zdo

Application Process is now closed. Thanks to all who applied. Notices will be going out within the hour. (PS If you have a change of heart btwn now and Wed. you might try asking Rande directly via PM if he can allocate more openings.) All the best, zdo

No more applications will be taken after 11 AM EDT today (Mon 10/17) For the last minuters and fence sitters - that's about 30 minutes from now

Scheduled Bump Application process open until Monday. If you need some work at this level… All the best and Have a great weekend all zdo

Will stimulus ever work? So far the only places it ever worked was in a mainstream economist's head or an insane politician's gut... The fed has been 'stimulating' since its inception in ever increasing degrees - and the ones it has ever worked for at all were the very first recipients of any new money... didn't really even help them in the long run... 'banks' were the first recipients of last major stimulus and they are ultimately in the same mess as ever... The federal gov't has been 'stimulating' state and local gov'ts in increasing degrees for decades now (to centralize more power) ... never worked yet You Know That Your City Has Become A Hellhole When Here's what happened when they 'stimulated' education http://www.zerohedge.com/news/student-loan-racket-complete-infographic

This is a very typical question for trading forums :rofl: Comes up all the time... It is a neurological condition. ie it is physiological, not 'psychological' per se. I don't think it has an official medical diagnostic label like the visually oriented conditions (macroscopia, etc.) but its occasional occurence is not that rare It's correlated with fevers (current and in history), certain types of migraines, epilepsy, schizophrenia, brain damage / trauma, drug (both prescription and 'recreational') interactions, and in rare cases, brain tumors. You're having some capacity to 'meditate it away', narrows it down some for me to migraine (whether you have other 'real' migraine symptoms or not) or low level brain damage from fever - but doesn't exclude the others!!! ie don't ignore (painful or subtle) symptom clusters... hth

xkr1962, Everyone on the planet trades patterns. There is no away around that. I'm guessing littlefish was discussing a class of emergent episodic duplications that do appear for a certain duration of time then recede into obscurity again. These emerge in all types of market conditions. They're bound to the larger context, of course, but it's not readily apparent. Let me also guess - you're into 'trending type trading' ? And you were overlaying your context of trading with your proven public or proprietary patterns onto what is truly another world. When the opportunity and challenge of trading these 'disappearing' patterns presents, a large subset of traders naturally and wisely settle on standing aside, "patience", etc. Another subset naturally does not settle. One way is not right and the other wrong. It would be disastrous for the whole population to try to capitalize on these transient patterns, but it is not wrong for traders with certain perceptual slants and proclivities to capitalize on them. With, and only with, the correct understanding of context, trading them is as normal as trading more enduring patterns. If you're not familiar with that, then maybe it's you who hasn't been looking hard enough. - razz shooley it's about time you participated again ...looks like you got a bunch of traders pulling for you... all the best.

"just saying you are wrong" is the essence of arguing :helloooo: OK you be right and I'll be wrong. It's settled for all to see and apply going forward. All those patterns on those decades of data never had any dry runs... in fact, they never failed even one time and btw a bonus - that proves they never will have any dry runs or even one single failure to perform

the 'perfect repeatable setups' repeat until they don't - and then they do again yes, even the 'perfect repeatable setups' that even applies to the best 'perfect repeatable setups' in the whole wide world the point was to keep them sharp and ready instead of discarding them when they have declines in applicability... Linear ... non linear, logical... non logical whichever... no sense arguing...all the best to you

Scheduling note: Will also send individual notifications to all applicants midday Monday 10/17 App quality is prime, but timeliness may end up being pivotal near the end of the window... plan accordingly.

macd, When faced with a certain threshold of uncertainty, the untrained brain switches modes. ..."fear is a Kick Me sign to the universe" in trading and also in activities outside of trading... Rande has studied how our neurology works and ways to train and program it more generally... it's an alternative niche. May change my tune after the webinar, but for now the only benefits I see to him having trading experience would be easier rapport and more credibility with traders... and I personally don't need either of those things to open to this horizon. A sports example: Both are important - but in tennis, right now I personally would value someone who could help me attend correctly when I'm tired and winded and starting to tense up and over compensate, etc. more than I would value someone who could tell me exactly how to improve the 'bio mechanics' of my strokes. See the similarities to trading? zdo

littlefish, That’s a priceless post. First, I'm with wrbtrader. Where can I find a broker who will pay me to spread this foolish advice that they know doesn't amount to s***? ...A few alternatives to your insights... re “why would it matter? Just add 0's.” If only !!! Each person’s 0’s have a quantity threshold. It’s definitely uncomfortable and it’s not ‘fashionable’ advice, but each trader needs to find his or her own threshold as quickly as possible and then begin moving it. The really best way to move that threshold is to operate just beyond your current scale threshold…(and throw in a bit of ‘psychotherapy’ as needed.) ... more of it's definitely uncomfortable. So, ( and I hate to be a thread buzz kill but have ya'll noticed shooley is most likely just just plain gone now or he didn’t find an introject object here or whatever - but for other readers in similar situations) I would suggest moving the whole ‘3000’ to Oanda and sizing appropriately, rather than just sitting on it… On to “I've found perfect setups that work with supernatural accuracy for about a week or two and then become as useless as flipping a coin just long enough to destroy what they produced. Some of which have very sound reasoning behind them too.” … more priceless posting. In courses and on forums, all the incessant “follow the plan” advice is about being a ritual maker and follower. Instead, I think we need to learn to be ritual breakers instead of a ritual makers… Reminds me of some nonsense I started at http://www.traderslaboratory.com/forums/trading-psychology/10205-i-m-so-mutable-i-have.html …while storing and maintaining those perfect setups at the ready like you would lay up a fine tool or instrument of course…

Eric, Are you looking for sets of pairs to spread that are pretty highly correlated on daily ++ timeframes / charts but not so much on less than daily timeframes? Current example would be GBPUSD and EURGBP... Thanks. zdo

:spam: Scheduled bump It wasn’t seen as important to the ‘wizards’ author, so it never got much attention in our (wonderfully helpful to all) stock paradigms of trading success but ----- It is more than ok for a trader to be emotionally intense! However, it must be accompanied by EQ / high awareness. How Emotions Fuel Good Decisions - Andrew O?Connell - Harvard Business Review http://www.affective-science.org/pubs/2007/seobarrett2007.pdf

Negotiator, Great post. re Metaphors … I like a spinning top metaphor, wobble and end dynamics, etc… a spinning top accelerated by ‘printing’ and fattened and heightened by derivatives, etc. Domestic and international dynamics “makes it much harder to notice what is actually going on. … the money system is like a treadmill that requires continuous economic growth, even if the real standard of living remains stagnant. . . . This need for perpetual growth is another fact of life that we tend to take for granted in modern societies, and one that we usually do not associate with either interest or our money system” Nystrom ‘They’ will not “change their approach” ever. Money inflation, stimuli, however it’s couched, is beneficial to them. We are the ones who must change their approach – not by modifying the existing fiat money systems but by replacing them completely. Thinking and working (with them) in the consensus world view only prolongs their regime and intensifies the ultimate pain to the many… each of us either supports the spell casting or we don’t – period. We each assent to the consensus and ‘label’, etc. anyone who threatens that homeostasis, etc or we do the opposite. There’s not much middle ground really. Beware ‘conservatives’ of the current system, the current constitution, etc. The current system was a great try, but it was structured and morphed to let ‘maritime law’ etc etc slip in, - > yielding gradually snowballing corruptions ... Have you read up on Austrian type economics, Mises, Fakete, and more currently, the foundational works of Casey, Amerman, Gnazzo, Kirby050206Graft, Schiff, etc? zdo

Thanks. That clears it up for me. Will await Tim's interpretation... because he is onto something --- whether we're getting the 'stats' right or not :haha: "...half the game is 90% mental..." yogi beri

Scheduling Info Webinar dates and times: Four straight Weds 10/19, 5:30 PM EDT 10/26, 5:30 PM EDT 11/2, 5:30 PM EDT 11/9, 5:30 PM EST Scholarship apps: I'm planning to have my part of the roster set by around 3 PM EDT Mon. 10/17/11... with the apps ... it should go without saying ... the sooner the better As much as possible let's leave this thread as an announcement only. Please post questions and comments in the other thread at http://www.traderslaboratory.com/forums/trading-psychology/10920-webinar-scholarships.html Thanks.

TN, as a performance worker who grades self by how many ticks I took from the number of ticks available, I can totally relate to how he could ‘only’ give himself a 90 with a monthly roi of 10%... even in the few months where I’ve had way way over 10% roi I never rated myself higher than a 93 Stable 97+ is my goal - which would consistently include attaining the potential of both stupendously high financial returns and flow / ‘effortless’ high performance Negotiator, could you clarify / restate / expand on that please? I don’t quite understand what you’re saying… Thanks.

...more truth in ‘advertising’ ... I am not a client (at least not yet) I have read and reviewed his first book (at http://www.traderslaboratory.com/forums/book-reviews/9246-mindful-trading__mastering-your-emotions-inner-game.html) and most of the articles he has published herein. I have also asked him some questions here on TL. That is the extent of my contact with him. While I have suggested to him that spending some time actually trading would vastly improve his rapport with traders, I did not, within that perspective, suggest that trading experience would improve his ability to help traders progress. In every performance ‘game’ / work, while they have coaches who have previously mastered the art, they also - at the highest levels of every performance work - engage specialized coaches who can assist in raising the ‘mental game’ without knowing much at all about the specific operational skills involved…this is an opportunity to expose yourself to that kind of coaching and improve at those levels. Why am I promoting this webinar? Fear. Whether it is episodic or habitual, fear degrades ‘options awareness’. It interferes with choice. It lowers the level of performance in a ‘performance’ world. Without using the same terms, they are talking about the same basic thing over in the most recent posts of http://www.traderslaboratory.com/forums/trading-psychology/1202-95-traders-lose-stat-misleading-9.html right now. A trader’s ‘markets’ must remain a ‘good’ kind of unpredictability and mystery and there is only one way that is possible – in neuro terms, both amygdales must remain oriented to opportunity instead of possible threats ie in ‘effortless’ high performance the neuro system and peptide 'juices' must operate in an absence of fear I deal with my fear by capitalization and never letting any single position go into size or adversity to where it ‘hurts’. I have self congruent edges and multiples more position / screen time than whole groups of our noobs combined, BUT if I had to start with a small account I would have the same fear obstacles poorly capitalized noob traders have. My almost 25 years of perseverance in this field is telling you: Regardless of current experience and performance levels - those who man up and avail themselves of this opportunity will be glad they did in the long term.

My interest is in benefitting traders, not marketing. If the site allows this, many thanks. If not, so be it. ... and Rande is aware I'm doing this ... just to keep everything above board... Thousands and thousands of traders out there who put thousands and thousands of hours into method / edge / market reading... this is a chance for a few of them to complement all that work with a few hours of self development work.

gosu, Rande could also offer you or others a scholarship if he likes...maybe PM him if you don't like the idea of 'jumping through my hoops' ... hope he is applying the same criteria I am - applicant's real interest and need and not the promise of a testimonial... zdo

Thanks. A couple questions Why are you using the term ‘hedging’ instead of ‘spreading’? Does your work include consideration of which pair (or instrument) is leading? Example: EUR and US indexes are directionally correlated – but which one is determinant / leading? Tranfer same ? to the correlated pairs.

Guest Post: The Uncredible Dog And Pony Show: Merkel And Sarkozy | ZeroHedge On an unrelated note, (see arrows on attached) I'm still confused by the 'unannounced' and so far even more effective pegging of the USD and JPY which occurred almost a full month before the 'announced' pegging of the CHF and the EUR. Insights, understanding anyone???? Thx.

“a good place to start may be to demand more personal freedom while curbing the rights of multinational corporations and the government itself.” Obama and Congress ARE Wall Street, Geithner IS the Federal Reserve - Now What? - BlackListedNews.com Protest is conflict manipulation not resolution. Resolution requires a creative act (whether preceded by a destructive act or not)… so a good place to start may be to demand and create more personal freedom while curbing the rights of multinational corporations and the government itself… the previous constitution left too many backdoors available to those who would encroach on individual sovereignty... and individual sovereignty is key to humanity’s maturation out of ‘childhood’ re "How does the general population get the government motivated to make good changes?" ...several of the founders realized once statism encroached too far, a host of individuals would have to tear the existing gov’t down and create a new one.

You are invited to apply for a full scholarship to participate in an upcoming 4 session trading psychology webinar with Rande Howell. If you are interested, please return to me., zdo, a 1 or 2 paragragh (ie very short) description via PM of your need to work on your trading and self at this level. Also address your level of commitment to completing the course. This offer is open to traders of all levels of experience who see value in including non trading methods work in their development as a trader. zdo Note to admin: Please allow the one duplicate post found at http://www.traderslaboratory.com/forums/beginners-forum/10919-webinar-scholarships.html and / or move the first thread to announcements. Thanks.

You are invited to apply for a full scholarship to participate in an upcoming 4 session trading psychology webinar with Rande Howell. This offer is open to traders of all levels of experience who find value in including non trading methods work in their development as a trader. If you are interested, please return to me., zdo, a 1 or 2 paragragh (ie very short) description via PM of your need to work on your trading and self at this level. Also address your level of commitment to completing the course. All the best, zdo