment on our experience with
the process and noticing that feelings are coming up.
we finish with Lab presentations and feedback, I notice that I feel
like I am "with" the other Tribe members and nearly forget that we are
not in the same room. The feelings that come up in Lab are palpable for
each of us. Someone comments that they feel like we are in the same
place. Someone else comments that it feels like an in person meeting.
We seem to all be experiencing and noticing similar feelings. It feels
familiar and cohesive. It feels like having rapport as a Tribe.
take turns checking out. I feel a sense of gratitude towards our Tribe
and a feeling of satisfaction and surprise as I reflect on how quickly
we are able to develop rapport and acclimate to the new format.
I feel motivated and supported.
In summary, it feels like a great start with room for improvement.
|Thank you for reporting on your process for running a Tribe meeting from remote locations.
Attend a Workshop
I am interested in your workshops, and I am willing to travel to
another area to attend. Please contact me if there are any workshops in
the near future.
you for raising this issue.
I generally announce Workshops via this site.
Study Models and Systems
Good Afternoon Mr. Seykota,
I am writing you to ask to join/attend your Trading Tribe in Austin to
continue my journey in the study of models and systems. I began my
study of trend following as a junior high school (2008) via (The Turtle
Traders/Way of the Turtle/Trend following) where I first learned about
Today, I am stationed in San Antonio as an Air Force Officer. I look
forward to hearing from you on how to begin the journey.
you for reaching out to me about models and systems.
I occasionally host a series on system design.
I attach an updated document for the Sydney Tribe, which reflects the
changes we make to the tribe. We plan to resume meeting in April 2016.
you for updating your TTID - Trading Tribe Information Document.
You may find it online at the Directory, at Resources, above.
Personifying Feelings / Pain in the Neck
Thank you for hosting the Tribe meeting. I hope you are recovering well
from your operation.
I arrive at the meeting feeling tired. We check in and go through a
couple of processes. I get a sense that one process is only going half
way, and this is confirmed by another Tribe member who is playing the
role of a Hotseat’s feeling. I do not have a memory of a Tribe member
role playing a feeling. The Tribe member gives voice to the Hotseat’s
Part of the process is about “getting it wrong.” I mention the process
only seems “half way” complete and offer a way forward. The process
manager manages the process and offers guidance. I get it right about
the “half way” and I get it wrong about how to move forward. The
process moves forward and the Hotseat sticks with the process and gets
results. The Hotseat offers powerful insight on finding a way forward
by “getting it wrong” all the way until right up to the point he gets
I feel emotionally invested in all the processes and drained after the
first two processes. I have a slight pain in my neck. The
Tribe works with me and I learn the pain in my neck is a feeling
indicating that I’m holding back some feelings I need to share—some
things I need to say. I am grateful for the Tribe, the
process manager, and the Tribe member that role plays my father-in-law.
I gain a lot of insight.
The Tribe notices I’m expressing some forms. I feel exhausted and
appreciate their willingness to conduct an inventory. I’m not willing.
We don’t have an agreement to conduct an inventory and we make an
agreement to conclude my process.
I notice that I have an issue not wanting to feel “hate” or the
feelings I associate with hate. I make a note of the feeling “hate” as
a new entry point.
During the last process, I feel tired and am having a hard time
focusing. I feel a sense of relief that another Tribe member is
managing the process. The Hotseat goes for it, and we all contribute to
the process. It is a 9-rock process. The Hotseat takes a big step
Today: I meet with my father-in-law and mother-in-law. We share
feelings. I stick to the feelings. I gain some insight into their
process. No drama. I notice there’s no pain whatsoever in my neck.
you for sharing your process.
On Getting In
- and Staying In
First of all, thank you for holding the Tribe meeting and thank you to
the Tribe for supporting each other. The processes you run
continue to amaze in their fluidity and efficacy.
I have a cluster of issues that need work around not trusting myself
and my play. This cluster of issues manifests in two primary
ways -- missing plays and cutting profits. The essential exit
rules of trading are to let profits run and cut losses. I
have improved my game on cutting losses run by using stops, but my
improvement on letting profits run has been much slower.
Similarly, on the entry side, two related areas that need work are
missing plays and playing against direction. I have improved
my game on not playing against direction but my progress on missing
plays has been much slower. These are the issues I take to
the Tribe meeting.
At the meeting one of my fellow tribe members begins working on an
issue that is seemingly unrelated to my issues but during the course of
the process it becomes clear that the feelings I am unwilling to feel
are the same feelings that he is unwilling to feel---the feeling
associated with getting it wrong. As I feel a great sadness
come over me and know this is true and can see the
connection. Being willing to feel the feelings of getting it
wrong restores some balance in my universe with the feelings of getting
it right. They are the same path.
I am now working on developing an awareness of, and creating a better
working relationship with, that part of myself that tries to keep me
from feeling the feeling of getting it wrong. By making it ok
to feel those feelings I can now take the actions that are called for
by the market rather than those that are called for by that part of me
that was unwilling to feel the feelings associated with getting it
you for sharing your process.
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