from Ed in Red)
Fri, 5 Sep 2003
I'm not sure if you got my first email (below). If not, I am resending it.
Dear Ed ~
I have been experiencing some frustration over the last several years with
my inability to carry through on plans or actions that might have a positive
effect on my life.
Example: I learn a trading system that testing shows is sound and workable,
and is capable of doing very well in trending markets, but I delay and
put off using it real-time. I then go on to another system that I test
and become proficient at, but put off using it as well.
When I try to explore my feelings on this, I get a fear of loosing hope
and a feeling of loss, coming to the surface. Like having a dream, but being
afraid to pursue it for fear it could turn out to be unattainable and thus,
no more dream.
It's a feeling and
a experience that is so difficult to pinpoint within me that it has taken
several minutes just to write the above short paragraph.
Is this just based on a fear of pursuing (and possibly loosing) goals or
dreams? Does it have to do with my belief and feelings about self-worth and
what I deserve?
confidence? I try to draw out the roots of this frustrating behavior, and I
get some memories of early school days, being told by my class teacher and
my mother that I was a bright student and capable of MUCH better grades than
I was getting.
I go back earlier
and get a memory of a mother beating me for misbehavior. Another memory of
just learning how to write the alphabet and spending some time making a
"letter" to my mom and giving it to her, only to have her say it
was just scribble and throwing it away.
It feels like a
heavy weight in my stomach, sort of sadness that wells up into my throat and
chokes, and also a feeling of shame for letting others and myself down. I
feel the need to ask others for advice and information that I probably could
figure out on my own.
It carries over into fear of loosing my child to death or alcohol-related
abuse (she is a young adult getting into the party life; my mother is
alcoholic and one of my brothers died from alcohol-related disease) ... a
helpless feeling like trying to flail away in a deep river but sinking below
the surface and choking.
Do you have any ideas or directions to point me in, in my quest to face and
handle these frustrations, fears or whatever-they-are?
Thank you and many blessings to you -
like you are using the process and making progress.
to label, analyze and talk about a feeling can be a way to postpone
receiver can assist you by keeping focus on physical sensations and
example, whenever you drift over into analysis (fundamentals) your receiver
can simply encourage you to fully experience the feeling of needing to
analyze things ... until that, too, disappears.
methods aim to help the patient get in touch with deep feelings, and then
make sense of them through astute analytics.
aims to help the sender experience all feeling ... analytics are optional.
if Freud were to use TTP, he might identify his unresolved feelings of
wanting to analyze things, perform public hypnosis on hysterical people,
a skillful receiver might help him focus on experiencing his feelings, in
addition to simply labeling and analyzing them.
History and Cases:
Thu, 4 Sep 2003
I have been doing TTP or something that is close to it with a friend.
Last time, I entered some sort of a trance - complete absence of feeling and
thought. The state was pleasant or rather there was no issue of pleasure.
The main quality was "absence" of almost anything.
I decided to
follow the state and stopped sending. There was nothing to be sent. I
thanked my receiver and told him I planned to stay like that for ... I did
not know how long. I told him I do not mind if he leaves and he did.
The state like this has happened to me before, during meditation. I have
tried to evoke it, but it never came when I wanted or expected it. Sometimes
it catches me and I let it be, then it disappears. If you have any insight
about what I wrote, please, share.
Thank you for your help.
peaceful, accepting, trance-like state, absent drama, seems to accompany the
Fred succeeds in getting a message across, Fred seems to rest until some new
experience comes up.
from a peaceful state can be direct, business-like, non-dramatic, even
Following the System
Wed, 3 Sep 2003
Just to let you know how I'm progressing. I have updated my system so that
it increase the fixed fraction and number of units based on profit. So it I
get profit of 50% on my core equity from inception then I will go from a
fixed fraction of 2% to 2.5% and I will increase the number of units opened
per signal from 4 to 5. I have also implemented a modification that says
that I will only start trading for real, if the program is showing a 10%
increase on starting equity.
The effect of this
when testing over the Nas100 from 1991 to 2000, is that the system only
starts trading in 1996 and exits as normal in 2000. Returns are reduced,
almost halved, but there are 5 years free, where I would have been trading
other instruments. If you have any comments, then I'm all ... as normal.
Here are the figures for the equity curve, if you want to graph them.
does not endorse traders or commercial products, or offer
instrument-specific trading advice, or recommend specific trading system
parameters, or tell people what they should do or publish the identity of
FAQ Ground Rules
Tue, 2 Sep 2003
Austin Texas Intentional Community
I wish to participate in an intentional community, but, upon inspecting the
Trading Tribe Directory, I do not see one that is near my location. Please
let me know what the next step is in starting an intentional community.
On another note, I noticed a few minor grammatical errors while reading
through the Trading Tribe Process page of your website. I thought you might
like to be made aware of them. They are as follows:
In the 3rd sentence of the 5th paragraph under the "Methods"
heading, I believe you may want to replace the word 'communicates' with
'communicate'. In the 6th sentence of the 7th paragraph of the same section,
you may consider substituting the phrase 'the feeling' for the word
'feelings' after the comma. Under the heading "Getting to the Zero
Point", you might take a look at adding the word 'so' to the end of the
first sentence of the 6th paragraph of that section.
Hopefully these suggestions help you to make the document slightly clearer
and / or easier to read.
Thank you for bringing the TTP to us through your site. I am a babe in the
woods with it thus far, but I am already gaining insight from the change in
perspective I experience simply by reading the FAQ. I look forward to many
enlightening exchanges with you and the rest of the worldwide intentional
community in the non-existent future.
are on the directory page.
Mon, 1 Sep 2003
I have a big "AHA" happening!
In the past I have had strong "feelings" about my trades! It is
strange because my "AHA" is the opposite of what I thought it
would be. It (the "AHA") is me being in an almost totally and
absolutely emotionless state. I thought the "AHA" would be
something different or just images or things or thoughts. The
"AHA" if I could describe it is just "Nothingness".
I have to admit there is an eeriness to this "AHA" in that my
trading mind is now open to any kind of price move. I would rather not
expand upon this publicly. Too depressing.
When I think about trading now my mind automatically goes into a machine
like state. I don't feel the same anymore when I think of the market? In
fact, when I think of trading now, I don't feel anything! Is that possible
... It is not normal for me? I think I am getting to the root of most of my
trading problems that I have discussed with you in the past few months
through e-mails (Re-BUY, Predictions, etc.).
The words "Trading Machine" keep going through my head.
Many feelings and beliefs about trading, investing that I have learned since
I was young are changing. I feel like some learned ideas are now dissolving
in my mind as far as they relate to trading. My trading has become more
"machine" like lately and I have had astounding results.
For some reason a song about John Henry I learned in grammar school has been
going through my head in the last few weeks. I learned it like this:
"Well John Henry told his captain....
That a man ain't nothing but a man....
but before I let that steam drill beat me down ...
I'm gonna die with a hammer in my hand..."
if you have no conscious trading system, you might still be acting like a
machine, carrying out your trading, and other activities, according to
Fred's mission to get you to experience things.
your system consciously, committing to stick to it, and accepting the
feelings that come up allows you to transcend your own machine-like
feelings of needing
hold on to the past.
Mon, 1 Sep 2003
Thank You for your excellent site and help.
I trade for
several years now. I like to follow
trends. Basically I watch consolidation patterns in prices and buy or sell
in breakouts. I had an awful 2002 year. The worst thing was not loosing
money but the realization that I was right on most my trades and still
I realized that
something was wrong and that “something” was risk management.
I was placing to
many efforts in the entry method and paying no attention to managing risk. I
discovered position sizing methods and increased the confidence in placing
and executing stops with no second thoughts. I also increased the number of
markets I trade. It was a big discovery for me.
My trading results
and my confidence increased a lot since then. At the same time I discovered
trading systems. It was easy to understand that a trend system can be
profitable, because my own method, although discretionary works like many
basic trending systems. Presently I stick with my discretionary entry
signal, which calls me not to act on all breakouts that I see. The reasoning
is that my own “system” has a good historical win/loss ratio so I have
no real reason to change.
But after learning
more about systems I feel strange (or should I say insecure) because if I
were trading a system I needed to act on some breakouts that I’m presently
leaving aside. I have impression that one of us is wrong.
Although I realize that the entry method is the least important aspect of my
trading it is starting to have an effect on my emotional stability. It
sounds a little bit like drama doesn’t it?
Sorry for my English, thanks for listening and also, could you please
explain better the SVO-p grammar.
present, your overall system seems to include trading two sub-systems and
guessing which signals to take.
might apply the process to your feelings about choosing, making commitment,
taking risks, etc.
grammar means Subject - Verb - Object - present tense.
grammar supports staying in the now and is consistent with trend-following.
involve a lot of drama.