laurus12

Hello, Does anyone have an updated link for the MostMarketMoving.pdf file? Alternatively if anyone would care to upload it somewhere and share the link it would be most appreciated. Thanks, Laurus

Hello Ingot54, Big time thanks for making me aware of The Daily Bell website! (post back on November 18th, 2012) I read the articles whenever I have the time. Really good stuff for thought. I believe it is important read for all of us no matter which country one are living in around the world. Laurus

Thank you very much Curtis. Looking forward to going through the webinar. Best regards, Laurus

Thank you Curtis for doing this. I noticed the posting too late. It would have been great if a recording became available. Thanks, Laurus

I liked the expression "This mindset needs to be flexible enough to let the market move and breathe". Says loads. Thanks Johnathon. I've added it to my words of wisdom list. The real trick is to not force anything onto a market. It's just like how we abuse each other as human beings. Forcing a personality trait upon another person so it will almost not be able to breathe. The reason off course is that in our current society's ego state we have to force something onto everything around us so that we ourselves can have some disillusionized sense of security. In the extreme, take for example a low breed psychopath. If he or she needs to and get the opportunity, he or she will in the end make you believe that you are the Easter Bunny. Doesn't matter if it is the truth or not as long as he/she is feeling safe with that illusion in that low breed brain of his/hers. Anyhow, just as this is preventing us from seeing who our fellow beings actually are, it is also preventing us from seeing what the markets are actually doing right now. In my opinion this is THE key to the actual holy grail of trading. That is, in our selves off course. :thumbs up: Laurus

Good to hear . In my opinion Trading by the Gut is a clear and easy to understand book. What I like about my trading psychology books is that they cover different aspects and at the same time on certain areas complement each other. Regarding The Eye Never Sleeps I have come to love it. It has really made an impression on me. To me this is the kind of book which I am going to reread many times. Some days ago I found five interviews with Mr. Rande Howell at MoneyShow.com on YouTube. I think what he says goes pretty well hand in hand with the books discussed. I am quite impressed by the clarity and how tangible the information is. The links are: 1. [ame=http://www.youtube.com/watch?v=x0vuAzE5ICE]Mastering Uncertainty in Trading - YouTube[/ame] 2. [ame=http://www.youtube.com/watch?v=L2gWWSIfIIk]Steps for Managing Emotions When Trading the Markets - YouTube[/ame] 3. [ame=http://www.youtube.com/watch?v=sO2VVcozyfI]Achieving Confidence in Trading - YouTube[/ame] 4. [ame=http://www.youtube.com/watch?v=5_l8YjefmKw]Achieving Your Potential in Trading - YouTube[/ame] 5. [ame=http://www.youtube.com/watch?v=NJ5BvhGLSRw]Breaking Through to the Next Level - YouTube[/ame] Regarding Nightmare on Elm St. I know, sometimes it just becomes too much. Best regards, Laurus Edit: Okay. I did not know that the movies would appear right here in my post taking all this space. If kind of too invasive I'll try to post the links in another way.

By the way Tom. If I understood correctly you ordered "The Eye Never Sleeps". How is it going? What do you think? Laurus

Hello Tom, I've been away for some time now and notice that there are some posting that I should be responding to, so I have to get back to that. Just so people know that I do not ignore them. Back to the quote. I reread your text in the quote in the last post by Jay and would like to share some more of my experiences regarding this. To first rephrase my self; In my experience intuition vs. left brain analysis is very much based on in which phase I am in relation to how far I have come in learning something new. For me personally it is clear that if I am very focused on new analysis stuff, there is no room for intuition. The left brain takes completely over. Unfortunately this also affects the parts which works very well from the intuitive side, and it takes some time to get tuned in again, but in the perspective of that everything has its phases this is something that I have come to accept. Another situation where intuition is gone is if I am emotionally unstable and mentally in bad shape where I have the negative kind of approach to trading. Previously in the extreme it could become like "I am #@%##!!! gonna get this market today...". It then became "I" who was going to "take care of this shi...". If you see what I mean. With my experience I have good experiences with being positively energetic in my trading. I am then putting effort into recognizing what my "gut" is telling me, but with negative energy, as in frustration and lack of self confidence, it seems clear that the controlling aspect with this obliterates all room for intuition. Laurus

I'm glad you liked my post Tom I would like to thank you for starting this thread. Unexpectedly it has turned out to be an awakening process for myself. A kind of homecoming one could say. Thanks, Laurus

I would just like to add something of my own from where you ended John. The mind's natural state is neutral and observing. Children up til around five years of age do this naturally. Ask a three or four year old what he or she is thinking, and you will get the answer "nothing". About fifteen years ago I asked this question and got the answer, but then I thought "hmm, but you must be thinking something". I did not understand or know, or had forgot is probably more like it, that children is naturally in neutral and just observing. Today I know that children around five years of age very unfortunately start to be taken over by grownups way of handling things and perceives reality. Meaning the later becoming overgrown ego is starting to take control. One of the pitfalls with technicalities and theory in psychology I think, is when it becomes a technical way of trying to control something that is already control in nature. Meaning one will go in circles. Ego is trying to solve ego, or as if the thief is going to catch the thief himself. It does not work. The mind, or soul, or whatever one would like to call it, have its own way of healing or resolving things if one let it. Meaning not by "going in" with ego, but by letting ego taking a rest somewhere else so that the mind can let things fall into place. And step by step the ego will be resolved bit by bit. Note that I know about and do practical preparations to avoid ego stuff in my trading, but when it comes to resolving things permanently so one can really relax and observe without being afraid of a ghost lurking in the shadows, I refer to the above in this paragraph. This is why I am a strong follower of just practically doing things when things shall be resolved. With trading on the practical side this would just be to practice on what one would like and need to do. And when one realize or understand the mechanism behind the psychology and have experienced the bad results, one find a practical way to resolve this and then forget about the theory. The mind does not need knowledge to resolve things. "We" do until we realize that the solution is to let go. As mentioned not by "going in to" fix things, but by doing something that will give your mind a chance resolve things by itself. When we do this, we start to get quicker, smarter, more creative and so on. The list is probably pretty long. When we are "slow" it is because of our attitude and perceptions, not that we factually are "slow". Laurus

As you know Tom I have mentioned Zen and Mindfulness in my post. And if you have read the page by Dr. Gary you know now that Zen and Mindfulness is related. The reason for mentioning both of these things is that I have been into a phase where I studied so hard that I could not see the forest for the trees. I actually had to ask for help to sort things out. The simple solution was that I had to totally stay away from what I was doing, and at the same time I was recommended reading "Zen in The Art of Archery" and "The Eye Never Sleeps". The interesting and unexpected thing about this is that what I did physically, staying away from the charts, and reading these two books which is not related to trading, is by doing something which was outside of trading learned me how I actually should be when I also was in front of my charts. Meaning detached. Be there, but at the same time not being there. Only in this way can things be allowed to run its course and fall into place where it belongs. This process also showed me that a good mindset with trading can't just be related to trading, it had to be an overall change in attitude which also affects who I am in everyday life. Only then can I genuinely be what I wish to be with my trading. I could have reread "Super Trader" or "Trading in The Zone", but that would have been trading. So reading "The Eye Never Sleeps" actually gave me more in regards of trading than any of the other books could have done, big time. It gave me the freedom to put things upon trading from the outside and still be free. If I had reread the other two books, I would still have my head hard pressed down in my trading stuff bucket. If the things above speaks to you I would definitely recommend reading "The Eye Never Sleeps". Laurus

Thanks for the books John. One of my favorites is "The Eye Never Sleeps - Striking to the heart of Zen". It's a pure Zen book, but indeed very much appliable to trading. To my opinion it is a very good book. It has helped me with both my trading and in everyday life. Regarding my experience with intuition and trading, it actually started before I knew or understood indicators and more common knowledge of structure and so on. So since I was very eager to understand the markets I just sat and tried to figure out price action for maaany hours day in and out. The unexpected result of this was that I later on just knew when a good opportunity came along. Meaning it resonated with something inside of me. To me it is both visual/pictorial and rhythmical, the latter just as in music, but connected to the visual. So this became my edge. But, since I did not understand the overall ecology of trading I did not stick to just that. So many of my other trades became the loosing trades. I then thought and believed that I had to have something more. Mostly thinking in indicator terms, because I still did not understand the overall ecology. Note that I said believed, because it would have been interesting to know how it would have been today if I just stuck to my price action or pattern intuition, and followed a plan with some rules. Anyhow I started to learn about both price indicators and volume. Which actually impaired me, because then my left brain came into play and I lost touch with what I was good at. But then I luckily read Curtis Faith's book "Trading From the Gut" where he explained that this is a phase with stuff you learn. Meaning first you have to do your homework well, and then you can leave it to your "Gut" as he put it. Since I have good experiences with intuition and trading I know today that this is a good way of doing it. I understand this is a way to become a very good trader. So this is what I am doing today to become better. When I am in the process of learning something new I know that I have to practice hard so that I know it is recorded somewhere else, if you know what I mean. Then one can let everything go and trade like the dickens . But, I know that it is then not just to let go, this is a process as well where one have to trust and learn to relax (maybe again) so things can go by itself and be allowed to live on the intuitive side. Laurus

You are very welcome Tom Regarding promoting, I have been under the impression that since I am not a service provider or vendor, but just a student of Dr. Gary it should not hurt that I am sharing my experiences with others. Hopefully I am right. Laurus

As I mentioned in my first post Tom, I would definitely recommend you taking a look at what Dr. Gary Dayton has to offer. You find it here. On the page he writes about what Mindfulness is and how it relates to trading. At the bottom of the page you can start with a free mindful skill builder. I have taken three of Dr. Garys courses and I can honestly say that he is the real deal. A very good teacher. No hype. Laurus

I agree what you wrote, but I also think that trading plan, discipline and money management will come on the intuitive side when one have been through them enough times. Like you just do it out of habit without thought. Your experience with intuition is the same as mine and thanks for framing it the way you do. Practicing Mindfulness is a way to enhance this "space". In his "Super Trader" book Van Tharp talks about a woman in a Mindfulness course that enhanced her trading performance to 95% accuracy after doing this. She had off course a well defined trading methodology in advance. Inspirational I think. Laurus