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December 31, 2004 Edition
End Review 2004
statements from real people
are out there doing the real work.
Thoughts about Resolutions
refuse to make New Year's resolutions because they always break them
anyway miss the point. Making resolutions is a cleansing ritual of self-
assessment and repentance that demands personal honesty and, ultimately,
Breaking them is part of the cycle. ~ Eric Zorn
resolutions. Forget control and discipline ... too much work. Instead
try experimenting. Go in search of something to fall in love with ...
something about yourself, your career, your spouse. ~ Dale Dauten
End Review 2003 2004 Proclamations
2003 was a tough but happy year.
Lost some money on the Stock Market.
New happy healthy baby boy. (Out weighs both negatives).
Six months at home with my baby boy is best present I could ever
Blew out a serious chunk of garbage in my mind and Spirit at Breathwork.
(Felt like I got hit with a baseball bat several times then clear. Got
hit again after I went home and now am super clear!)
1) To seriously trade commodities as well as stocks.
2) To receive more.
to the Chief - 04 Review, 05 Proclamations
In July, I come to my first IV TT meeting questioning the meaning of the
Jade Master story and wondering whether I have it in me to be a trader.
I am broken, account vaporized, too much pain to even look at the
Today, I am trading: Winning some, losing some, taking my losses, and
growing my account equity.
I know now that not only I am a trader, but also I am the system, I am
the market, I am trading itself.
Chief, you have exceeded my expectations for 2004. I
hereby grade you A+.
As my friends continue to day-trade, I adopt a long-term trend-following
system that has stood the test of time, I tolerate its ups and downs, I
brew the hot green tea, I sit in my reclining chair by the window and I
savor my FAQ summaries, Reminiscences of a Stock Operator, and the works
of Ayn Rand, L. Ron Hubbard, and Ludwig Von Mises.
Proclamations for 2005
I proclaim my intention to savor each moment of now spent with family
I proclaim my intention to celebrate all feelings as they arise whether
others or my own: joy, sadness, fear, confusion, grief, love--I am
willing and able to feel it all.
I proclaim my intention to build my trading business by nurturing
honest, open relationships with clients/partners.
I proclaim my intention to venture out of my comfort zone as I grow
relationships and businesses.
I proclaim my intention to want/need less stuff.
I proclaim my intention to reclaim dreams long since abandoned.
Year End Review and 2005 Proclamation
2004 was an ever-evolving moment of learning the ropes, with stressful
experiences and a decent dose of light at the end or perhaps the middle
section of the tunnel, and a 30% annual return that is a great
encouragement for keeping up the work. I benefit from studying many
sources and let experience and the much appreciated Ed Seykota’s
mentoring resolve unavoidable contradictions between various trading
methods. I notice I steer clear of these approaches that attempt at
measuring the future or anticipating it, also I do not trade intraday
anymore – I have no edge in this environment. Monday-Friday I spend
many hours reading and writing about trading. This activity is a
satisfying flow experience in itself.
In 2005 I stay with the method that I developed last year and develop it
further; why - it is not complete. My wife and daughter have a giving
husband and father, who takes good care of his true self.
review and 2005 proclamation
2004 I create some bad luck. Believing in trends good luck comes from
bad luck so I am set up for good luck now. Through bad luck I get
stronger, my clarity improves and I recommit to my purpose which is the
same as last year # 26
I let 2005 be my luckiest year yet, living in the now, on purpose, in
and 2005 Proclamation
When I read the Commitment FAQ (Dec 31), I even questioned myself if it
was me who wrote you because he almost speaks my case.
As I look back on my proclamation last year, despite my elegant phrases,
I fulfill maybe two-thirds of it. Some of them I totally abandon
(learning new programming language, exercise/Yoga) as I give them a much
lesser priority, and some of them are just ambiguous that there is too
much wiggle room to decide whether I did do it or not. In short, the
proclamations I've made last year were very nice to read (even I was
impressed from just a writing stand-point), but ineffective. It reminds
me of some complicated and elegant trading system that resonates less
than when you say 1) follow trends, 2) cut losses, and 3) manage risk.
I felt discouraged and wasn't as enthusiastic this year about the call
for reviews and 2005 Proclamations. After all, I made my proclamation
last year, and instead of feeling satisfied and victorious, I feel
ashamed and disappointed. Not to mention when I see you write "Real
statements from real people who are out there doing the real work,"
gosh, I feel bad to let you down. I don't want to let you down!!!!
The Commitment FAQ (Dec 31) seems to hit me right on. I remember during
Breath Work Weekend, you said to me "You don't even qualify to be
here. You do not finish the pre-requisite. You cannot come up with a
goal that is measurable. You cannot find even one thing to commit to.
You are afraid to be pinned down and held accountable. You may just hand
out towels and watch others do the Breathwork." And I cried out
like a little school boy, who is all excited about a picnic, but then he
fails to complete his homework and his teacher finds out and scolds him
and tells him he can no longer go, he feels hopeless as if the end of
the world, and then burst out crying and begging. Yes, that sounds very
familiar, especially the crying part. I really feel like a second-grader
and the time I had a detention.
OK, I do want to be held accountable; I do want to be pinned down; I do
want to take responsibility. And I feel strongly to give you a 2005
Proclamation. It is not as elegant as the one I wrote last year, but I
feel much more powerful and I love its simplicity. There're only two
things really: COMMITMENT and RIGHT LIVELIHOOD.
1) Commitments - Give serious thoughts before I commit, and then honor
every commitment I've made;
2) Embrace right livelihood - As you define in the glossary page, Right
Livelihood is living the Responsibility Model (i.e., the realization
that INTENTION = RESULT), and the willingness to experience forms. I
intend to remind myself everyday about the Responsibility Model until it
becomes a natural part of me and that I'm living in it, and I intend to
actively participate in my local tribe to experience forms.
INTENTION=RESULT. Dear Ed, I have a burning desire to show you my
sincere and earnest intention, with the results I've produced, on Dec
31, 2005!!!!!!! Mark the calendar!!!!!!!
First and foremost thank you for being an enabler, a listener and a giver
of wisdom for so many and for me. As I write an intense heat is engulfing
my head, my throat swelling up, forehead sweating and uncontrollably, and
quietly I weep.
eyes are full of tear clouding my vision. Not out of sorrow but out of joy
for having had the opportunity to be thought by you and so many others who
gave themselves unselfishly. The following are some ideas about the
markets and myself that I have come to accumulate and delineate in the
last year and a half and more intensively since I have come to the tribe.
Some I understand and apply everyday. Others, I grasp the importance of on
an intellectual level, but continue to struggle at actualizing.
most difficult part continues to be thinking and acting in the NOW. I
believe I am making progress, however difficult. On the livelihood side, I
am a much calmer person, acting patiently and lovingly towards my wife and
2 1/2-year-old daughter. I am no more attracted (addicted, is perhaps the
right word) by the drama of the world brought to us on the nightly TV
screen, preferring to listen to the magnificent and sublime creations of
Stravinsky, Thelonius Monk, Cecil Taylor, et al.
Allow me to present to the beloved community some beliefs about myself and
what the market might mean to thee. I read to myself these beliefs and
procedures at the beginning of every session and before I undertake the
analysis of current market conditions. I try to deliberate on the beliefs,
slowly and in a meditative mode.
Turning Zone Trading Principles
I: For every price action, there is unequal reaction.
II: I believe I can harvest the most reward with the least risk when I
execute a trade inside the turning zone.
III: A turning zone is a sphere of confluence for price, pattern, time,
data and events across two or more time horizons.
IV: The analysis, execution, and management of a trade takes place in the
V: My objective is to make trading effortless and to be in a state of
I: Focus on the present moment.
II: My invocation:
1. I believe in free enterprise.
2. I enjoy trading.
3. I determine my destiny.
4. I am a consistent winner.
5. I let the market let me know what it is.
6. I am patient.
7. I act when confluence materializes.
8. I do not chase rallies.
III: Analyze current market conditions:
1. open 5 min., 30 min., 1 hr., and daily charts.
2. draw ML projections, channel and trend lines, stochastic.
3. calculate Pivot Point price structure.
4. count TGH and TGD.
5. record Data & Event figures.
6. read IFR news.
7. based on TZ confluence factors, determine trend direction and action to
IV: Execute trade.
V: Monitor trade.
A wonderful and prosperous 2005 to you, your family and the tribe.
end review and 05 proclamation
Year End Review and Proclamation -2004/2005
My limits to growth:
Lack of commitment to ACT - paralysis by analysis
Procrastination, Don't trust Myself, need confirmation
from others. Lack of follow thru. Start everything finish nothing.
Inability to Experience unpleasant feelings, bury my
head in the sand. Control freak, why why why how how how
I'm to busy.
-I COMMIT to:
-NOW, being AWARE of the Present
-TRUSTING myself 100%
-ACTING on MY thoughts
-Experiencing ALL my FEELINGS and finding their positive intentions, and
integrating and aligning them as my ally's
-I embrace UNCERTAINTY
-Develop a simple trend following trading plan -
END OF YEAR REVIEWS AND 2005 PROCLAMATIONS
I kept reading the FAQ as a Healthy, Wealthy but not Dumb Stooge and I
joined the local Trading Tribe which started December, 2004. I am a fan of
living in the moment and it is helping to find details and thus method. I
am forever grateful and wish you the best for 2005.
Proclamation, 2004 Review
I can see our business growing by translating our second stage plans into
action. With a highly accommodative infrastructure which includes
fault-tolerant hardware, agile software, 4 new robust non-dependent
strategies, and adding more supportive partners, we are managing
$100,000,000 by year end.
I have a strong intention of accomplishing this snapshot by continuing my
discipline of managing risk, decreasing my obsessive defensive anxiety,
and increasing my healthy anticipatory anxiety.
I continue receiving/entertaining all persons I encounter without
prejudging if they are serving my selfish interest. I just celebrate them
for being who they are and be there for them all the while.
1. doing what I enjoy most and best at,
2. just being my gregarious self,
3. just letting things naturally fall into place, and
4. doing this NOW.
Thanks Ed and the whole Trading Tribe! May God Bless You All To The
TTP is the best thing to happen to me, my business partner, our fund
management business, and the people around me that I care about: I am
extremely happy as a result and getting what I want. As my proclamation in
2004 says, we are now implementing our strategy which manages
approximately $12,500,000. Our strong intention is responsible for the
extra $2,000,000 in the form of performance results. Everyone is happy…and
there is more fun coming our way!!!
I still have many issues and am glad that we are able to follow the [TTP]
system all the way with the Trading Tribe's support; especially you, Chief
Ed. Although our Intentional Community lost members, I am happy that I, as
well as other members have made a small difference in their lives and
hopefully carried support for them in finding their right livelihood as
they have significantly help me find mine through our TTP sessions. I
welcome and look forward to new members. Additionally I feel selfish that
I made no contribution to FAQ’s by posting experiences during the second
half of the year. I feel that my posts might waste people’s time as I am
simply regurgitating what others have already stated. I feel silence
sounds better than noise. I do not seem to like transmitting my
thoughts/feelings through low-bandwidth mediums as I have horrible
experiences with e-mail/telephone (an entry point). I am an extremely
somatic individual and I like expressing myself only face to face.
Year 2004 PROCLAMATION #9
I can see myself managing a $10,000,000 fund in 2004. I intend to
accomplish this goal by continuing my discipline of managing risk,
decreasing my obsessive defensive anxiety, and increasing my healthy
I intend receiving/entertaining all persons I encounter without prejudging
if they will serve my selfish interest. I just celebrate them for being
who they are and be there for them all the while.
My renewed and rediscovered welcoming behavior will naturally animate
whether I am in the process of selecting my trading instruments,
befriending a lady or a gentleman for the first time, hanging out with my
love ones, hosting a fiesta, captivating a potential investor, or just
smiling to a stranger.
I proclaim to:
1. doing what I enjoy most and best at,
just being my gregarious self,
3. just let things naturally fall into place, and
4. do this NOW.
2004 --- Proclamation 2005
I re-read last year's proclamation and discover most goals fulfill. I note
that some goals are fuzzy, and they -- surprise ! -- fulfill fuzzily.
One proclamation for this year past is to participate in meetings and
workshops. In fulfillment, the year includes two Reno workshops and a
Breathwork weekend, and forming the [City] tribe. I participate in the
development of ... technology to present multiple forms, resolving into
one yoga-like form.
Another goal involves "coding, researching and testing trading
methodologies in new ways." ...
A dramatic year for growth of a trader.
Hear Ye ! Hear Ye !
During 2005 I intend to increase capital under my discretionary management
to more than $20 million through new accounts and internal growth, and
receive payment in performance-based fees and profits.
Proclaimed this last day of December, 2004 !
make one commitment during Breathwork: I open up my CPO in January 31,
I enjoy your website. I am about halfway through reading FAQ, arriving at
the 2004 Proclamations just in time to write my own for 2005.
Here are my 2005 Proclamations:
As a new member of the [City] tribe, I participate actively in meetings
.... I use TTP to identify and celebrate long-repressed feelings, using
ongoing dramas and chronic somatic symptoms as entry points.
I come to understand how I intend and achieve only break-even results. I
modify my intentions to consistent profitability and achieve consistently
profitable results that match my back-testing much more closely.
I learn to accept my wife as she is, greatly improving our relationship. I
pay more attention to my young daughter's feelings and needs and play with
her now, being in the moment with her rather than being distracted by my
I welcome and appreciate assistance from my fellow tribe-mates and you,
and I offer my assistance in return. I cherish these new relationships.
Happy New Year!
In reviewing my 2004 proclamation, I held to my commitment to TTP. It was
the only commitment I made in the proclamation since I felt I lacked the
emotional clarity to make further commitments. Prior commitments seemed to
be part of my drama set and gaining clarity was paramount.
Changes I experienced in 2004 as part of my commitment to TTP:
1. Stopped day trading
2. Developed a long term trend following system
3. Membership in the IVTT
4. Participated in the growth of my local tribe
5. A strengthening of the relationship with my wife, we now communicate
and send/receive each other freely and without judgment
6. Allow my children to freely express themselves and be exactly who they
7. Unraveled and gained clarity on dramas related to sadness, love, guilt,
8. Have learned to like hanging out with the feeling of "I don't
In 2005 I commit to the following:
1. Continue to integrate TTP into my life
2. To continually experience the feelings that stand between me and
3. To take the necessary steps to become a money manager: CTA, disclosure
document, raising capital, etc.
4. To conduct first class research for IVTT projects
5. To be the best husband and parent I can be
Many thanks to Ed for providing both the technology and forum for all the
growth I am experiencing. Happy New Year!!
I proclaim to help others and consciously add more selfless service into
I proclaim to share my feelings with my wife.
I proclaim to celebrate all my feelings, even the ones I think I dislike
or even think I hate.
I proclaim to celebrate holding myself back in order to let myself go.
I proclaim to continue to hold tribe members feet to the fire in support,
help and service to them
I proclaim to continue to learn, absorb, and incorporate the cutting edge
of TTP from Ed.
I proclaim to expand my trading into a larger business
I proclaim to experience all feelings on the hot seat that hinder my long
term trend following ability.
Review and Proclamation
I am so thankful for all the support and work I did at [City] Tribe - we
rock, at Ed's Reno Workshops, and my whole life. I love the now.
I acknowledge, love, and celebrate I am a World Class Renaissance Man.
I intend to trade my way as the World Class Renaissance Man I am,
appreciating all my feelings as I open to their positive intentions. I
love the richness of my life.
I proclaim 2005 is the best yet in my journey through life as a World
Class Renaissance man.
In '04 I regularly attend the [City] tribe. Together we address issues,
resolve dramas and get the feelings to flow through. I still struggle with
my '04 proclamation of healthy and disciplined eating and have no net loss
of weight after 12 months. results = intentions The hot seat awaits my
return. At the end of the year I relocate my family to ... the West Coast.
My proclamation for '05 -- EAT LESS, EXERCISE MORE, TRADE WELL
Here is my 2005 Proclamation.
I am committed to trading my tested mechanical system with $100,000.00 in
equity by April 2005, and sharing my monthly account statements with
[Name]. I am providing my account statements listing my positions and
total equity to him for a period of 5 months.
My intention is trade the North American Futures market and to follow all
signals generated by my computerized system unconditionally.
Year End Review
Here is my 2004 Year end review.
Right now, I have a computerized mechanical trading system for the Futures
Markets that does provide signals and track my open positions.
I follow the system on whether to enter or exit a market based on “End
of Day” Data provided by a well known Data service provider.
Thank you for sharing your knowledge and wisdom, I have incorporated it
into my life and it is having a significantly positive impact
My intention is now reality.
Intentions do equal results.
My 2004 proclamation is # 23 - also below.
May God Bless you Ed
Here is my proclamation for 2004.
My intention is to develop and use a computerized mechanical trading
system. The purpose of the system is to provide trading signals on
entering and exiting positions within the futures markets and to keep
track of position holdings.
This intention is congruent with my commitment to my dream snapshot of
resigning of from my role as an employee.
My intention is to use the mechanical trading system to steer me towards
right livelihood and helping others achieve financial freedom.
review, 2005 proclamation
2004 in review:
In 2004 I become more adept at experiencing the world in a benevolent and
detached manner. I experience trading gains and losses, and it all feels
OK. I am not caught up too much in the drama of it all. I have some stress
about personal finances, as starting a new business takes the toll on my
bank account that I plan for. Evidently living through drawdowns in the
market is something I am willing to experience more fully than living
through drawdowns in my bank account. No matter, it is all fodder for the
hot seat and I commit to fully experience my forms about personal finance
on the hot seat beginning about August 2004. Now, I experience my personal
finances as something to be joyfully accepting of. The positive intention
of my forms about my finances is to help me remain solvent (and to
encourage me to willingly experience what insolvency feels like). However,
I am perfectly willing to breath in (draw up) and breath out (draw down),
not only in my trading account, but in the rest of my financial life as
well. It feels good.
Also in 2004 I concentrate on developing my relationship with my young
son. He is an amazing being, and I really enjoy crafting a lifestyle that
allows me focus my attention on him and have fun playing with him. Family
makes me feel good and my intention in 2004 is to nurture those
relationships. It is successful.
Also in 2004 I realize my intention to communicate more with excellent
traders and elevate my own level of expertise. I participate in trading,
conversation, and research that makes me feel like I am nearing the top 1%
of my field in terms of general understanding and the ability to implement
the insights I gain.
Proclamation for 2005:
In addition to continuing all of the myriad personal and professional
development that I do right now, I commit to repeat the following
affirmations aloud 3 times each day for all of 2005 in order to help more
consciously focus my intention on things that I believe bring personal
growth and deep, abiding happiness:
I love and accept reality exactly as it is.
I have a beautiful life, and I love to live it.
I am open to whatever the universe brings.
I am grateful for all that each new day holds.
I have great times and wondrous experiences with my family.
I love talking to others, and I take joy in those interactions.
I treat my family with great love and respect.
I enjoy wonderful health and vitality.
I eat foods that support my good health.
My body perfectly reflects my healthy food and exercise choices.
I work at my right-livelihood with great enthusiasm.
I joyfully serve others through my trading business.
I share my excitement about my business with others.
I help others to get what they want, and I get what I want.
I also commit to fully experiencing all of my forms on the hot seat as
they come up in 2005.
Best wishes to you and yours in 2005, Ed. Thank you for being so inviting
to me and willing to help as I continue this journey of right-livelihood.
I envision another year with superb trending markets and intend to trade
intend to follow my emotional trends as best as i can and wherever they
I intend to serve my family and friends, the best tribe on earth, in
investing their funds as best as i can and i intend to spend a lot of time
I wish you, Mr. Seykota, and your family a happy, healthy and successful
I hereby announce my year 2005 resolutions! They are made up of the
1.Practice TTP regularly, make new personal development breakthroughs
(also send and receive on a daily basis)
2.Work hard (professionally manage client funds at job. Research markets
and fully develop my trading system, IT education)
3.Create and improve relationships with whom I have intensive emotional
connections (women and family)
4.Work out regularly (martial arts training)
5.Continue with my on-going commitments (smoke-free)
6.Commit to right livelihood (independent, healthy life)
7.Have fun in life and in making a killing in the markets. No Strain -
Just Flow (be willing to feel all feelings during the process)
I believe I can become anyone I wish to become! I can feel this is
Thanks and good luck to all.
End Review and Proclamations
Year End Review
2004 is a profitable year. Trading systems and Methodology is in place,
unfortunately I continue to be the weakest link in my trading. Our
daughter turned one this year, she brings us so much joy ! The ball and
chain of my need to accumulate wealth and trading success seem not as
important. Spiritual and personal development are very important.
As compared to last years proclamation (see # 8), feeling much more
confident about 2005. Determined to attend at least one of Ed's workshops.
I commit to letting go of Control, getting out of the way and let 'It'
2005 New Years Proclamation
I state my intentions in my 2004 proclamation and I now affirm that my
results in 2004 indicate that my intentions are stronger than what I am
willing to proclaim. I experience joy associated with this – and realize
that I really like the feeling of letting my results indicate my
I proclaim my intention to continue to go with the flow and allow my
results to indicate my intentions.
One way to communicate your intentions is with your results.
Ed, Wishing you the very best for Christmas and the New Year. I reviewed
last year's proclamations and felt a pleasant flutter run through my
entire body, and this was accompanied by tears welling up in my eyes. I
just know that the path the tribe members are on - is the one we were
destined to follow; that we share the same passion for our work and lives,
to achieve excellence with integrity. Thank you for showing the way. In an
effort to emulate your earlier proclamation - I too shall attempt to be
brief. Proclamation for 2005 I shall strive to remain on the same path -
to be a better human being, in a constant state of awareness of the
present, and surrounded by peace. God bless you Ed,