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Ed
Seykota's FAQ
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August 10, 2016
Happy B'Day
Dear Sir,
Belated Happy b'day, "God bless you" ! have a gr8 year ahead !!
Regards,
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Thank you for sending me your wishes.
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August 10, 2016
Raising Teenage Boys
Hi Ed,
Happy belated birthday! Hope all is well with you. Are you still in PR?
I
was thinking about you recently as I was going through some old video
tape and found some footage of [your daughter] from when we visited
your place at Incline. She must be around 6 or 7 and so
cute. I'll get that to you when I finish the project.
We are all doing well, save for some feelings of incompetence raising two teenage boys!
Let me know if you are ever in The SF Bay Area so we can have you for dinner.
Take care,
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Thank you for sending me your wishes.
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August 10, 2016
Wants a Tribe in Philadelphia
Dear Mr Seykota
I hope this finds you well. I was re introduced to you (first time was reading Dr Schwagers books) and visited your site.
I would like to join a TTP group in Philadelphia...do you know if there is one? If not, can I go about starting one?
Thanks
for providing these insights for all to consume. I think you're
absolutely right about the impact of hidden intentions and feelings on
our lives. I can see how my own issues have impacted my trading and I
would like to explore these things more deeply under the TTP framework.
Thanks again.
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Yes, you may form your own Tribe.
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August 8, 2016
Trading Bug
Mr Seykota,
I would like to thank you for this opportunity.
Being able to possibly correspond with a legendary trader is a true example of giving back to the trading community.
I was under the impression that the Trading Tribe was exclusive to its title.
But
the Tribe is so much more. It shouldn't surprise me that something you
created would be unconventional, creative and so relevant.
I
am middle aged. I got the trading bug a little late but I think my
experience and insight from this forum will certainly put me in the
right direction. Thanks again.
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Thank you for sharing your process.
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August 8, 2016
Tape Face
Ed,
He seems to say a lot without saying a lot.
http://biggeekdad.com/2016/07/ tape-face-is-speechless
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Thank you for sending me the link.
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August 8, 2016
Use of Name
Dear Ed,
As I read your answer to my post from July 10, 2016 (TT Format) I feel bewildered and surprised.
I
would rather like to know what you prefer me to do, or how would you
feel about me using you as a reference. In other words: I miss you as a
subject of the answer. Furthermore, you do not mention a lot of things
that I also may do: bake a cake, fish in Alaska, take a nap, greet you
for your birthday and write an email to you with a winking eye.
Un gran abrazo!
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I
support you using my name as reference, not as a recommendation or
endorsement of you, your work, your products or services.
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August 7, 2016
Bold
Chief,
Thank you for raising the old bold trader issue.
I start to feel this might not be the best name for my firm. But I have already register it.
Investor might misunderstand my trading style is putting big position and gamble.
The
boldness principle I want to follow has actually broader meaning, it
comprises many aspects, e.g. the boldness to take the pain of realizing
loss when a trade is not working, the boldness to jump in to a trend
when it’s already 200 day’s high, the boldness to give back large open
profit to sit tight on the trend as long as valid for system, and the
boldness to accept the pain of missing a big opportunity by refusing
putting on a big bet and stick to the risk manage rules, the boldness
of doing nothing to stick to the system, or the boldness of not being
bold.
When applying to life and relationship, it’s the
boldness to apologize when find out I am wrong, and the boldness to
willingly lose argument to gain the heart, the boldness to accept the
loss to help somebody who will never pay me back, the boldness to take
loss when there’s financial interest conflict with somebody I care, the
boldness to be loyal to the spouse no matter how she whipsaws me, and
the boldness to say no to the temptation for long term right
livelihood.
It’s simply what we do in the tribe.
I feel a little self imposed trouble for I have to explain to client what I really mean. I want to see how it unfolds.
Thanks,
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Thank you for sharing your process and insights.
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August 7, 2016
Relax
Happy Birthday Ed!
Hope you have a relaxing day.
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Thank you.
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August 7, 2016
Naked in London
Happy Birthday Ed –
I hope this email finds you well and you have many more to come.
How is [your daughter]? I would think she’s finished university and is building a life for herself.
Are you still in Puerto Rico? If so, is Zika as prevalent as the media reports or is it largely scare tactics?
I hope your trading/investing is going well.
I’m
living in London – I do love this city, however I feel naked not being
able to carry concealed – before I left the US I had a NH resident
permit and a Virginia non-resident permit – those covered the vast
majority of the country. I’m deciding whether to start my own company
here (or in the US) or continue to be a mercenary for other firms. I’ll
have the situation fleshed out within the next five months.
If
you’re ever in London please let me know – it would be great to see you
again. I’ll do the same if I’m ever in your neck of the woods.
There’s
not a day that goes by that I’m not overwhelmingly grateful to you.
Your acts of kindness, so many years ago, had a domino effect on my
life – I live a great life and have lived in such beautiful places
around the world – all because you extended your helping hand of
friendship to me – it’s a debt I can never repay – thank you so much
Ed.
Warm regards,
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Thank you for sending me your wishes and an update on your situation.
Per Zika:
I recall biting a few mosquitos to find out what happens to them - so
far they still seem fine, maybe a little angry.
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August 7, 2016
Happy 70
Ed,
Happy 70th!
Thank you for all your good work, and for freely sharing your wisdom. And a Happy Birthday to you.
Best,
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Thank you for sending me your wishes and for acknowledging the work.
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August 7, 2016
Abundance
Ed,
This is to wish you a very happy and wonderful 70th! May God continue to bless you abundantly.
Live Fully Deliberately and Purposefully.
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Thank you for sending me your wishes for a bun dance.
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August 7, 2016
Turn Your Radio On
Hi Ed,
I hope you're doing well.
Have a great birthday.
Please consider coming on the radio show - I'd love to have you as a guest.
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Thank you for sending me your wishes and invitation.
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August 7, 2016
Avid in London
Ed,
...from an avid reader of FAQ, enjoy your birthday.
Best wishes,
London.
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Thank you for sending me your wishes.
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August
7, 2016
Greetings from Canada
Happy Birthday Ed.
We hope your day is full of family, laughter and good
friends! Sorry we couldn't make it. Love,
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Thank you for your wishes and for sending me the picture.
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August
7, 2016
Isla Verde,
San Juan, Puerto Rico
Hi Ed,
Happy birthday!
Are you still living in Isla Verde?
All the best,
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Thank
you for sending me your wishes. Yes, I still reside in Isla
Verde.
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August
7, 2016
Greetings
from China
Dear Ed,
It is just like yesterday when I first read Market Wizard in library in
1994. Life is so short, if God give you another 70 years you can do a
lot of things and help more people, anyway, I wish you long live in
this world and hope more people join your birthday party when you are
80. I want to say again.
Thanks for the Internet inventor that I am able to have the chance to
encounter your website. Also, I want this ... to be your birthday
present, please accept that. I hope you don't feel I measure present as
money, I know you need nothing. Your FAQ is priceless for me. Your
thought is clear, steady and no doubt that inspire me a lot in my
trading and my life.
I have over two years not being able to connect your website because
China government restrain most of the overseas's servers for their
political need.
Sometimes [Name] download your FAQ to send to me. Your actual
trading part in TT CHART helps me a lot, Thank you. (my trading result,
8% in 2015, 31% in 2016)
This two years I have some healthy problems (high blood pressure and
heart problem), so my back testing process become very slow. Last year
when you invite me and [Name] to your place for system developing, I am
very happy and don't want to lose the opportunity. But I am hesitate for
my healthy problem.
I am upset at that time and I am sorry for not answering you. Now I am
little better, if you feel good and want to visit China, it is still
welcome.
HAPPY BIRTHDAY TO YOU
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Thank
you for the gift and for sending me your wishes.
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August
7, 2016
Greetings
Happy birthday, Ed !
From my heart, all the best to you, for your projects, intentions,
desires, hopes ...
Thank you for your never ending inspiration to pursue what I've learned
to appreciate and value as essential in my life: freedom and growing by
helping others to grow.
A hug,
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Thank
you for sending me your wishes.
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August
6, 2016
Birthday
Wishes from Germany
Dear Ed,
please receive my best wishes for your birthday.
The texts on your website as well as your interviews inspire me very
much.
I
admire your talents in so many fields like markets, music, programming,
engineering (system and fluid dynamics), feelings etc.
Most of all I like that you share so much with others. I hope I am able
to read much more from you in the years to come.
greetings from Germany,
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Thank
you for sending me your wishes and acknowledgment of the work.
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August
6, 2016
Advance Wishes
Hi Ed
Happy
birthday in advance. Hope you have a wonderful time. You have made a
huge difference in my life both as a trader and personally.
Already had travel plans this weekend so am sorry to miss your birthday
celebration.
Best Wishes
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Thank
you for extending your wishes to me and for acknowledging the work.
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August
6, 2016
Tribe
Application - The Soul Mate Within
Ed,
1. Progress this Year:
This
past year I struggle with the issues surrounding my inability to have a
mutually supportive and loving relationship with a woman.
I historically attract control-centric relationships in which the woman
winds up invalidating me.
I give up several control-centric response patterns and begin employing
the Heart Rock.
I
read a lot of books on relationships, get on the hot seat several times
and also consult privately with many friends - including many with
solid marriages. Still, I don't quite seem to get it.
I also see how, as a child, I lock my feelings in a strongbox so that I
don't accidentally express them and risk reprisals.
Then,
a while ago, one of my friends and a Tribe member suggests that I might
consider practicing having a good relationship with a soul
mate -
by having a good relationship with myself.
Thus, I might find the the path to the soul mate I seek by looking
inside.
I
do this and start treating myself better. I stop doing things to skimp
and save and start doing things that I like to do. I start
enjoying my own company.
Big surprise, this actually works!
Since
then, I notice I now have both men and women in my life who care about
me and who support me in growing stronger and in feeling good.
Huge change. Thank you, Tribe.
2. Current Issues:
I would like to continue enjoying my life and sharing it with
supportive and loving friends.
I would also like to continue with further automation of my trading
system.
3. Agreements:
I agree to send a report to FAQ within one week and again within one
month of the upcoming Tribe meeting.
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Thank
you for sending me your application and for complying with the
requirements for participation.
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August
6, 2016
Tribe
Application - Clutter and Temper
Hi Ed,
(1)
I make progress this last year in removing clutter from my life.
Clutter in terms of things that stand between me and getting what I
want. There’s physical clutter, digital (email) clutter, emotional
clutter. I notice an increase in connection with my family, friends,
and wealth as clutter decreases in my life.
(2)
My current issues are blind spots that I am not sure what they even
are. I notice that I seem to wear my feelings on my sleeves in that I
am almost hyper sensitive. I notice that I get angry really fast and am
quick to confront people, including those whom I love most. Usually I
can stick with the feelings and receive a positive outcome. There are
times, though, where I notice my feelings are really HOT and something
seemingly small can really get me angry. I notice the strongest
feelings come up when I perceive a lack of appreciation, and I
acknowledge that I am in the control mode when this happens. I have a
recent example involving my son’s shoe lace.
(3)
I agree to participate fully in the Tribe meeting, support others in
their process, and report to FAQ after one week and after one month.
Best,
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Thank
you for sending me your application and for complying with the
requirements for participation.
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August
5, 2016
UK Tribes
Good morning,
Are there any tribes in UK?
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Thank
you for raising this issue.
Tribes, by design, appear, serve their function and then disappear into
the fabric of the lives of the participants.
Tribes, by design, and unlike government agencies, do not have
self-preservation instincts.
Tribes, by design, operate more like egg shells. They serve as an
interim container during a rapid growth process.
Occasionally,
a Tribe registers with the Tribe Directory page. Few of them
subsequently de-list so the Tribe Directory generally contains stale
listings.
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August
4, 2016
Bold Move
Hi Chief,
I register my CTA business as “Boldness Technologies LLC”.
I like the quote, “Boldness has genius, magic and power in it.”
For
successful trading and relationships, I need some boldness, also need
technologies to follow the trend and manage risks. That’s my
understanding for now. |-)
I need more hot seat to work on my boldness.
Or simply put, to have the boldness to follow the trend, and have the
technologies to manage risks.
Thanks,
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Thank
you for sharing your process.
You can find lots of bold traders. You can find
lots of old traders. You can't find many old bold traders.
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August
2, 2016
Drumming Up a
Tribe
Hi Ed,
We are now three in our new Portland Tribe and counting.
If
any Tribe members from another city happen to be visiting Portland this
summer or fall we would enjoy meeting them and if it worked out for all
involved perhaps even an initial Tribe meeting.
An experienced Tribe member willing to provide us with some early
guidance would be more than welcome.
It's time I think to make a visit to the local drum store.
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Thank
you for sharing your process and your flow chart.
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August
2, 2016
Sailing in a
Foreign Language
Hi Ed,
Happy Birthday.
I
crew on a boat racing around long island last weekend. The
conditions range from very stiff breeze to near doldrums.
Aside
from me the crew is entirely Russian and close to 100% of the talk in a
language I don't speak. This sets the stage for all sorts of
new
'stuff' to emerge and I experience pretty massive feelings volatility.
It's
days passed and I still am assimilating it all. The big one
was
my deep frustration with headings and the ability of the crew to keep
on course. I mire my self in thinking I can do so much
better,
and that they are unaware of how critical driving a straight line
is. And I go pretty deep here. Now that I reflect
on it I
think this serves nothing, and that the source of frustration likely
stems from my own lack of defined way points. I'm a bit
adrift in
things right now, not really sure where to go or what to do.
I
also experience the joy of building relationships using glances, eye
contact and teamwork as the primary medium of communication, and the
feeling of accomplishment in the finish.
At one point I
wanted to jump off the boat, now I am just grateful to have the
opportunity to experience all that in a compressed time frame.
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Thank
you for sharing your process and your awareness.
You
might consider taking your feelings of <frustration>,
<joy> and <gratitude> to Tribe as
entry points.
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August
2, 2016
More on: (x^2
+ y^2 - 1)^3 = x^2 * y^3
Ed, a pleasant surprise. You're kind & patient. Thank you ...

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(x^2 + y^2 - 1)^3 = x^2 * y^3
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Thank
you for sending me the trace.
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August
2, 2016
Austin Tribe
Application -
Putting it
Off and Taking it Off
Dear Ed,
This is my re-application for the Austin Trading Tribe for Aug 6th, 2016
My TT experience is over a year with the Sacramento CA Trading
Tribe. I participate in multiple hot seats (including one
lead by
you in San Francisco) and assist other Tribe members with their
issues/hot seats. I recall a history of reporting my progress
and
interpretations of Tribe Meetings to FAQs.
I recall the intensity of feelings while being on the hot seat and how
it can be transformational for Tribe members present and those reading
FAQs. I recall the difficulty I experience relating those
feelings with inadequate words. I am willing to commit to
sending
a report to FAQs after one week and again in one month after attending
the Austin Tribe meeting.
My current and long standing issues are procrastination, feelings of
inadequacy, feeling overwhelmed, trying to take care of everyone else
except myself.
1. Health: I need to lose weight as at high risk for a fatty
liver and cancer due to embarrassing morbid obesity. My
specific
measurable goals are 90# of fat loss over a years time plus
tone
muscles particularly stomach (decrease 8 inches) and upper arms
decrease (2 inches each), increase flexibility by being able to touch
my head to my knee while sitting on the floor. This is an
area I
am embarrassed to admit I am a health professional who is not loving
herself enough to care for my body by exercising and do the work to get
to my goal. I have periodic feelings of inadequacy, stress,
sadness that I stuff by stuffing myself. I repeat the pattern
of
starting with good intentions, making progress and get to a specific
weight where I become excessively nervous about being below. And then
rebound back up.
2. Romantic: I desire a communicative, honest,
intelligent
romantic partner. I desire a loving, supportive
relationship. But I feel my weight is preventing anyone from
physically and emotionally getting close to me.
3. Financial: I am in better situation than last
year. I
have debts to government institutions I need to pay off before I can
retire. I feel very unstable financially.
I am not currently in a Trading Tribe.
Progress made this last year is:
1. Move to [City] in Nov 2015
2. Increase my income by 50%.
3. Increase activity in my artistic talents.
4. Stabilize my living situation.
5. Help my father make his home safer allowing him to continue to live
at home at age 91. Develop a more loving relationship with my
father.
6. Build a wheelchair ramp for my mother so she can get in and out of
her home without climbing steep steps (decreasing her pain experienced
daily) Spend 10 days with her on relocation trip to Austin.
7. Begin to date again and actively looking to develop a close
romantic relationship.
8. Continue to eat 85% to 100% vegetarian daily.
Thank you Ed for helping me identify my focus for the coming year
by extending the invitation to apply.
Sincerely
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Thank
you for sending me your application and for meeting the requirements
for participation. |
August
1, 2016
Austin Tribe
Meeting Application -
Family Matters
Ed,
I am applying to attend the trading tribe in Saturday.
1. This last year is a learning experience. I
re-experience
many issues from my childhood as I return to my hometown to assist the
"family business". I piece together emotional pieces I block
out
as a child and pay a price to get re-educated into the "games people
play". I feel exhilarated and positive about the ways the
businesses have made a turn around. I feel frustration and
anger
as I interact with my father and sister who are both addicted to
opiates. I become acutely aware of being in an emotional
prison
my entire life...a slave of sorts. I'm making plans to be
free of
this drama permanently.
2. My current issues are feelings of anxiety, fear and
uncertainty as I plan to transition into the investment
community. I medicate with food fairly consistently and I
want to
reverse that pattern and drop 50-60lbs by the 1st of the year.
3. I agree to post to FAQ after 1 week and after 1 month.
Regards,
|
Thank
you for sending me your application and for meeting the requirements
for participation. |
Aug 1,
2016
Austin Tribe
Meeting Application -
Skinny and
Sober
Dear Ed,
I want to wish you a Happy 70th Birthday. I hope to attend
the
Trading Meeting on August 6th and your Birthday party on the
7th. I attended a workshop plus I believe right at
6 Tribe
meetings. I sat on the hot seat at least twice, but I think I
did
more than that.
My progress has been slower without a Tribe to attend, however I have
come to deal with some of my emotional issues. I have a much better
understanding and appreciation how my emotion drives my life and
thinking.
My food addiction seriously slowed my progress in all areas of my life.
I became nearly disabled in summer 2014 due to hip and back issues
caused by my weight. When I decided to have the weight loss
surgery, I spent a year dealing with the emotional upheaval of giving
up my food addiction. Finally, the surgery happened on July
5th.
I believe that this decision for the surgery along with my getting
sober became one of the best decisions I have ever made in my life.
My efforts to start a Trading Tribe have met with no success.
My
lack of work as a Process Manager feels insufficient for running a
tribe. I hope to try again very soon. I have two
people who
show interest in forming a tribe with me and learning the
TTP. I
hope that with this Tribe meeting I will be refreshed on the processes,
so we can move forward with starting a tribe.
The issues I wish to address at TT include my lack of confidence in
general and especially in myself when it comes raising funds to trade,
feeling worthy of success especially financial, and basing my opinion
of myself on what others think of me. I grew up with a loving
but
very distant Father whose opinion decided the direction of our family
without question.
I have a gut feeling that this impacted my emotional constraints on the
issues that I wish to address. I am particularly concerned about
reaching the goal of wanting to experience my emotions instead of
allowing them to run the show.
I will follow up on my Trading Tribe experience by sending a report to
FAQ after one week and one month. I realize how valuable
following up is after my last exit from the Austin Tribe. I hope to see
you soon.
Sincerely,
|
Thank
you for sending me your application and for meeting the requirements
for participation. |
Aug 1,
2016
Tribe
Application
Dear Ed,
I want to participate in the upcoming Tribe meeting. My
personal
growth in the past year has been consistent and continuous, and I want
to bring that growth to Tribe, both to share the benefits with my
fellow Tribe members and to do further work on the issues I confront at
this time.
In the past year I have attended three Holotropic Breathwork sessions,
a Tribe meeting, a week-long personal growth retreat, and written to
FAQ as well as reading the contributions of others. I
continue to
address professional issues related to a transition away from the
office psychotherapy practice I have maintained for the past forty
years, along with initiating a major re-orientation in the way in which
I want to serve others.
On the personal level, I want to continue to develop my ability to
engage in emotionally mature and mutually satisfying relationships,
instead of spending my precious time pursuing people who don't really
want to engage on a deeper level with me. I have resolved
some
deep conflicts within myself that have led me to remain too long in
relationships that give me much less than they cost.
I commit to showing up with my whole heart open to the Tribe and to
speaking my truth as honestly as I can.
|
Thank
you for sending me your application and for meeting the requirements
for participation.
|
Aug 1,
2016
Fully
Automatic
Dear Ed:
I post the following quote:
“Systems trading is ultimately discretionary. The manager still has to
decide how much risk to accept, which markets to play, and how
aggressively to increase and decrease the trading base as a function of
equity change. These decisions are quite important – often more
important than trade timing. “
–Ed Seykota in Market Wizards: Interviews with Top Traders By Jack D.
Schwager
Someone replies:
“Yes and no. Modern systems factor in these elements and remove all
discretion thus allowing them to market a fully systemized
model.”
I reply:
“What Seykota said then still holds true today. You'll see...”
I wonder what you believe, today?
|
Thank
you for raising this issue.
So a client goes on line to use the fully automatic system.
He
merely presses the start button and the money starts rolling in. Fully
automatic.l
No one has to worry about any of those messy personal details such as
his age, marital status, net worth, risk proclivity, or retirement
plan. The program figures it all out, automatically.
No one has to choose a portfolio out of all the stocks, bonds, options
and futures that appear on exchanges around the world - and no one has
to bother thinking about the appearance of new instruments or the
disappearance of old ones.
Just press [start] and let it all happen, automatically.

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Fully
Automatic Systems
remove all discretion.
Of course,
some people might claim
the act of pressing a button
involves some discretion.
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www.google.com.pr
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