|
Ed
Seykota's FAQ
|
21 November 2015
Dallas, TX
|
Nov
10, 2015
Tribe Session
- Humiliation - Resurrection
Ed,
[My] Tribe met and completed two processes. In this email I
write about my process as the notes and ideas are getting too large and
I will send in another to help keep the FAQ easier to read.
I have been bothered for some time from a video I saw online.
A man loved
being humiliated publicly. As I watched, I
freaked out. I have no idea why but watching this man ‘enjoy’
being humiliated and degraded brought up feelings and fears that not
only lasted throughout the video but lingered for a few
weeks.
A few days after watching the video I googled humiliation and as I was
simply typing those feelings came flooding back. This
experience shook me. I told someone who is not part of TTP of
the video and how It affected me and how I can beat myself
up. She mentioned I may be a emotional masochist to
myself. Where I have pride in myself yet enjoy beating myself
up. Kind of like your phrase, ‘people win by
losing’. I didn’t mind the feeling I felt when I heard that
but I do not want ‘to be’ masochistic to myself and became determined
to find my answers.
I reached out to a Tribe member after a time and said I was
hot. He stated another member was also and we met a few days
later. As I prepared for the meeting I thought and felt my
feelings about this episode and what I was supposed to gain from all
this. Besides wanting to ‘fix’ my feelings about the video I
want to gain a higher level of sovereignty. If I
could do that then any video or anything else wouldn’t ‘bother’
me. I want to be independent from others to a very high
degree. Not relying on others opinions or beliefs for my
guidance or concern.
As I studied this, the synonym of sovereignty came into light as
freedom; as in being able to live freely and not constrained by others
physically or emotionally. I honestly had no idea where my
‘hotness’ was going to take me during process but I knew it would be
valuable. While talking about my issues with Tribe
member on the phone we clarified a few things and much like the man in
the video I saw myself
as unimportant and not valuable to the ones I cherish or
love. As I look back on my previous process I would do things
for some people so they would like me.
My entry points to the meeting were seeing someone humiliated publicly,
feeling unimportant to people that are important to me, unloved and
desiring to have a high degree of sovereignty. So before the
meeting I wrote out many of my thoughts and even what having a high
level of sovereignty meant to me:
That I love, respect, care for myself
Set boundaries in alignment with myself
Support others in living their sovereign life. Respect their
sovereignty.
Choosing my path, activities, goals, etc.
Knowing what is my personal property and what is not.
Owning my feelings and OK with feeling all the feelings inside
me.
I wonder what
is the feeling I don’t want to feel when I see the video, is it me I
see in the video.
It needs to
be pointed out that with all the above. I felt incredible
amounts of anger inside me. As you know I have been losing
weight and seems as I loose the fat, more issues come up that I buried
under my weight.
I have lashed out to someone special from the anger. My only
excuse was it is years of anger brewing and with it I was only now able
to feel it and experience it. I first started feeling the
anger as I would run, all of a sudden I would feel anger and rage pop
up and then it would be gone. Then later I would feel it for
much longer periods of time.
This whole process has been happening for some time and my previous TTP
process of learning to set boundaries likely was helpful in letting the
anger out since I learned to express boundaries and have actually been
setting them, I no
longer need to keep suppressing the anger from years
ago.
As I describe my story to the group and try to find my forms, I
struggle at the beginning. So much has happened and I don’t
know where to begin. In fact, I am somewhat foggy on everything as it
was very emotional. But as we started I was reminded I had
mentioned I felt unworthy and unloved at times.
Unimportant to certain people that are important to me. I
begin to feel, it feels like a round large ball of energy on my right
side. I can feel it but can’t touch it or turn to
it. I also feel it in my right shoulder and behind
me. This energy is strong and immovable.
As I started
to find forms, the feelings grew, the tears began to flow and finally
after awhile the memory came to mind. After all these years I
remember the rejection of my best friend.
A friend I met the very first day of kindergarten. Then when
we were freshmen he rejected me. Living in a very small
community two towns joined together to make one high school.
A different student ended up being very jealous of me and commenced to
manipulating everything around me. It is this student I had
did a process over a few years ago because of the
manipulation. This student actually came to me one time and
apologized to me over the things he did to me.
It wasn’t until this process did I understand that for him to feel bad
enough to apologize he likely did so many things I am unaware
of. But this process is not about him, it is the memory of my
best friend choosing to reject me. I recall how lonely I felt
walking the halls of our school. I didn’t have anyone to
express my concerns to. I looked from the outside like
everything was fine. I was friendly with everyone but I
certainly had no one to confide in either. To
complicate things, to this day we are still ‘close’ friends and he has
called me to ask if he can come hunting with me in December.
This friend would still talk to me and interact with me but was as
two-faced as they come.
My closest
friend in the world turned his back on me as a freshman and I let it
happen, and then as we went to college and on with life we became very
good friends again. I acted like it never happened and so did
he. But all these years I feel rejected and alone.
If my best friend will do that, how can I ever trust anyone?
I noticed I have a pattern. I gain a friend or a someone that
is special to me and I seem to have to cause them to reject me
somehow. I must find ways to not trust them, I must do
something do something to feel rejection which is a feeling I don’t
want to feel. I also don’t like feeling lonely so Fred forces
me to be lonely so I can feel.
As I describe my ‘best’ friend to the group, the Tribe member really
doesn’t like my friend and tries to find another way to process beside
roleplaying my friend. He suggests I feel the feeling and
find the positive intention of the feelings. I can’t do the
process this way.
We begin the role-play as my friend gets up and walks out of the room
taking other member with him and begins saying how he rejects me and
I’m alone. As soon as my friend begins to leave I mentally
know what he is doing; rejecting and leaving me alone.
I can't find
the feelings. I get up and walk into the room where they are
now and I hug him. But I hug my Tribe member and it’s not my
friend. I just can’t get find the feeling.
So my friend walks out of this room and continues to verbally reject
me. I stand in this room and try to feel. I walk to
a space just outside the room my friend is in and I feel a very
familiar space. I feel like I am on the outside looking
in. I don’t know what to do. I sit back down in my
chair and once again my friend leaves.
I now feel
the rejection and loneliness. I cry and tears come down my
face. I can finally feel rejection. I earlier
described it as a hollow feeling inside me like I am a hollow tube with
nothing inside; there was nothing there to feel. Now, I feel
it. Now, I know the positive intentions of rejection.
The feeling also no longer stays in me. I feel rejection and
then it is gone. It is like information. I feel
rejection, it registers, and I’m OK with it. We try to have a
conversation. But I realize that my friend cannot be intimate
with me. He doesn’t give a sh*t about me, only
himself. I attempt to share feelings, he doesn’t or
can’t share. I feel the rejection. I’m OK
with this. My
friend tells me he doesn’t give a sh*t about my feelings but wants to
know if he can still hunt on my property.
I’m standing 3 feet from him as I am thinking of a reply something
clicks inside me. I started to look him in the eye as he had
been looking at me very directly. I faced him and grew about
10 feet and became solid as a rock. I had found my boundary, I am
fine with rejection and loneliness. I no longer need his
friendship.
I look at him and with a few four letter words tell him he won’t be
hunting. As I stare at him with all the power I have, he
begins to look away and I become stronger. I have no need to
say anything and he says something like, I guess we are done.
I stop the action and want time to consider having empathy and forgive
him. He looks back at me and says I don’t want your
forgiveness. I felt the rejection again but it had no power,
it went through me and I was fine with it.
This part is
important. I have struggled believing that if I changed my
ways and wasn’t bothered by someones feelings like before, then I would
be callus and an unfeeling person and I didn’t want that. But
now, It is the opposite, even though I was strong and OK being rejected
I was willing to see if I could forgive.
I don’t know if I could have forgiven but I stopped and considered it
and that is one trait I wanted to keep. Many people
may think this was not a positive intimate outcome. Without a
doubt it was. I am OK if people send rejection towards
me. I can feel it and be OK with it. It is a form
of boundary setting. I know who to be vulnerable with and who
not to be. My friend cannot be intimate and that is OK, I
still care for him and his family but know in my heart we are better
doing things separately. Even
though it looks like we didn't 'work things out', we actually did.
We check out and I release my Tribe member and as he talks about the
role-play as a Tribe member he says something and I feel anger very
quickly and I look at him, and he at me. He then stops and
asks me to release him once again as He just feels something that he
doesn’t makes him feel uncomfortable. I do this and at the
same time I feel much better towards my fellow tribe member.
This was my most intense processes.
I ponder how what I went through in process is related to the reaction
I felt from the video. Likely, the humiliation was a judge
that need to fall to get from feeling humiliated by the rejection of my
friend.
I sit here and try and find those feelings that caused so much angst
when I watched the video and looked up humiliation on the
internet. I don’t have those feelings anymore.
I don’t
care. The thought of it all seems so distant in my mind
almost like it is smaller in importance to me. When I think
of the man in the video this time I don’t feel empathy, I do feel some
sympathy for what he might be feeling but I certainly don’t relate
anymore. I have my path of sovereignty and respect whatever
path he chooses, I do wonder if the man is finding his path of growth
or stuck medicating his feelings. Either way, I am OK with
the outcome.
Another thing I learned. I always associated being vulnerable
with risking feeling bad for a time if the other person didn't accept
my vulnerability. Being vulnerable allows me to be true and
open and however the person reacts tells me about our relationship and
how they value me. If I am rejected or ridiculed / humiliated
I can feel the feeling and act appropriately.
As I think of the boy who felt rejected and alone, tears come into my
eyes and fall. At the same time I smile knowing I am free and
I have sovereignty. I feel empathy as I am that boy, I also
feel joy as a man I am free. I had expressed to a friend that
I wanted to be ‘strong’ and that others opinions or comments had little
bearing on my attitude or feelings and that even without feeling poorly
myself, I maintain my love of people and desire they too find right
livelihood. I now have this.
I notice I no longer want to hunt with my friend. I cancel
the agreement to hunt.
Thank you Tribe members. You have been there and supported me
through it all as I have you. I also thank all the others
involved that won’t even read this as they are part of my growth.
Your friend, |
Thank
you for sharing your process. |
Nov
10, 2015
Tribe Report
Ed,
Thank you for your support with my workshop follow up. Thanks to those
who provide such useful comments and feedback.
I commit to:
"Work hard on my trading systems for three hours a day: See what
feelings come up. Report ... to my support team and FAQ." This starts
from Ed's comment at the workshop - approximately "Are you actually
serious about trading?"
* I average over 3 hours a day in the past three months and now average
slightly under 3 hours a day (2.979 hours) since the workshop.
* I have done a lot of optimizing and testing. I have a strategy which
I think works - I have some more work to do to make sure I have not
over-fitted. I plan some more work on this and have the things I plan
to test mapped out. I
find that many strategies documented in trading books don't work or no
longer work.
* Still to do 1. Complete strategy testing - complete documented
remaining tests. 2. Out of sample test with new data. 3. Set up data
feeds and daily runs. 4a. Paper trading. 4.b Add funding to the account
and live trade.
* I cure my back
infection with a combination of measures.
* I have some other health challenges which I describe in my
forthcoming hot seat report to FAQ. Overall the impact of these is to
strengthen my resolve and focus.
* My other projects progress well. I have people who regularly keep me
accountable - weekly monthly or longer depending on the context.
Next report 10th February 2016 - in three months. I plan to continue my
reports at this frequency until I have either started trading futures
or I have given up.
Regards, |
Thank
you for sharing your process. |
Nov 9,
2015
Weight-Loss
Report
Ed,
This week was tough. I got off of my plan to not eat anything after
10:00pm when I get off work except to drink water.
I had been skipping breakfast but I have been eating that meal each day
this week. On Monday night, I ate a hamburger, fries, a soda and ice
cream. I was angry because I had a disagreement with some one at work.
The feeling I had during and after the argument was like a stomachache.
I noticed while I was
eating this junk food the feeling still persisted. I felt like I had to
be right. However, I got back on my plan on Tuesday. Then I got off of
it on Wednesday night.
After, I got off work I went to a Mexican food place and ordered a
chicken taco salad. I had the same feeling of anger and had a “twisted”
feeling in my stomach. As I ate the salad and was a
little over half done I noticed the feeling persisted and decided to
throw away the rest of the salad and concentrate on the feeling.
I drank some water after that and later on the feeling eventually went
away. I had similar feelings like this after work for the rest of the
week. Sometimes the feelings were very strong but eventually they would
subside. Each night I would drink water after work to make sure I was
hydrated.
After those two episodes, I didn’t get off my plan. At the end of the
week, I was still down to a
loss of 2.8 lbs. to 343.2 from the previous week.
I am having more energy and have noticed improved digestion. I also
notice that these
feels come from my need to be perfect.
When I feel these feelings I remember when my
mother would play me off against my brother. I remember a time when my
mother was holding a picture of my brother and admiring it. She would
tell me how wonderful it looked. I would become angry and she would see
my agitation but still keep smiling at me. I felt I always
needed to be the “perfect” son.
|
Thank
you for sharing your process. |
Nov 6,
2015
Wants a
Recommendation for a System
Mr. Seykota,
I read with interest about your experience on Trend-Following technique
and I am still practicing in paper money but I'd like to have your
guidance in terms of best practice in this technique and your
recommendation for a particular trend following system.
Sincerely, |
Thank
you for sharing your process.
You might consider system trading as an exercise in staying in
relationship with an entity that delivers changes in your equity, both
up and down.
I do not recommend particular systems or potential wives - since you
have to make your own determination about compatibility.
You might consider taking you feelings about <wanting someone
else to tell you what to do> to Tribe. |
Nov 6,
2015
Wants to
Learn to Code in Excel
Hi Ed.
Hope you are doing great.
I have two systems that I'd like to code in Excel. I have zero coding
knowledge. I was looking around on web & found this e book.
Have you ever read this book? If so, do you recommend it? If not, can
you point me in the right direction please?
Thanks Ed. |
Thank
you for sharing your process.
I do not know the book and I do not endorse commercial products.
Per pointing you in a direction, you might consider working through the
book for a while to find out how it works for you. |
Nov 5,
2015
Building
Rapport - I and U Sentences
Hi Ed,
I notice I often have strong feelings, urges, and judgements that arise
within myself when in communication with others. I notice sharing my
feelings improves a connection and helps towards building intimacy and
developing and maintaining rapport and amicable relations. I notice how
that sharing my feelings usually begin sentences with “I”.
I notice this seems to be an improvement on my earlier, stunted, and
fruitless communication responses, usually beginning with the “You” and
fall into the category of: blaming, accusing, begging,
ordering, requesting, shouting. I notice that the minute a “you” comes
out my mouth, any connection is lost, the rapport broken and the
shutters come down.
I notice that even when I share my feelings, my counterpart is often
not interested in receiving them and that my feelings are ignored,
trampled on or discarded and that when this happens, I get really
heated as I have exposed myself emotionally.
I believe the positive intension of this, can be a message to move on,
towards new, more intimate and fulfilling relationships, however, with
more permanently relationships, such as in family and business, this is
not easily possible or desirable.
I struggle with this, not insignificant, issue for a long
time.
I accept that intensions = result or structure = behaviour so
these results must be the intention of my process.
So I look within, at myself and my process.
I come the realisation that I perhaps do not receive enough. I notice
that pure receiving is required in order to make a connection and
establish rapport in the first instance.
I recall first finding out about TTP and thinking it was amazing and
just the tool I needed to build positive and intimate relationships. I
recall thinking that receiving the feelings of others was the easiest
part.
I am now of the opinion that pure, selfless, receiving, is actually by
far the most difficult part.
I find it extremely difficult to find the time to receive. I find that
when I want to receive, my counterpart is not willing. I find that I am
always rushing around and do not have enough time, are always about to
be late for something or I am simply too tired and exhausted.
I find that when this happens, I recall attempts to speed up and hurry
along the process along by putting words in my connection’s mouth or
helping them to get to the point, which I notice is my forcing control
upon the process. I notice this seems to create drama and break any
emotional connection completely.
I now intend to work on being a better receiver, receiving without
judgement and without re-acting to any of my own emotional responses.
I wonder
about your thoughts on navigating the obstacles of everyday life, such
when one needs to, leave, to get to work on time, but your child
chooses that particular moment to tell you about something general that
happened at school?
I recall
attempting to share a need to get to work on time and not wanting to be
late and this seemed to be ignored? I recall this sort of incident
leading to extensive drama. I wonder how one might better handle this
sort of situation?
I experience
some confusion on the process for building and maintaining intimate
relations.
In order to
establish a connection, does one need to receive feelings first before
one shares one’s own feelings?
I also wonder
when it is appropriate to share one’s feelings? Does one need to test
for willingness to receive feelings before actually sharing them?
I think I need to work on selflessly receiving, and that I need to make
time for this.
I am interested to hear your thoughts.
In trying to use TTP with my family, although I believe my intension is
positive, in using the tool, I feel like I have meddled with some very
important machinery that I don’t know enough about and I am possibly
braking something.
I feel like I am causing a meltdown in a nuclear power plant.
Warm regards, |
Thank
you for sharing your process and for raising these issues.
You: (looking at your watch and heading for the door)
Child: I want to tell you about something happening at school.
You: Thank you for asking me to listen to your happening at school. I
like listening to your stories, especially when they include your
feelings.
Since I have to keep an agreement to arrive at work on time, I cannot
hear your entire story right now. I wonder if I can hear the
whole story, first thing, when I return home.
Child: OK, I guess so.
You: Thank you for supporting me in keeping my agreement to arrive on
schedule. I have an agreement with you, now, too; I agree to
listen to your story, first thing, when I return.
Child: Thanks, Dad. |
Nov 4,
2015
Fingers Open
/ Fingers Together
Hi Ed,
My son decided to take up swimming (which I did not push
for).
As a former swimmer we were taught fingers closed. The new
technique is open fingers which I agree with but not sure the only
reason is larger surface area.
My reasoning closed fingers activate forearm, and stroke turnover would
be slower which would lead to less power generated. I would
like to hear your thoughts on the subject.
|
Thank
you for raising this issue.
You might notice that the solution to this problem may depend on the
Reynolds Number (inertial force / viscous force).
This number changes with the velocity of the hand through the water - so you might
get a different answer for high-speed vs. low-speed swimming - and for
hands of various sizes.
You might help settle this matter by running trials with actual swimmers..
You might also consider the energy-dissipating effects of turbulence
for R > 10^4.
You might also consider the effect of cupping your hand vs.
holding it flat or back-bending your fingers.
|
Nov 4,
2015
Cryptotechnology
vs Govopoly
Dear Ed
Time whips by like the wind. The year was 1997, but it seems only
yesterday I spent the day with you, your student, and your children at
your home in Incline Village.
Govopoly makes great points. The world needs more people like you to
help wake up the masses. That said, having been at the forefront of
major transformations such as computer security making it onto the
front page of the New York times under my alias at age 14, influencing
the transition from the arpanet pre-1990 to the internet circa 1990 and
more recently in cryptotechnologies, bitcoin being the first since
2009, cryptotech is the first technology in the history of humanity
that can decentralize power structures, ie, governments and
corporations. Governments printing currency to fund their wars will be
a thing of the past within a generation as cryptotechnologies are
viral, decentralized entities with exponential growth. For example,
ethereum stands to decentralize corporations... in time.
At no other time in history have so many smart minds joined the
cryptotechnology frontier - luminaries such as the Google guys,
Netscape creator and pioneer Marc Andreessen, the Winklevoss twins, and
a significant portion of Silicon Valley.
A friend of mine who is monitored closely by the UK (and probably
other) governments (police states are everywhere when it comes to this
stuff), has Richard Branson courting him for a share in his technology.
My friend hopes to do for cryptotechnology what Bill Gates did for the
personal computer. The decentralized, viral nature of cryptotech will
potentially spur a revolution across most all industries that will make
the internet look like "one small step for man" compared to cryptotech
which will be "one giant step for mankind".
Governments are ambivalent about cryptotechnologies, bitcoin being the
most recognized. Some see its massive evolutionary potential. Others
see it as a total threat. But it's decentralized, viral technology so
will be hard for governments to stand in its way, short of blocking the
whole internet. As one of many examples, even though file sharing site
Napster lost the battle, for every equivalent file sharing site shut
down, ten others spring up like mushrooms across the cyberlandscape.,
thus peer-to-peer file sharing has completely won the war.
Indeed, the dark economy is now valued at over $12 trillion, just a few
trillion shy of the US GDP. "Dark" simply means non-regulated, of which
much of what is transacted is actually legal, thus growing at a faster
rate than any country's GDP growth rate.
The third world implications of cryptotech are vast. For example, while
50% of the world does not yet have a bank account, cryptotechnologies
such as bitcoin are enabling the world's unbanked to be able to
transact without a bank account and send money back to their relatives
in the third world at less than 1/100 the normal wire fees (typically 8
cents) because so much of the world now owns a mobile phone.
And LBRY.io will do for publishing of music/art/books what bitcoin is
doing for banks via its blockchain technology to which institutions are
finally waking up.
Namaste. |
Thank
you for sharing your insights.
Per Bitcoin supplanting the U.S. Dollar, you might notice you have to
use U. S. Dollars to pay U.S. Income Taxes; please let me know, right
away, about the U. S. Treasury accepting
Bitcoin - without having to convert to U.S. Dollars - so I can revise
my thinking on this.
Also, Bitcoin and other "independent" communication platforms
tend to work
best for people who enjoy mobility and have access to their personal codes.
For example, I wonder what you propose to do in case aiding or abetting
trading in Bitcoin wind up eliciting charges of micro-aggression or
even subversion.
To "back-test" this scenario, you might consider trying to send Bitcoin
with your hands
behind your back, in handcuffs.
You might consider taking your feelings about <fighting
oppressors> and <building rapport in your
community> to Tribe
|
Nov 3,
2015
Not so Dandy
Mr. Seykota,
Its quite funny how the unemployment figure makes everything look all
fine and dandy as if the economy is improving.
http://data.bls.gov/timeseries/LNS14000000
that is until one looks at the labor participation rate which has been
declining for the entire "recovery"
https://research.stlouisfed.org/fred2/
series/CIVPART
Then to top things off with something I observed from your 2015 Aug
2015 10-20 FAQS, Total Manufacturing Employees are almost at 1940
levels !!!
https://research.stlouisfed.org/fred2/
series/MANEMP
That last statistic is extremely troubling seeing that our U.S
population has roughly doubled since the 1940s.....
Hope you are having a great day, |
Thank
you for sharing your insights and links.
As the Govopoly System assimilates the Free-Competition Sector, it
destroys the economy and eventually itself as well.
Recently, we have lots of fiat money going to support high wages for
government employees and otherwise pooling in Wall Street, as some
companies use near-zero rates to buy in their own stock and lever up.
Meanwhile Main Street does not yet see the point of borrowing to expand
actual business activity and prefers to reduce debt exposure.
Fiat money entrains moral hazard and high volatility, including large
boom and bust cycles.
Recall, pre-1913, pre-Fed, pre-Income-Tax, the US economy generates the
greatest increase in standard of living, ever.
Now, in the 39th Day of assimilation, we might expect prices eventually
to work their way higher as they discount the increasing supply of fiat
money. Meanwhile we might also expect a continuation of the
decline in the standard of living and substantial price bubble cycles. |
Nov 3,
2105
Arrows - on
Chartbook
Hi Ed,
lastly as it relates to the Actual Long Only Trend Following System on
your website, I wanted to ask what the arrows on some of the charts
indicate. Is it correct to assume the arrows are near a price where the
system is going long? Thank you. |
Thank
you for raising this issue.
Arrows represent entry points; green lines represent entry stops; red
lines indicate protective stops.
The charts appear for educational purposes only as an example of a
trading system; if you follow along for a while, you can see many
whipsaw losses and an occasional winner.
I make no claims that this or any other system generates consistent
profits or even fits your psychology. |
Nov 3,
2015
Wants to
Scalp Forex
Ed,
Thank you for getting back to me.
What I would like to accomplish is having a much better grasp on making
profitable trades in forex scalping (wanting
to eventually take longer term trades).
I am 51 y.o., have been trading forex for several years with a small
account without really making much progress.
In most cases I makes 1 step forward and then a few steps
back over and over by scalping.
I am reading as many books as I can while searching the web for any
glint of knowledge on forex trading.
I am trading less and mainly watching for divergence on MACD against 1
hour or less candlesticks.
Can the $1000 (for one hour) be charged to a Visa card? |
Thank
you for your offer to employ me to teach you how to scalp forex.
How about I do it for free, right here and now; the best move = stop
scalping.
If and when "eventually" shows up for you, I might can help you with a
longer-term approach.
|
Nov 3,
2015
Breeding Stock
Dear Ed,
Your insightful reply of 27th Oct:
"For
example, I wonder what you still want to say to the woman who
propositions you as breeding stock."
made me instantly realize what I wanted to convey to that woman: Get
Lost, F O !
Thank you once again.
|
Thank
you for sharing your process. |
Nov 3,
2015
Horse
Training - Video
Ed,
You might like this video of a horse trainer. |
Thank
you for sending me the link. |
Nov 2,
2015
Novice
Programmer
Mr. Seykota,
I want to begin the fruitful journey of learning computer programming
for I can integrate it into my trading. As of now, I am a relative
novice to the computer programming area. Is there a programming
language that you would recommend I learn first ?
Thank you for your time |
Thank
you for raising this issue.
You might first consider defining what you want to accomplish. |
Nov 2,
2015
Important to
Say
Ed,
It is important so say that you have to have small positions on to get
it to work, so your exitsignal is also your stoploss. That is also
cutting losses. |
Thank
you for saying it.
I surmise you refer to a previous posting.
You might consider referencing the previous item to assist readers in
following the thread. |
Nov 1,
2015
Wants a Review
Ed,
I've been reading your Trading Tribe FAQ for years. I have your book
The Trading Tribe. That's really a great book! My girlfriend (not a
trader) found it very useful. You have been very helpful for my trading
and my life.
I have written a short ebook on investing: [Name] It is only 40 pages
(without appendices) and it has been proofread (I'm French). I got
positive feedbacks for my ebook, otherwise I would not have dared to
contact you.
I remember that you said somewhere that a «trading system should be
simple enough to be explained on the back of a napkin». This is the
case for [name], which is a very simple investing strategy designed for
everyone.
Actually, it is one of the simplest investing strategy possible.
Chances are that you already know this investing strategy. [Name] is
simpler than [Other Book].
I would be very grateful if you could have a quick look at my
ebook.
If you think it might have some value, would you mind sending me a
short review?
Please find my ebook attached. My website is not online yet.
Thanks!
Regards, |
Thank
you for reaching out to me for a review of your book.
FAQ does not promote or endorse commercial products; not does it carry
advertising or trade links with other sites.
|
Nov 1,
2015
Puzzle
Ed,
Per the text msg you send me with your preference to correspond via
email.
The more I think about it the more it seems to me that a trend
following system (that tells you what, when and how much to
buy/sell) does not account for all your success. I
get the feeling there are pieces
of the puzzle I am missing.
I notice while writing this email I feel discomfort. Part of
me does not want to inquire and feels I should figure it out on my own
the other part wants to ask a bunch of questions.
During my time at the Merc I met a trader who noticed I my interest in
the markets and started sharing his knowledge with me.
I remember having a thirst to learn everything I could. One
day I saw him tear up his paper charts and throw them in the trash. I picked them up and tried
piecing them together but I was unable to make sense of
his markings and notations.
Later I saw him and presented the torn papers...he immediately turned
angry...I shut down.
For some time I could not understand why something I saw as innocent
and inquisitive he saw as threatening and dangerous.
At 23 my naivety was high. This experience colors my
judgement. I see you in the same light as this trader from
years ago, someone who I want to learn from, but I have so much fear I
will do something to alienate you like my experience with the trader at
the Merc. I also have some fear if I do that it may
negatively affect my relationship with [Mutual Friend] whose trust and
friendship I value.
I remember reading and hearing about times a trader will bet more or
less than his system dictates based off a pattern he sees or feels. I'm
curious if you can talk more about this idea and other pieces to the puzzle
I may not know yet.
Thank you.
|
Thank
you for sharing your process.
The word, puzzle, refers to a game, problem or toy that tests your
ingenuity of knowledge.
In 1760 John Spilsbury, British cartographer, mounts a map on a sheet
of wood, cuts out the individual countries, and makes a puzzle
to help teach geography.
I sense you like to make people, such as your trader and,
lately, me,
into puzzles.
You might consider taking your feelings about making puzzles to Tribe.
|
Nov 1,
2015
Doom Loop
Ed,
You might like this article by David Stockman - it fits with your
Govopoly theory.
Link
|
Thank
you for sharing this link.
I wonder how you feel about his notion that the Fed QE programs have
little effect on household borrowing - and that the credit emissions
wind up pooling in Wall Street to support stock buybacks.
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