from Ed in Red)
Thu, 23 Dec 2004
Ed says: Trying to get out of the loop is just part of
what propels you around the loop.
The positive intention of your loop is to get you to feel your feelings.
You might try taking your feelings about your loop and about commitment to
The source for the drama is likely one of your independent forms seeking
The girl moving away does not dis-solve the drama.
She may soon re-appear in a different body and present opportunities to
re-solve the drama, over and over until you dis-solve it by integrating your
If you already have what you want, you do not have a
problem. A problem is a difference between your desire and your perception
of what you have ...
Yes, Ed. That's often the case. I am trying to locate and integrate my
One of them,
concerning relationships, is a very supportive, affectionate relationship /
friendship with an older married woman.
receptive, supportive and affectionate. A platonic love though. We have a
lot of mutual respect and affection. She often inspires about the qualities
I expect from my would-be wanted girlfriend.
I like to tell her
about my feelings ... In short, I love her.
and relationships and situations are all outside yourself.
forms are sets of somatic properties, such as feelings, body positions and
motions, that are inside yourself.
tribe can help you develop your stray forms (and integrate them) by
receiving your feelings and by encouraging you to "take them to
relationship seems to place you as the sender and your friend as receiver.
might consider expanding your relationship to include you as the receiver,
her as the sender.
Caused by the Flight of a Bee
Second Before Waking Up, 1944
has a unique set of images
represent love. Some are genetic, some societal. Fred pumps others is an
attempt to get us to experience our stray forms.
Thu, 23 Dec 2004
I'm interested in starting a tribe in my area (Sarasota County FL). I've
learned from 20 years of trading experience that the limitations to my
success are internal emotional or psychological forces that I may not be in
touch with, or in control of. I'm delighted to learn of the existence of The
Trading Tribe, and am enthusiastic about the potential that may be unlocked
by a mutually supportive group. Too many traders endure the agony and
ecstasy in solitude.
are in the Directory
Wed, 22 Dec 2004
Hi Ed !
A few days pass since the Breathwork weekend. I notice various phenomena,
Summing them, I
realize I now simply see each experience of life clearly. I see through
things and people. It's as if there used to be a layer of gauze over my
mental eye. Perception was fuzzy, unclear on many issues. I remove it in the
Now I know
answers, which seem to be hooked to each question that arises. I see
essences beyond appearances. I see conclusions of processes, so act
efficiently to get there ... or see it's not what i really intend, and do
something more useful.
A little mistake to report. I want to send our hike photo to
participants, and accidentally also send it to a CPA firm whose pension i
manage. The CPA writes back he loves hiking too, and asks if he can send me
more money. I say yes. He does.
Thank you for organizing this extraordinary event.
at Spooner Lake
and accidents are intentions for which we are unwilling to claim
wants us to experience *!!@*!@
arranges an accident.
you are ambivalent
expanding you business,
might have to do it by accident.
Wed, 22 Dec 2004
Dear Mr. Ed Seykota,
How are you?
I've known forex since 3 months ago and currently I'm working at a
securities company in Jakarta. I'm very interested with forex trading and
i'm enthusiastically are looking for guidance.
Please give me some advice on where to look for trading guidance in
Thank you very much for your attention.
might look through this site, and through www.turtletrader.com.
Ultimately, you might have a look at and inside yourself.
Yourself Requires a Mirror
this 3.7 meter liquid mirror
like your Trading tribe.
Wed, 22 Dec 2004
Dear Ed Seykota,
Best wishes for 2005 and Merry Christmas.
you. All the best to you and yours.
Wed, 22 Dec 2004
Thanks for maintaining your habit of answering all the emails sent to you.
It is such a wonderful site to read.
I have been trying to define and test a lucrative stock trading timing
strategy (which is employed on a watch list of stocks with quickly growing
cash flow and EPS). It centers around picking dips in up-trends (yes it is a
simple philosophy). I find that I often have to wait quite a while for a
stock to resume its uptrend however, if it does at all. I am now testing
getting on fast trends that have already started, without waiting for dips
at all - just hopping on. That feels a lot riskier to me, as I feel as
though the stock could fall back to resistance more easily than if it is
already at resistance (obviously!).
In your experience, is hopping on a fast trend riskier or less lucrative
than waiting for dips?
Something dangerous, as in "Trading
A consequence, as in "We
making (or losing) money on this trade. "
on something and waiting for something are initiating activities, not
determine which is the most risky, you have to consider your intentions
during the entire relationship.
Which of These
the most risky
a lot on your intentions
the entire relationship.
Tue, 21 Dec 2004
Dear Mr. Ed Seykota,
First of all, let me thank you for your time in reviewing this email. I sent
an email earlier, but I'm not sure if it went through or not.
If it did, I
apologize for emailing you again. Anyway ... I am writing you because I seek
to deepen my understanding of system based trend following and from what I
can tell you are possibly the best source for that type of information. I am
a frequent visitor of turtle trader and have also visited your site on many
I find both sites
to be extremely interesting and persuasive. In surfing the sites I noticed
that you have been a mentor for a number of fortunate individuals over the
years, so I was wondering if you still offer your expertise in any way?
Either as a
teacher or by managing money on someone else's behalf? If so, I would deeply
appreciate your guidance as either a mentor or as a financial advisor (after
all you said it best when questioned in Market Wizards about what an average
investor should do with his/her money and that was to find a good money
manager and do something else with their time).
So if you don't
mentor any longer, my desire is to invest my money from this point forward
with you ...
I can assure you
that if you accepted me as a client I would not allow my emotions to get the
best of me. Well this email is getting a bit long now, and since it sure
isn't my intention to take up lots of your time I will let you go. Again, I
appreciate your time and earliest response to this request. Happy Holidays!
provide mentoring to many people through this site and its various
Tue, 21 Dec 2004
It is good to learn from you. Thank you. On the other hand it feels good to
ultimately, teaching and learning become one.
Tue, 21 Dec 2004
How do TTP and positive thinking / affirmations fit together, if at all?
If I reinforce a positive idea, like saying "I can do this," but
really feel uncertainty, do I go against TTP?
Thank you and best wishes for the holidays
term "Positive Thinking" is ambiguous until your thoughts,
feelings and natural gifts all align on the same objective.
might take your uncertainty to your Tribe to find right livelihood.
with Stray Forms
acting out drama
with integrating forms
get what they want.
Tue, 21 Dec 2004
1) What are the additional reasons which drive a trader to keep
trading when he has already made over $100 million on the stock market ?
I mean, that's the amount of money that would take 4 generations to spend.
The goal of any trader who takes the step of becoming a professional trader
is to reach out somewhat of a freedom and to become financially independent.
But once they're
done, they have fulfilled their best expectations, what are the reasons that
drive [Trader Names] to keep trading their own account whereas they are
among the wealthiest people on earth ?
2 ) The interview of your good friend Michael Marcus has always been deeply
inspirational for me and his way of approaching the markets has really been
very helpful in shaping out my own trading systems.
I've surfed the
Web in order to find out how he has been and what he does nowadays but sadly
enough, I have found no data so far. Unless it's his own decision to keep
his intimacy private, could you please send me a bunch of information about
him, his actual life ? Where is he ? What does he do now ?
Thank you so much for your help, warmest regards
likely do not drive successful traders.
the thing that drives successful traders is the same thing that drives you
to do things.
might examine the feelings that motivate you to write to FAQ.
does not reveal personal information. See ground rules.
do you think - we could get started on that motivational research - or wait
until after lunch.
Mon, 20 Dec 2004
I have a doctoral degree in Engineering Economics and studied investment and
finance for many years. In addition, I had read hundreds of trading books
and attended dozens of investment seminars.
Unfortunately the result was disappointing year after year, through bull and
My losing habit was amazingly transformed into a profitable endeavor after I
started attending the Trading Tribe, clarified the intentions, and followed
the trend trading strategies.
Now I find more quality time and sharper focus everyday. I attribute all
these positive outcomes to you and your Trading Tribe process.
Tribe University (TTU)
a place where the students
Mon, 20 Dec 2004
Hope this email finds you well.
Have you seen the film The Incredibles?
There's a cute little cartoon fable as warm up before the film (about a
sheep, I won't spoil it.) Anyway well worth watching.
lubricates the soul.
Lamb in Boundin'
all his hair.
He becomes a
pariah among the farm animals and turns downright sheepish. He learns that
bald is not that baa-aad, accepts his form and willingly experiences his
annual depilation in shear delight.
Mon, 20 Dec 2004
I used to play ...
but never like this.
mastery transcends limits.
some are at one with the game.
Sun, 19 Dec 2004
I ... wonder ... if u REALy reAd ur emails : )
might consider taking your wonder to term - and experience being
the Hotc‚k Tribe, circa 1898
the Trans-Mississippi Exposition,
Fri, 17 Dec 2004
Hi Ed I am puzzling over position size and my gut is telling me that I am
trading too many equities and the randomness of my picking strategy piques
If I set position size per trade at: (0.05% * Equity)
this formula results in trading a maximum of 200 equities. 200 * 0.05% =
My gut is telling me that a maximum of 200 equities in a portfolio is too
high. The simulations I have run show that 0.05% is a good approximation
for the system I am using.
I started building the portfolio in August of this year and have completed
it. Today the portfolio is up 22%. Regardless, of what my gut is telling me,
I am trading a portfolio with 121 equities, and the results are good.
Thought my trading capital limited the portfolio to 121 equities, my gut
still tells me that 121 maybe too many.
I am A bit confused about the definition of heat. I was under the
impression that heat was a synonym for the distributed bet size -- not
drawdown. The drawdown on my equity at this moment of now is 34.34%.
This is if all
equities in my portfolio dropped below my exit prices today I would lose
more than 34.34% of my portfolio value and a 21.16% loss of initial seed
capital (fish bait).
Onto the other bother, I select equities that are at 256 day highs or higher
and sell when they fail to make a new high for 168 days. If more than one
equity is available to buy I use C++'s STL random shuffle function to break
the tie. I have run a few simulations with different picking strategies and
random shuffle works better than any of the alternatives that I tried.
The number of equities in the portfolio and the randomness of the picking
strategy I use provoke me to change the system. My stubbornness persists to
change my system and so does the itch to change it. After crunching my risk
in the now I feel a bit better.
gut feelings and being confused are both quite normal.
the to the extent you are willing to feel your feelings, and celebrate their
positive intentions, they can support following your system.
who enjoy confusion seem to like to solve puzzles and invent things.
squares [A] and [B]
the same color.
Neat Optical Illusion
at this picture for a few minutes
you may notice
waterfall in the background
Fri, 17 Dec 2004
Some of my
Favorites Quotes from FAQ
In reading the FAQ I am amazed by your insight, and by the insight that you
help others find in themselves.
These are some of my favorite quotes from FAQ. Some of them are profound,
some witty, some cutting; but I see them all as being written by a man
trying to help other people better their lives.
Thank-you Ed. You make me laugh and, in this ever-present and expanding
moment of now, give me pause for thought.
My very best wishes to you and your family for a Happy Holiday and a safe
and peaceful 2005!
Very best regards,
Ready to Jump and Trying to Jump are not the same as
jumping. Same goes for trading.
Old Friends ... like old Trees, intertwine and support
each other at deep levels.
The lizard ... just hangs around on the rock ... and
waits and waits and waits ... for his pattern to show up ... and when a bug
comes along, he makes his move, right from the gut, without thinking about
it. Moral: When trader becomes that automatic, then he, too, can hang around
on a rock and catch a lot of bugs.
Dow Theory is consistent with Following Trends. Dow
Theory does not speak to the issues of position sizing, portfolio selection,
risk management or maintaining a cheerful outlook.
Aamznig ! Sonuds lkie it mghit be Ferd at wrok
The difference between e-TTP and TTP might be like the
difference between learning to ride a bicycle over the internet and learning
to ride a bicycle with your father
The markets tend to discount (now) many things that
are not (now) happening. The market also tends to discount many things that
never happen (now).
If you really have that information, you might as well
go for 100% of the move - or even more, if you can guess all the wiggles -
the sky's the limit.
The fossils exists only in the now. Your thoughts
about "30,000 years ago" exist only in the now. Everything you can
experience exists only in the now. Yep. It's Still Now.
What markets do you trade? Trending.
A Fish - at One with the Water sees nothing between
himself and his prey. A trader at one with his feelings feels nothing
between himself and executing his method.
Rule of thumb for passive trend following systems -
allow about 50% of your expected annual profit for drawdowns - so if you
want 1,500% per year, you might allow for 750% drawdowns.
So none of the equations balance. The essay is
consistent with an author who is unwilling to experience his own ignorance.
Ed makes no predictions about results of consulting -
other than you get to spend some time with Ed and you get to pay a fee.
Tinker Bell for some, is the gong that sounds to
announce the start of trading.
Yes, the trader has no provision for shorts in his
system. It also has no provision for selling pretzels at baseball games,
another profit opportunity.
His curious term "incoroporated," might be a
Fredian synthesis of "incorrectly - appropriated."
The Ultimate Guide to Reducing Debt and Achieving
Financial Freedom It has only one chapter, entitled, "Stop Buying So
Much Crap," and the chapter only contains five words.
No Matter When You Look at a Clock It's Still Now
While you wait to become the trader you want to be,
you might as well do the things the trader you want to be does.
Fred is a feelings pump
Can you point me in the right direction? Make a loose
fist, extend your index finger to the fully outright position, and place the
protruding digit on the center of your chest.
years and years, I recall warning people about quote machines.
I suppose it is somehow fitting for me to become one.
Thu, 16 Dec 2004
Okay, please excuse my expression, but your TT concept is [expletive]
I stumbled on this site by accident of search engine, and I couldnít
leave! I must continue reading, but Iíll tell you I am interested in
helping out if I am able.
If nothing else, I would at least like permission to incorporate some of
your concepts into my little world.
I run a writers
group for playwrights on the campus of [University]. Itís kind of a
workshop with group goals sort of thing, but we could benefit immensely from
the addition of your concepts.
I also notice that you have no Tribal reps in [my area] Ö Iíll pass your
site around, and maybe we can change that.
Thank you for your time - but mostly, thank you for your work and insight!
know of a Trading Tribe for Co-Dependent women and another one for
Presidents of Businesses. You might like to start a Tribe for Playwrights.
Fame and Fortune
running his dramas
Tue, 14 Dec
I've tried contact the trading tribe here in Brazil and I haven't had any
Please Could you help me ?
can start your own / see list at end of January.
Mon, 13 Dec 2004
I was a fortunate member of IV TT in the summer of 2003.
I came to the point in my evolution when the only thing I want from the
market is money.
Now, the question is how to extract it.
Out of all the
people I know you are the most qualified person to do it. Hence the
question: Can I place my money with you and split the profits?
I have 10,000 USD
risk capital and can accept 35% draw-down.
I still plan to
trade and actually am trading right now with poor results. "Ars longa ,
vita brevis" - Art is long , life is brief.
It maybe more
profitable to have a part of big return than 100% of a small one. I accept
your style, I know there is no guarantees, nothing can be predicted, if the
markets trend you catch the trend, that is all I need. I do not have guts to
stay with a winning trade, you may.
Thank you for the work you are doing with the TTP and this website. It is
refreshing and helpful.
are likely your own best investment.
might consider spending $1,000 on materials to help you develop your career
or master some subject you like.
you have a couple years worth of living expenses in the bank, and also
something extra, you might consider putting some of that extra into the
You Get Lost in Your Art
Sun, 12 Dec 2004
Thanks for your
fine emotion management site.
Are you heterosexual ?
might consider exploring your tendency to define people by their sexual
the years pass, I seem to be getting more forget-o-sexual.
does not reveal personal information. See Ground Rules.
Dale, Francis Gene and Pat
that Sex is mostly in the mind
not indicate sexual orientation