I hope you are doing fine and have nice plans for New Year's Eve.
Ed says:
Assimilation seems to work best in person.
In the moment I pen-pal you and discussion with the boss is imminent an
old friends calls! He offsets his difficult childhood by studying
psychology and really delving into friendship. He will be my real-time
expert on the matter. Phoned him up today and looking forward to get to
know his ideas on friendship and human development. See what he says
about your ideas.
Now I have seen my boss for the last time. Lost my last illusions
about his caring about me. He is really flourishing on people that go
along when he sells his opinion as the reality allowing no other views
or opinions. For the pay I went along and lost all my energy in the
process.
Looking forward to create my own workplace and following a path of
development.
Good luck to you and your family.
PS: Fred is working his way from the picture of Progress Report of Dec
24 to Commitment of Dec 26 to Trading Discussion, Part III of Dec 26 to
picture of Teenager of Dec 26. Now he / she / it is digesting your and
Aristotle's ideas about friendship. Funny. I am curious what comes next.
Thank you for sharing your process.
Sat, 30 Dec
2006
Breaking to the Upside
Hello Ed
I find your Trading Tribe very interesting. I have been trading now for
many years but have been a failure. I need help and it probably is in
money management. I'm what you would call a "very little fish". I do
have a good deal of education behind me (perhaps that's the problem?).
I've been in the top 10% academically and if I can compete there than
why not trading?
I'm hoping this peer group interaction will help me break out to the
upside from my "flattened like a pancake" career so far.
I've bought the Jan Euro puts 131.00 strike. I'm betting the
dollar will rally at the start of the new year.
Hmmm ... you seem to be looking for
an upside breakout for your career by betting against an upside breakout
in the Euro.
Eurodollar
Sat, 30 Dec
2006
Has Blast and a Good System
Dear Mr. Seykota,
I wrote to you on Sunday 21st. December, 2003 and your
reply was TTP is a blast. I joined a tribe and got a blast. I believe
I have a good system with subtle difference to performances within
the system. I wish I had joined your program for help in fine tuning my
system.
I hope you and your family have a happy New Year.
Thank you for sharing your process.
Thu, 28 Dec
2006
Rocks
Process Melts
Guilt
Hi Ed,
I just finish reading all your documentation of the rocks process. Thank
you for your effort to document this new process. It is very
educational.
Several months ago I participate in ... the rocks process. I am still
amazed by it's effects. My mom has been unwilling to feel sadness,
loneliness and anger for a long time. Before the process I feel it is my
responsibility to take care of her and make her feel better.
After the
process my mom seems to be doing much better and we have some good
conversations. During the holidays she feels sad, lonely and angry
again. I call her on Christmas Eve, she does not answer the phone, she
actually turned the phone off. I try two more times. She calls me the
next day and is crying and telling me how horrible everything is. I am
glad she shares her feelings with me. She does not want to talk to my
girlfriend, because she is just too sad.
After our conversation I feel angry and disappointed, I think it is
pretty disappointing that my mom can't talk to me on Christmas Eve
because she is too sad and then refuses to talk to my girlfriend.
I share this
feeling in an e-mail. My mom apologizes and tells me about all these
changes she is hoping to make to be happy. She does this all the time
and never follows through on her commitments. I continue to be
disappointed that my mom can't run her own life, it feels good to share
this with my girlfriend.
I eventually
lose interest in the situation and am thankful to spend Christmas with
my girlfriend. I don't feel a responsibility to worry about my mom. I
offer her my support if she is wanting to make some changes. I let her
live her life. This feels great!
At the same time I notice how I pick up a lot of her ideas about money
and business success. I know there are some rocks holding me back. I
never see this issue clearly or even identify it. Somehow this changes
and I am now totally focused on it. I feel regret I am not attending the
rocks seminar, I feel upset that I can't afford it. (Admitting that I
can't afford something brings up a strong emotional reaction in me).
Thank you for your work.
Yes, working on our own Rocks, tends
to "fix" those around us.
Thu, 28 Dec
2006
A Catch I
Find Now
From the Past
About the Future
Hi Ed,
Just notice that the FAQ (Regression) on Mar 7, 2003 says, "The Trend is
your Friend, except at the End, where it'll Tend to Bend."
How about it tends to bend instead? ;-)
Thank you for the catch.
Thu, 28 Dec
2006
Six-Cent
Nickel / Two-Cent Penny
Ed,
The actual
production cost a penny is now up to 1.73 cents, according to the
Houston Chronicle. Year in and year out, The U.S. Mint wastes taxpayer
money by coining pennies.
Notice that the Mint produces $78,612,000 worth of pennies at a cost of
$135,998,760, thereby wasting $57,386,760 of taxpayer money through
November 2006. The all-in cost of coining pennies is even higher, after
you include the time and money that merchants and banks spend
sorting and counting them.
Hmmm ... We lose about .73 cents on
each penny and try make up for it in the volume. The program is so
successful, we are now expanding it to include nickels.
Now I'm confused. So are you suggesting that, any time a child pleads
for a toy, if I do not obey, then my action transfers a rock to him, and
may set him up for a lifetime of sadness?!?
And what about the bigger picture? The fact that eventually the child
does get his toy, and he's all happy about it. Can't I say, the
intention to make the son happy manifests as the result in the end?
Thanks.
If your child asks you for a toy and
you share your feelings about it with your child, openly and directly, he
is not likely to take a Medicinal Rock.
In your description you "intentionally pretend to ignore my son's repeated plea"
and you also "act out as
if I don't care at all."
If you withhold your feelings from
your child and act capriciously and manipulatively, you may very well
give him a Rock.
If that's the case, I have to say in some odd way, the guy in the
leather jacket does resemble you somewhat, especially his eyes ... (just
change the hairdo and get rid of the mustache ...)
-----
P.S.
Coincidentally, I'm actually the one who asked you about "Receiving
Angry Sender" a year ago.
I have used the ... code which works great, though it is difficult to
understand and does take some work, time and experimentation to figure
out.
Ed said:
"If You Make It Simple Enough you can get a teenager to understand it."
"If you make it obscure enough you can get an adult to pretend he
understands it."
And adult must be prepared to understand it too. One does not need a
Ph. D to understand it, but one does need to put a lot of effort and to
try out new things. A Ph. D degree can also help (unfortunately I do not
have one, so it takes me a little longer to figure things out and I make
more mistakes). I have determination instead to make up for the lack of
education.
I believe that trading is virtually a zero sum game, almost everything
one wins, somebody else loses so one does need an edge, badly! This was
a serious study about changes that are happening in the markets in
today's days, much more drastic then it happen in the last 50 years.
I don't know how or why "old trend following" is not working anymore.
What I can say is: market is changing much more than it did. As I
mentioned in the previous email, some of the oldest and most successful trend
followers (eg: Bill Dunn and I would add John Henry to this list) have
been in their worst drawdowns in 30 years which would also suggest that
the markets have changed in some fundamental fashion. I have nothing
against trend following at all.
I use "modern" trend following and counter-trend following systems that
work, combined in a futures portfolio. I just don't agree when someone
say that trend following is the same it was in the 80's, because it is
not.
The market is not the same, the trends, returns, volatility are not
the same. Breakouts are much more false than 20 years, moving averages
are totally useless today also (linear methods no longer works today!).
Market is not more difficult than it was (like Richard Dennis said), and
never will be. It's simply different!
Below is a equity curve backtest of a trend following system (20-10
breakout system) without pyramid, trading 23 futures markets - 50 Dollar
per Trade, 1%Risk. Do you think it will work again someday? Maybe it
will, but trading this system is not for me. There are better things to
use!
Could you post here (send me, or plot a equity curve chart) of daily
backtest with equity returns from a purely and old-fashioned daily
futures trend following system, since 1998-today?
I do not have any evidence that
day-trading and short-term trend following works.
To see the performance of a
long-term trend following system, see the Donchian Study at the Chart
Server link, above.
Thu, 28 Dec
2006
System Trade
Hi Ed!
Today I bought 4 contracts of Cocoa. Entry 890. SL 772. Total Risk: 472
{4*(890-772)} Euro. My system is now up and running. When my SL-risk
decreases I will put on new trades so my total SL-risk always is between
40-50% of my total equity.
Can you suggest how to test this system more
careful.
I'm not sure that my money management is optimal.
Hmmm ... you are risking 40-50% of
your Equity on one trade. Professional trend traders
typically risk around one percent as much as you risk.
You can test your system a couple
ways.
1. You can back-test it on a
computer and notice it goes broke on small whipsaws.
2. You can run it in real-time, as
you are doing. When you go broke, your test is complete.
Actually wondering whether I use you as a pen-pal.
An enlightened follower of Osho named Ramateertha said to me: never do a
therapy. I really have the ability to make a big thing out of anything
and this "form" was in full bloom this night.
Today there is a sort of "show-down" with my boss. He set the date on
December 22 and wow, you cannot imagine what ideas I developed on that
up to now. Unfortunately, there is some reality to that, but I am not
going to be killed as I realize now.
Now I am wondering whether it's really a good idea to set up a trading
tribe with somebody who wants to day trade futures. Perhaps it is better
to meet with some female friends like pictured on December 26. I think
God will decide on this.
I am using you as a pen-pal.
And I am also very inspired by your approach to trading! This lift-idea
in November helped me a lot to get out the losses out of the portfolio I
made this year. And to jump in those bull-markets you have in Germany
right now. I am happy that you cannot develop ideas on that.
I hope you have a nice week and which you a lot of inspiration and nice
people on your workshop in January!
Thank you for sharing your process.
Day traders who attend Tribe
meetings typically discover what they are really up to and give up day
trading.
just surfed your site during selecting stock ... and now I am really
disappointed, that I was not included in your FAQ.
Hope that I didn't offend you or manipulate you.
As a matter of fact the discussion about friendship of Dec 26 is as
inspiring as an actual comment to my letter.
And I love your wonderful collection of men and kids. Fred is sort of
"eating" these pictures. I see them in my head like a slide from time to
time. Seems to be a good food for the subconscious.
I also love this statement about Commitment. Helps me so much to deal
with my doubts concerning my future after my office job ends. I want to
trade half-time, the rest is still to be found. There are not very much
people around who understand this idea. In [Country] it is much more
common to work in the office from nine to five (or lately: ten in the
night) as actual trade and do nothing (hopefully).
And I would be interested to have a family but being already forty-two
this is probably more a dream as anything. Going out I meet all those
guys who are married and stray around. The more I love the pictures of
those other guys who love and take care of (their) kids as shown in FAQ
lately.
Concerning tribe I mailed to a guy who has a family and want to day trade
futures. I am glad that I gave up the idea to help him with that. This
seems to be the ominous "Co-Dependency". Now I understand the concept.
And I am pondering, brooding and pouting as always concerning your
non-answer. It's getting better now.
This is my status and I hope I didn't offend or manipulate you.
Kindest regards and a Happy New Year for you and your family.
Thank you for sharing your process.
I update this site from time to
time, rarely every day.
this is the people who tried to order the BOOK!?!?! :-)))
Now I can laugh, but didn't when I seriously researched the BOOK "How to
Win Friends & Assimilate People" for about three quarters of an hour!
This work gave me a serious AHA: my father always reading and being
detached, me buying all those books, just trying them and then putting
them aside. I already worked on this problem, but now I really recognize
its full extent and consequences. Hope this speeds me up getting some
books out of the flat.
Actually will keep the books of Pia Mellody somebody recommended to you.
I get the impression that those healthy boundaries of the self are
established automatically, when you get a new idea in the head. But CM
also wants to know what's going on. That means reading most informative
"Rocks" and Pia Mellody.
This is just the tip of the iceberg of the ideas I got. I had some time
because a virus prevented me to visit my parents on Christmas Eve. Still
wondering whether this was Fred creating or preventing drama ...
I used the time to call up all sorts of people and felt quite connected
with relatives and friends despite being alone at Christmas Eve. Got the
idea because of this "pouting inspiration" of yours: writing tons of
Christmas Cards and calling up old friends I dumped after a dispute or
they dumped me.
I was so astonished that all of them were quite pleased to hear of me
and so was I. I am still doing it and it is such a fun. Hope I stick to
the new habit. It's such a pleasure.
A wonderful New Year to you and the Trading Tribe!
Thank you for sharing your process.
Wed, 27 Dec
2006
Pain
Ed Says:
Pain is any feeling you are unwilling to
experience.
The physical sensation of pain may increase or diminish or move to a
different location in your body, depending on how you hold it.
Developing willingness to experience feelings tends to convert pain to
useful information, untie k-nots and to discharge obsessions.
The TTP processes can be painful or pleasurable depending on your degree
of willingness to follow them.
Particularly, the pain I refer to, in my case, has to do with
unwillingness of living with abandonment. I experience that trying to
"force" situations might produce pain.
You might consider taking your
feelings to your Tribe.
do you still
use the Snapshot process in the Incline Tribe?
Yes, we use the snapshot
process as a way to support moving toward right livelihood.
If we encounter K-nots during the snapshot process, we identify the feelings
and use them as entry points for the Rocks Process.
Ed Says: "We notice that the Issue Round elicits various forms of
"Wanting" and that the feeling of wanting is a good indicator leading to
some or another Rock."
To me this is a very important quote. I notice in my own life that
certain areas in my life are full of wants, other areas are not. The
areas where I don't recognize any wants tend to be much more successful.
Especially my emotional reactions in the want-free areas seem to be less
dramatic and much more beneficial to me. It seems in some areas "I want"
in other areas "I do".
I notice in myself that "wanting something" usually indicates that I
want to avoid something. I am feel that might be a personal bias I have.
Want has various meanings.
Lack: "For want of a nail, the shoe falls off."
Feeling of Desire: "I want the market to go up."
Where the feeling of wanting is in a K-not, the subject tends to engage
drama that manifests lack.
Per your example of the CO2 cartridges. The assumption that there is a
normal distribution inside each cartridge is my concern. There is no
evidence, empirically or otherwise, that there is such a distribution.
There is no real experiment to verify a normal distribution exists
inside the canisters. This is the crux of my question. Why assume a
normal distribution, when there is no verifiable experiment, and logic
dictates all particles revert to the same velocity at any time over the
initial time?
I wonder what kind of logic
dictates the particles must assume the same velocity.
I wonder if that same logic dictates that all hockey players
must move at the
same velocity.
I saw a picture supposedly from your site while play the Google
image game, of a guy holding up the apparent severed head of another
guy. Is that you in the leather jacket and blue shirt ?
I do not know how to find a suppose
picture. Perhaps you can define the clip by specifying its date
and title on this site. FAQ clips carry an attribution line, so
you can click to find the source.
The most
significant finding was the discovery of “mirror neurons,” a widely
dispersed class of brain cells that operate like neural WiFi. Mirror
neurons track the emotional flow, movement and even intentions of the
person we are with, and replicate this sensed state in our own brain by
stirring in our brain the same areas active in the other person.
Mirror neurons offer a neural mechanism that explains emotional
contagion, the tendency of one person to catch the feelings of another,
particularly if strongly expressed. This brain-to-brain link may also
account for feelings of rapport, which research finds depend in part on
extremely rapid synchronization of people’s posture, vocal pacing and
movements as they interact. In short, these brain cells seem to allow
the interpersonal orchestration of shifts in physiology.
Thank you for the link.
Yes, Tribe members seem to develop
deep caring about each other - and an uncanny ability to read each
other's feelings.
An aspect of the Trading Tribe that
does not appear in the human contact article is the Trading Tribe
Philosophy that includes the Systems View, Fredian Psychology, the Rocks
Process, keeping thought and language in the now and, by the way,
avoiding the word, "why."
Actually there is no experiment that can prove the distribution is true.
How could a closed system with steady temperature have a normalized
distribution of particle speeds? Wouldn't they all have to revert to one
speed? Check out the so called experiments they have tried. They
actually build the curve theory into the experiment so as to only come
up with the answer. Similar to curve fitting a back test.
A
CO2
cartridge holds a great many gas molecules, all moving in different
directions at different velocities. The cartridge has a "steady"
temperature that reflects the distribution of the velocities of the
individual particles inside.
If you heat up the container, you
change the distribution of velocities of the particles.
How do you calculate the ulcer index referenced on the Donchian page on
Chart Server?
Thank you for the catch. The
ulcer index is an early and now dead-end experiment in formulating a
mathematical measure of the difficulty in following a system. The
remains of the experiment still show on the page.
"Difficulty" depends on the trader
as well as on the system and on the markets, so the notion of a
system-market-specific ulcer index has flaws.
Martin & McCann, in their book,
The Investors Guide to Fidelity Funds, define Ulcer Performance
Index (UPI) as a measure of downward volatility.
I'm saying trend following does not work anymore. I'm saying that "old
trend following" does not work anymore.
The market is dynamic, and all this good strategies from the 80's and
90's are useless. You can't win everything you lost in just one big
trend today. New approaches must be used to improve the trend following
for today's markets.
Below are graphs of SP500 (Yahoo symbol ^GSPC) Prices and returns
showing the structural breaks that were discovered.
It appears that the changes in mean were upwards!
I do not see how the graphs of S&P
prices and returns speak to the issue of whether trend following works.
The S&P index seems to be in a long-term trend since 1975.
You might consider showing your work
to a high-school student to see if it makes sense to him / her.
You might consider clarifying your
ideas by writing about them in SVO-p. Your sentence (left) does
not define structural break, or tell who is doing the discovering or
explain how he is doing it.
Some Questions that you didn't answer - Does trend
following still work part II?
I agree with you about commitment following a system. But my systems are
profitable, unlike the 80's trend following ones.
Give a try the turtle's system, you can try optimize
everything looking in the past, and won't see any profits after 2k
anymore.
Some strategies stop working after the NASDAQ bubble. The market is
dynamic and it's always changing.
No static system goes beat the market forever, and this is fact.
Adaptive methods, non linear elements and etc should be used. In today's
days this dynamic market changes are much more faster than it was in the
last 100 years.
1 - How do you see this market drastic changes in the last years
and the game theory (that says nothing is in public domain will be
useful to beat the game!)
2 - Being a trend follower, what do you think about statistical
contrarian strategies?
3 - Do you still trading simple models that you did in the 80's ?
1. I do not see much in the way of
"drastic changes." The notions of going with the trend, riding
winners, cutting losers and managing risk are certainly "public domain."
These notions still work. Every winning trade is, necessarily,
going with the trend. The problem with Trend Following systems
lies in the difficulty in following them.
If you have any evidence of drastic
change in any of the above you might consider sending it to FAQ.
2. Trend Followers do not think
about statistical return-to-mean strategies.
"Statistical" methods typically
suffer from risk control issues. Proponents are rarely able to
produce any meaningful back-tests that show a portfolio with position
entries and exits, margin-to-equity ratio, an equity line and
return-to-drawdown ratio.
If you have such a test for a simple
statistical method, you might consider sending it to FAQ.
3. See #1, above.
4. Here's a contrarian strategy for
you. People tend to lose faith in Trend Following after a series
of reversals / whipsaws. One pretty good sign that trends are
about to assert again is people (such as yourself) renouncing Trend
Following on FAQ.
I'm a experienced futures quantitative trader. I use what a call "modern
trend following" and mean reversion (counter trend) techniques to trade
about 15 different futures, in a portfolio.
I'm not a trend following fanatic. I just trade what works.
I'm up 85% this year, with a -13% drawdown. I have no problem following
a system, and have great knowledge about statistics, math and logic.
All my systems do walk forward optimization each N time. In my research,
it's impossible a simple trend following system to work in today's days
without non linear methods, like thresholds, profit targets (variable)
and etc ...
Take a look at this Richard Dennis interview:
Q: How's the current trading environment compared with your
high-profile days?
A: It's 10 times harder than it used to be. It should be. The
market's job is to derail the systems traders. Some of them are
going to make money, but that can't go on forever.
Q: Why not?
A: Because the market is changing more dramatically than it would
have 15 or 20 years ago. I think that's because there are a lot
more trend-followers involved in the market than before. It's a
game where you're forever chasing your tail.
Q: Anticipation doesn't have a lot of place in the mechanical
trading world, does it? The adage is that systems react rather than
predict, and traders should have no input at all once they're beyond
a certain stage.
A: There's something to be said for the dumb bunny approach of "I'm
just looking at numbers." I've done my share of talking myself
out of systems that would have worked for years. You pays your
money and you takes your chances. But ideas help if you're thinking
about what the market is likely to be like two years from now."
How do you see
this market changes and the game theory (that says nothing is in public
domain will be useful to beat the game!) What do you think about
statistical contrarian strategies?
Unwavering commitment to following a
system is essential to making it work.
Those who do not keep their
commitments seem to generate justifying beliefs, such as the idea that
the market's job is to derail systems.
Such beliefs are consistent with the
experience of abandoning a system - right before it becomes
profitable.
You might take your feelings about
sticking to a system to a Tribe meeting.
I found your site on radial momentum thought provoking. I have no formal
science education beyond high school, but have done some reading on
various subjects just because it's interesting. I don't know calculus at
all, anything in that vien is beyond me.
Lately I've been reading up on lift and the Bernoulli principle, the
Coanda effect and the like. I find many of the explanations and
assertions confusing, misleading, inadequate or sometimes incorrect in
my estimation.
I've been doing some tests and experiments. Most based on the
demonstrations suggested by sites, the water and can, railroad bottles,
paper lift, ping-pong ball lift, etc. I've been making variations on
them to see what the effects are and recorded my observations. I have
drawn no definitive conclusions, but they suggest many of the phenomena
attributed to the Bernoulli principle are from the Coanda effect and
radial momentum.
I will not barrage you with them by email, I've done a few dozen and
will be doing more. Still, I was hoping to get your reactions. It's
easier to present them with pictures, but rather than put them in an
email with attached gifs, I'd like to post them on my personal site with
the art in place for easy reference. This would be a page without a
link, not for public consumption. You can type or paste in the url I'll
provide.
I have a question for you. With regard to the experience which the
sender has during TTP or the Rocks process, do you think the process of
"recovery", "growth" or "liberation" is inherently painful?
I mean, for me
it looks like most emotional "k-nots" revolve around emotional wounds
and the essence of TTP or Rocks process work is to continuously pull the
sender back into contact with something they don't want to experience.
I remember you
once wrote something about the sender's typical "meta-willingness". And
if so, what about the Receiver's role? During the recovery process does
he also experience pain, as if by empathy?
Pain is any feeling you are
unwilling to experience.
The physical sensation of pain may
increase or diminish or move to a different location in your body,
depending on how you hold it.
Developing willingness to experience
feelings tends to convert pain to useful information, untie k-nots and
to discharge obsessions.
The TTP processes can be painful or
pleasurable depending on your degree of willingness to follow them.
I have been thinking about INTENTION=RESULT. Here's a scenario: let say
I intentionally pretend to ignore my son's repeated plea to buy him a
toy that he is dying for, because I plan to give it to him as a surprise
after his exam when he is least expecting it. So, for weeks I act out as
if I don't care at all.
If INTENTION=RESULTS, then the RESULT I am observing is that everyone
(esp my son) would think that I am a terrible father who doesn't know or
care about his son's burning wish. Yet my intention is precisely the
opposite that I do care and I do know what's important to him, and
that's why I am planning the surprise gift for him as a reward for his
hard work for the school year.
So while we can all observe the same RESULT, does it mean that each
person may draw a different conclusion on what the INTENTION really is?
Also, is it true that the real INTENTION is time-varying? During the
weeks of pretending, people observing the result (son's disappointment)
would think I am a father who doesn't care, and then in the end after I
give the gift and they learn about my plan all along they look at the
result (son's happy smile) and say I have a good intention.
Of course, the final result (everyone's happy) is what I have intended
all along, but does it suggest that, at any now moment, I cannot just
look at the current result snapshot and draw a conclusion on my
intention? Interpreting the intention based on the results observed is
only meaningful when the whole process is "finished"?
Thanks.
Your intention is to ignore your
son's repeating pleadings - and to teach your son the notion that his
father ignores his pleadings.
The pain your son feels during his
pleadings and your rejections opens him up to accept the Rocks you are
transferring to him.
This may set him up for a lifetime of sadness and
disappointment.
You might check if you find such
patterns familiar and if you can remember an important role model who
may be the source of your own Rocks.
The Rocks Process intends to locate
and remove Medicinal Rocks - and to replace them with Responsive Rocks -
so you teach your children healthy patterns. See more about Rocks
at the link, above.
I have many insights since the Workshop and Breathwork. I continue to
think of my experience during the Breathwork almost on a daily basis and
in some cases exhibit some of my Breathwork forms during my sleep, as
reported by my partner.
The person I
spoke to you about that I come into conflict so much and resembles my
father is still part of my life. We have severe conflict during the
past six months and don't allow myself to be pushed around anymore.
I now notice
how similar he is to my father: aggressive, hard working, a successful
entrepreneur and loves his family more than anything. Not bad and very
similar to what I view as my right livelihood - perhaps we are too alike
to work so close to each other.
I also come to
the conclusion that having a father figure during early life is of
utmost importance. I notice how much I miss my father and realize how
much he really cared about his family, I feel guilty for having
negative feelings in the past. I am now a bit closer to this person
and able to receive him better than before and allow myself to learn and
accept his views/concerns. He also values my opinion on work related
matters and sees my point of view on many other topics.
My trading is choppy in the second half of the year and I have been
stopped out of almost all trades since August, I re-enter some trades
however get stopped out again - I don't always follow my plan. I
feel like I am getting a new swing: a different way of viewing markets
and approaching trades, tight stops and sticking to my initial plan -
easier said than done. Developing a system is still high on my
priorities and I go through the motions of testing a few simple systems,
trying to reinvent the wheel (complex and impossible to follow) and back
to simplicity. I am convinced after several months of testing that
simple systems are easier to follow and yield higher returns over a
time.
I am very determined to be your apprentice. Please let me know if I can
call you to discuss, I am happy to provide more detail about myself or
even visit IV to talk about this possibility.
I wish you and your family a Merry Christmas and a happy and healthy new
year. Thank you for being a great teacher and for the guidance you
provide to myself and many others through FAQ.
You might consider taking your
feelings about your conflict to your Tribe.
