Sep 25, 2020
Answers His Own Question
Ed:
Hope this email finds you well and healthy.
I was curious if you are still doing private consultations?
I
am a young successful business owner and father of 2. I recently
started doing some day trading and have found myself all over the
place.
After adding up the losses from here and there over the years the sum is fairly large and quite disappointing.
Having
generated substantial income from my primary business the effects are
mitigated however I am beginning to wonder if it makes sense for
someone who is already successful to devote time and resources into
trading that appears to lead to losses both from trading and also via
reducing productivity at the core business.
I suppose in a way I have just answered my own question; just thought I would reach out to you for feedback.
Thanks
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Thank you for sharing your process.
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Sep 20, 2020
Still Figuring it Out
Dear Ed,
The following chronicles my recent experiences.
-
Revisited bucket model of flow and system dynamics on TT website to
enforce myself not to look at component of system and look at the
system as a whole. To work on myself to move away from the
causality model to Intention=Result orientation.
-
I am noticing that increasingly the first item I focus on during any
conversation is gauge feelings of the person who is talking with me.
This is spilling beyond my personal life. For example, I was having a
conversation with a person at work on a topic that is a repeated theme.
In the past, it would have irritated me to listen to the same thing.
But this time, curiously enough, I encouraged the person to tell me
more. Since I was so focused on feelings on display, I lost track of
content. Once the conversation was over, I was happy that we went
through an unpleasant topic.
-
I am still struggling to get a grip on the nature of feelings. Using
business metaphor: Are feelings something “organically” occur in the
conscious mind or it is something you “acquire” as part of the process
of “thinking”. Ed, any perspective on this would be helpful.
-
I think I have developed a complete immunity from getting my emotions
involved about politics. That is something new for me. It is good
timing considering the great political drama that is going to unfold in
the next few weeks leading up to the election. Pretty much anything
that is coming from either right or left I am able to grasp it as it
is. When I think about how immune I have become to this, it makes me
happy. This ability to see through it will save a lot of time. I wish I
have similar clarity about other areas of my life that are more near
and dear to me.
-
I am experiencing considerable improvement in my listening skills in my
own marriage. As a result I see considerable reduction in blow ups. I
often wonder how long this one-way flow of living life TTP can go on.
Since results are encouraging, in theory it can go on forever.
-
Periodically, I go back to let me clarify my goals. That is hard. Then
I find comfort in the fact that since I am making progress, I kick the
can down the road on having razor sharp clarity of goals. It sounds
backwards, but it is what it is.
Thank you for all the help.
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Thank you for sharing your process.
I gather you consider feelings as some kind of process that originates in your mind.
You might consider some feelings originate and circulate in other parts of your body: hunger; thirst; lust; fear; etc.
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Sep 19, 2020
Wants to Collaborate
Dear Mr. Seykota,
I
am writing to express my interest in collaboration with your company in
the area of application of Machine Learning algorithms for financial
modelling.
I have spent the last 14 years researching
algorithms for predicting price action. My research allowed me to
develop and live test (for five years) the prototype of a very robust
M.L. algorithm.
I hope you will find the results of my
research and experience interesting. There is a Project Presentation
and Resume attached to this message.
If you have any questions, please give me a call at: 9phone number) or email me at (email).
I am looking forward to hearing from you.
Kind regards,
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Thank you for reaching out to me.
I'd like to know more about what you mean by "collaboration."
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Sep 17, 2020
Stint at Commodities Corporation
Mr. Seykota,
I
wonder if you remember me. You were my mentor for a relatively
brief stint at CC. What a great time that was! I am now
teaching investments at a small regional university in Utah. I got out
of the CTA business when MFGlobal blew up. Just wanted to
reach out and let you know how much I appreciated your mentorship.
Wishing you well,
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Thank
you for reaching out and reminding me of our process of implementing
Tribe meetings at CC - and for acknowledging me and the work.
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Sep 10, 2020
Tribe Meetings in Texas
Ed,
It
was great talking to you today. I appreciate you taking the time to
speak with me. Regarding the Tribe meeting, it looks like private
gatherings are limited to 10 people. You must have hand sanitizer and a
hand washing station available and do your best to keep attendees 6 ft
away from each other. That's about it. I hope you'll consider
organizing a Tribe. Speak soon.
https://www.traviscountytx.gov/images/ docs/200314-gathering-order.pdf
Best,
P.S. I love Govopoly! I'll be ordering more for friends.
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Thank you for letting me know about the lastest rules for meetings.
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Sep 07, 2020
Chart Book Scan Frequency
Hello Ed,
hope all is well.
Was wondering how often do you run the chart book scans and how often do you post them?
Best, and be well.
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Thank you for reaising this issue.
The scans run and post themselves, daily.
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Sep 06, 2020
Figuring it Out
Ed:
-
I am having this growing realization that TTP is an experience related
technique based on empirical data points and trying to put rules of
“hard Science” is not going to work. I need to keep working and see
what I get. I am paraphrasing something I read in holotropic
breathwork : “If roots of problem are emotional, it just simply cannot
be analyzed or talked about, it can only be reached and resolved by
some experiential technique”
-
At times I am lost with what I am trying to do that clearly tells me I
need to keep working clarifying my goals.
-
As I am letting my emotions/feelings/Memories flow freely covering a
very long time period, I cannot stop thinking about my teenage years
and parents I have had and what kind of parent I want to become for my
kids.
-
Feels like I have made tremendous progress in bringing non-judgmental
participation in my own marriage. It is certainly that way from my side
and that is the only piece I am focused on for the moment.
-
Trying to spend a lot of time figuring out if I am simply medicating
myself with some old feelings or those feelings are showing up now to
tell me something about situations I am trying to respond to now. I
think it is 50-50.
-
Feel like I am living life with constant presence for several decades
of my life collapsing all into the moment of now.
-
I am realizing that I have lost track of my goals and really need to
work hard on clarifying my own mind.
-
I often wonder if feelings are purely a domain of the conscious mind
and Fred has something else as a currency to organize its affairs. It
is only when Fred pushes its agenda into the conscious mind that other
currency gets converted into feelings.
Thank you all for all the support and caring.
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Thank you for sharing your process.
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Sep 03, 2020
Wants an Active Mentor
Dear Ed,
Thank
you for taking the time over the past month in replying to some of my
questions over email, your guidance has helped me on my trading
journey. To give you some more background on myself, I am 25 years old
and I am a self-taught trader and coder. I have been a full-time
trader for the past two years and have increased my starting capital
from $140k to over $2.3m in just over 26 months through a series of
manual and algorithmic trading methods.
While I’ve done
quite well, I know that I can achieve much bigger things with my
trading career and path. My goal is to turn the current
capital into a $500m+ portfolio over the next three years.
You
are one of my inspirations and part of the reason that I started
trading in the first place. I have studied your career and it has
driven me to develop new and different ways of trading that have
improved my results.
Would you be open to working with me in
a mentor capacity for an hour each week on my trading strategies,
perhaps split into two 20-30 mins calls or even just one 30 mins call
once a week? My goal on these calls would be to ask you questions
about what I am doing with the aim of improving myself and my
trades. I am also seeking to learn anything that you would be
open to sharing with me about your own path since you have achieved the
goal that I am working towards now.
I know your time is incredibly valuable and I would like to pay you for your time to show you how much it means to me.
Thank you in advance for considering this.
Please let me know what you think and if you would be interested in working with me in this capacity.
All the best,
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Thank you for reaching out to me.
I provide mentoring through this site, when I get around to it, for free.
If
you wish for me to assist you in focusing on your issues, you might
like to retain me for private consulting. See the terms at Ground
Rules, above.
Meanwhile, you might consider simulating your
trading system so as to determine portfolio volatility as a function
of risk-per-trade.
You might also consider identifying the maximum drawdown your stomach can handle.
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Sep 02, 2020
Relating with Risk
Hi Ed, hope you have been well during this year.
I’ve
come to deeply appreciate that Trading has been the best tool for self
growth, exposing and illuminating areas that need work in our personal
lives. Trading is a master teacher that offers exponential growth I
have been thankful for.
As pertaining to trading, I have
thought many times about how you mention that traders are risk
managers, not profit managers- and that risk has a positive intention
of managing uncertainty and loss.
I can see that one that is
too conservative and doesn’t take risks in life takes the biggest risk
of all- not living a full life that is worthwhile. Theres another
extreme of others are recklessly risky and lose it all. Somewhere
balanced in between seems to be calculated risk. I wonder about the
parallels in trading.
In this journey of self growth in
life and trading, I am realizing the utmost importance of one’s
relationship to risk and felt inspired to write in and seek mentorship
in the form of feedback from you, because to have accomplished what you
have done shows you have a great relationship with risk.
Is
there any insight you can shed about improving ones relationship to
risk and how to grow in becoming more comfortable with the unknown and
uncomfortable? This is more of a life question, but the answer will
also undoubtedly pertain to trading.
Thank you, I always appreciate your answers and insight and take them to heart.
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Thank you for raising this issue.
You
might consider identifying your feelings about risk and then accepting
them and making friends with them. They might have quite a lot of
valuable insights to share with you.
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