from Ed in Red)
Sat, 13 Sep 2003
Ed Wrote: You might find some joy in the process of
allowing feelings and markets to come and go as you experience them.
Going with the Flow - works with the markets - and works with feelings
I even notice that there is synchronicity between markets, universe and my
life events. I still have some unresolved issue about being a victim of fate
and I carry this drama into my life. I have some experience with
mysticism and I seem to have a great sensitivity to this synchronicity.
The problem is
that I still feel like a slave of fate, sometimes anticipating events I
apparently cannot escape from. I know though that, ultimately, I am
making the choices both in the markets or in my life that determine my
future. I also know that observing is not the same as participating in.
might take your experience of slavery into TTP and see how it resolves.
be a form of slavery.
Sat, 13 Sep 2003
Completion and maintenance of achievements is something very boring to
I jump jobs,
relationships, books and trading systems, when I am just a step from
success, with very few exceptions. I crave for the challenge of the endeavor
and when I feel I about to achieve success I jump it and search for
and making the effort to keep it, feels like something very boring, dull or
tedious I shy away from. It may be a new relationship with a girl, finishing
to read a new book, persevering in a job or just completing the routine
tasks of a trading system and sticking to it.
I feel quite
frustrated in the process but it seems that I just can't help myself from
repeating it over and over again.
might consider taking your feelings about completion into TTP.
you dissolve resistance to completion, you might find yourself completing
be the beginning
the next cycle.
Sat, 13 Sep 2003
I am looking for a CTA program that is professionally traded for me. I reach
you from another web site link. They say they only offer classes. Any help
would be appreciated. Possibly you furnish such a service with there
philosophy and similar results or can point me the right way.
Thanks so much!
does not endorse products or services. See Ground Rules.
Date: Fri, 12 Sep
First let me say thanks to you for your efforts with the FAQ pages. I've
been at war with FRED for as long as I can remember (perhaps this is
what initially drew me into trading), but through reading & thinking
about what is said here I've begun the process of becoming more self-aware.
As I'm making an effort to experience my feelings, I feel myself becoming
more relaxed and generally happier. I don't want to congratulate myself yet
though, I'm afraid that if I get too comfortable I'll fall back into my old
My question has to do with the feelings of boredom and impatience
that seem to come with following a mechanical long-term trend following
system. I am thinking that an effective way to deal with this may be to
allocate some funds to a smaller account, which will be used for my 'gut
already began trying this, and so far it has kept me from wanting to tinker
with my mechanically traded account. Of course, my mechanically traded
account has been doing well with the recent uptrend in US Stocks, so my
confidence in the approach may just be highly correlated with the results.
Do you think
this is a sensible approach for wanting to get some level of excitement
& personal satisfaction from trading?
Again, thanks for the FAQs & all of your insight.
sounds like you ask if the way to stay on a diet is to eat just a little
you ask if the way to stay faithful in a relationship is to cheat just a
suggests that you take the feelings of boredom into TTP and find the
Fri, 12 Sep 2003
Understanding of TTP
I had an aha moment last night whilst taking to my fiancé, we spend till
the wee hours in the morning placing this out ... here goes:
Your CM connects to the other persons Fred to communicate to your own Fred
to feel or connect to the other Fred and just be on the same level.
Question: What is the possibility for your Fred to connect to "under
Fred" to all successful traders in the world and be successful
talk to Freds on the Under Fred Network.
talk to CMs through conscious language.
Fred communicates experience to your CM. To the extent your CM is
willing to listen, it can help your Fred deal with recurrences of the same
type of situation.
the Trading Tribe Process, above.
Fri, 12 Sep 2003
My experience while receiving you in our current task rings the same bell in
me as an issue I've been exploring with Ed's help.
As I explore some of these feelings, as suggested by Ed, I notice that
gambling tendencies prevail in my trading and that, although this is
probably more than I am willing to admit, trading in a systematic way and,
yes, for the purpose of making money, feels like a very boring task.
Perhaps we might help each other experience these feelings of wanting to
figure things out and boredom.
|Thu, 11 Sep 2003
Adding to Positions
I've been a survivor for years trading trends, making a decent return but
not a great return. I've been thinking it is because I don't pyramid
positions. I just get in on my trend signal, and get out on the exit signal.
So your FAQ comments about adding to positions is very interesting. Perhaps
I could judiciously add to positions after they become profitable. The risk
is I then have more break even trades if a trend fizzles right after I add.
I would be waiting for those few monster trends to make up for it.
Have you seen this general idea create inclining equity curves?
Seems that huge leverage might be one of Fred's high wire trapeze acts.
you remove the emotional component, say, the excitement of pyramiding, from
your trading ... you can back-test various entry, sizing and risk-control
Wed, 10 Sep 2003
participate in a TT, I e-mailed the contact for Manhattan. No response in
two days triggers disappointment.
fades to impatience and I wonder if it no longer meets. Odd, as I write this
I feel loss, no it feels more specific, rather a recognition of the long
standing absence of such a tribe - trading or other - in my current
family. Sometimes extant with friends. Mario Cuomo in a 9/11 documentary
(one of many collective reflections on loss/absence emerging these days in
NY) mused that we need to do two things: treat each other well and work
together to make the experience of life better for everyone. Sounds like TT
If any Manhattan
tribe members read this please contact me. If no longer active, I welcome
the opportunity to host a
you wish to start an Intentional community, in Manhattan, or elsewhere, see
Tribe Directory, above.
9 Sep 2003
Fred likes to break even. Today I had a clear opportunity for a big profit,
or a big loss, or breakeven. Fred did his calculations and put my stop loss
for a breakeven. And it worked perfectly. Fred missed the big profit, missed
the big loss.
I'm convinced Fred can glance at the daily P/L, the open positions, the
market and instantly calculate the exact way to break even, as easily as an
idiot savant Rain Man can count spilled matchsticks.
What does Fred want me to experience? This is not the first time he's
Breaking even is a comfortable feeling
breaking even seems comfortable, I wonder how you might feel about winning
and losing ... and if you are willing to fully experience them
way to find out about your affinities and aversions about winning and losing
is to consider announcing them to others.
might consider placing a sign in your office or on a T-shirt ... and notice
any feelings that come up about doing so.
you locate any resistance about proclaiming your feelings, you might take
that into TTP.
an office wall
Some people have
strong feelings about winning and losing.
Tue, 9 Sep 2003
I'm seeking your thoughts on adding to positions, if you're willing to share
On winning positions, I'm struggling with the trade-offs between the rate
of adding contracts, moving the old stop-loss and the new total risk on the
Assuming that you
want to give the market some "room to roam" (say, 2 days' average
true range) when placing a stop, then you substantially increase your risk,
not just to "open" equity but to your equity prior to the trade.
Say beetle-juice is trading at 100 and has an ATR of 1. You buy a contract
at 100 and place a stop at, say, 98 for 2% risk. The market rallies to
100.5, so you add 1 contract and place a sell-stop for 2 contracts at 98.5.
Your new total
risk is 3.5 (2 on the second contract, 1.5 on the first). Should their be a
one-to-one relationship between the market movement required to add to a
position and the distance to the stop loss? What's your philosophy on this?
Any thoughts will be gratefully appreciated.
up to your risk budget, not on top of it.
formation lies 33 miles northeast of Sparks, Nevada. The pyramid, projecting
out of the lake near one shore, is actually quite small in relation to the
Tue, 9 Sep 2003
Are you doing any marketing for your TTP workshop? I think you could boost
your registration numbers by advertising in [XYZ].
[XYZ] is an email newsletter for financial executives. Each day, over
[number] venture capitalists, investment bankers and CFOs rely on our lucid
briefing of the industry’s news. [X]% of our subscribers are VP-level or
You can reach decision makers by advertising with [XYZ] in three ways:
1. Send your message to all [number] subscribers with a high impact email
2. Weekly sponsorships provide exclusive, top position advertising in our
3. Event or marketplace text listings.
For an example of some of our work, see [examples].
Check out our Media Kit for more details about subscriber demographics and
Let me know if you have any questions.
Take care,I li
an association of traders
commit to excellence,
supporting and receiving support
like to keep "marketing" in line with the rest of the operation.
this point, I feel it is already at the correct level.
Adding More Air
A group of young
scientists designs a test to determine if an inflated balloon weighs more
than an un-inflated balloon, without using a lot
of expensive equipment.
Tue, 09 Sep 2003
I appreciate your site.
I'm in reality a
passive-aggressive type most of the time (although I have the skills to
charm if I concentrate well enough;) ).
My story of being
weird goes way back to my childhood, when I would be punished unfairly by
my toxic father for me showing any stronger emotions.
When I got angry
or resentful: BAM! Said something stupid (quite often my words were
misinterpreted): BAM! Even If I didn't do anything "wrong" I would
be threatened that if I did, well: BAM! I would be publicly embarrassed
relatively often I was terrorized when I stole a little ball from a shop one
2 years later
(read my lips) my father would come up to me and said he was sorry for
hitting me so hard. He eventually died when I was still very young (I think
his nerves ate him alive), so there was no chance for me to resolve the
problems between us.
My mother was no
emotional support, she admits she's too weak for that. I had not much of a
choice so I dealt with my emotions by myself. I was an under - achiever at
school, didn't have great relationships with larger groups, especially
teachers and got into trouble easily.
I really would
like some sort of help from you Ed, you seem to understand all this.
Besides joining a
tribe, is there something I could do to get to know myself better and get
rid of the ANGER in me? To be honest, I've done a good job in fixing
myself but there are still a few bothering leftovers. Do you think I
should see a shrink?
PS. my trading is
may be no way to solve and re-solve the differences between you and your
is, however, a way for you to experience your own feelings about your
father, by dis-solving the resistance your conscious mind (CM) has about
receiving communications from Fred.
rid of anger is not the intention of TTP; accepting it, experiencing it
(different from acting it out) and appreciating its positive intention is
does not tell people what they should do ... see Ground Rules.
Has a Positive Intention
than acting it out,
you free from the drama.
Mon, 8 Sep 2003
A Statistics Website ...
...you might have use for ...
... or which might tempt you from your real work ...
for citing the stats on the stats site.
Sun, 7 Sep 2003
Copy of some Email
... I am again trying to locate the issue about me being a bit laggard in
execution and I think that we'd better follow through with an issue I
started working with Ed. Also, you might take a look at September 1-6 FAQ
pages as there are a lot of interesting stuff related to our current task.
You see, I crave for wild action and I am unable to tolerate boredom and
so I postpone completing or executing simple tasks, such as keeping a
trading plan, executing trading signals in a timely manner, or doing a
might like to explore a couple feelings with your receiver:
wanting to figure it out.
a Long Term
there nothing to figure out
Sun, 07 Sep 2003
Here's a quote from a trader that I found interesting:
"For those using intraday charts, by the time they see an uptrend, it's
obviously partially over. And by the time they recognize it has ended,
you've given back part of it. What's left in between can be quite paltry if
successful in an intraday time frame. If unsuccessful, it can be quite
costly." - Old Trader
While I was reading this statement, I found myself thinking: hmmm??? It
struck a chord inside of me.
I felt my head resonating and ringing as if it was a vibrating siren. As
this feeling softened, I found myself wondering: Did this statement serve as
a warning that set off alarms inside of me?
At this point my mind feels cloudy and weighed down. There is pressure
and it's causing confusion.
I'm trying to clarify my thoughts. Ultimately my goal is to grow my account
in an efficient way. Trading frequently will satisfy my urge of activity
but as you've said before: "Profits tend to roll off at higher trading
statement, "pressure causes confusion," implies causality and
"I feel pressure and I feel confusion."
track both feelings with your receiver.
... another is to
experience it fully with TTP