Anthony Robbins - Neurolinguistic Programming (NLP)

Quote from dealova:

Can we learn the NLP by reading the books, purchase CDs ? Or we should attend their live seminar as well ?
Whatever course you choose, I cannot overemphasize the critical importance of spending large sums of money.
:D
 
Quote from Thunderdog:

Whatever course you choose, I cannot overemphasize the critical importance of spending large sums of money.
:D

True... the more it costs, the more valuable the lesson...
 
LOL! Let me form a cult, please fork over everything you have:) The less you have: the more you can concentrate with your effort.
 
Quote from Grob109:

for Lo's perception of anxiety.

....So the heart rate and pulse monitors on the successful currency traders displayed just a perception? Their heart rates really didn't go up, Lo just thought they did?

My question still stands. Does NLP cure traders of fear, uncertainty and doubt - the most overarching and pervasive emotion among traders. .... the one that causes the most entry and exit errors.

I don't care about it for any other reason than that.
 
Quote from 25grand:

Quote from Grob109:

for Lo's perception of anxiety.

....So the heart rate and pulse monitors on the successful currency traders displayed just a perception? Their heart rates really didn't go up, Lo just thought they did?

My question still stands. Does NLP cure traders of fear, uncertainty and doubt - the most overarching and pervasive emotion among traders. .... the one that causes the most entry and exit errors.

I don't care about it for any other reason than that.

I am sure Lo was in a trading room while doing his stuff.

He is detecting a lot of things with the currency traders. His recent writeup in Forbes was interesting an I'm sure he has a steady clientel.

I understand your viewpoint regarding traders and their wanting cures for various things.

Your interest in fear, uncertainty and doubt is very very important. When it is in the space there is (are) major reasons.

Certainly, its present is a causal factor in a lot of ways. If entries and exits are important then having anyone or all of these emotions present for the reasons that they are is a major thing to be addressing. They are preventing things from happening by doing their individual and collective best for their host.

You are focussed on being sure that these emotions are absent when entries or exits, or anything else for that matter is going on.

This is not a pep talk consideration and having Tony in the room may not be too helpful. Having Lo recording your behavior may also not be too productive.

I don't do fear, uncertainty and doubt. And I am considered by some who know me as the most "steely" (their term) they have every seen at a time when they feel the market is going to hell. Those who just get to hear me (Paltalk is available) sense that my voice is calm and steady as they hear it repeatedly. Those I mentor have a much more comprehensive view of my makeup nature and my Sharpe ratios.

So you will be pursuing getting the low down form Lo. You will check in with a lot of people who have these traits: fear, uncertainty and doubt. I have seen a lot of different people over about 50 years and I have been in places where money is being traded.

I have seen a lot of people like what you describe and what Lo is measuring and commenting upon and running a consulting business as a consequence.

When a person is glued to the screen and he is in the state recorded by Lo and when the characterization of the situation is characterized as fear, uncertainty and doubt, I would simply take the person out of that state immediately and go through a process so that it never happens again for that person.

where that person is is destructive to him and is something if allowed to continue will not end happily.

It is unproductive to everyone involved. Lo may not know that but maybe you do. I do not know and it doesn't matter.

I am simply stating that fear, uncertainty and doubt are not part of successful trading and do not fit into the picture when trading is going on.

My alternatives are different and they do not include fear, uncertainty and doubt. Anxiety is not a thing that should be measurable in the space where any person is trading.

This is the psychology forum and the thread is NLP oriented.

My take is that you are dealing with fear, uncertainty and doubt in your life and probably in your trading. It ain't in mine and those I work with do not go there either.

It is to be avoided and moreso it should not be appearing in the space along side what must be in the space.

My view is to put in the space what belongs there and to have well understood what, how, when and why everything in the space is handled.

When monitoring markets, a person goes through handling ever increasing amounts of money and the person makes more and more money as time goes buy. He is fully emotional about it all and is what I call very "comfortable" about the arrangement. It gets to a point where he is running money velocities that are well beyond the life style requirements of any life style imaginable.

So Lo is doing measurements in another setting we both agree. It probably would be informative for him to check out a full range of settings.

My explanations to you are not what you want to hear about because you only have one interest.; you clearly stated it. What would happen do you think if you decided to get rich and get rich in the shortest time possible? You sure as shit wouldn't be working on fear, uncertainty and doubt.

I never work on fear, uncertainty and doubt when I am spending time with anyone. It is not in their interest.

I had a first round with a person last week. He flew in from _____. You can fill in any place in the world. I glanced at his trading business plan which was completed by an accountant according to the outline I use. I noted the equity curve for the last 12 months in the history section.

Day one we made four videos tapes as the market unfolded on the recording. I went as far ahead of the market as 20 bars on his trading fractal. Before the session ended we were slaloming laterals and pulling all that was there less the spread on extreme turn values.

fear.......uncertainty....and doubt ....... were not in the space.

I feel that working with a person on the first day it is important to let that person know exactly what is going to be going on ahead of time before we have to deal with it when each thing comes into the space.

more..
 
Lo as a Sloan Prof was a little selfish if he wasn't letting the traders know what was coming up as he measured the BP as a correlating thing with anxiety, fear...uncertainty....and doubt... I run at 125/78 without fail all day long and for about 50 years with one exception. Recently, I was given meds for several things and they wrecked the size of my heart so the values do not seat on one side and I am now off the meds and going to have some implants done in July to replace the wrecked glands.

By the third day of working with my guest, I got to the point of the person more or less telling me what I was telling him the first day and we moved on to how to automate almost all of the monitoring so it generated what was required for decision making.

I will see him in June for five days and he will return for a two month stay after that so he is fully equipped to pass everything along to whomever he wishes.

He absolutely knows each NLP item that went through the pipeline every step of advancement and he absolutely knows that the NLP has only to do with knowledge, skills and experience and it has absolutely zero to do with sensory efforts and the associated feelings that go with sensing.

I admit that he was feeling high for the time he spent (4 hours a day) and the time he did home work (roughly all of the rest of the time sans normal living needs). My local clone also had sessions with him after my sessions.

He is coding a lot of stuff, believe me. He is a different trader, believe me. He is now logging a comprehensive record of what I requested on the sheets I gave him to use. He also has hundreds of pages of my notes some of which are from other mentoring efforts.

I use NLP every minute and it is not used as is stated by anyone else who posted here. I reviewed the three main ways I use NLP (with regard to knowledge, skills and experience).

NLP is not a cure for anything and especially not a cure for rationally generated fear, uncertainty and doubt.

You are very rational to generate fear, uncertainty and doubt. The currency trader was rational to generate anxiety as he monitored the markets he was in.

You and the currency trader are in the same boat.

Fear is a response generated when danger is present. You are in a place of danger when you feel fear. My bet is it occurs when you are trading. If you log you work, read the log and you will see written in your hand why you are in fear. It occurred as you were watching a screen(s).

As you compell yourself to turn around and look along the timeline into the past, you will see the cause of your original fear and then you will associate it with your logged fear. Basically, you do not know what you are doing so far, so you summon up what has protected you in the past when you were doing something equally stupid or worse. Maybe you were upstairs in your room in first form and burning 20 dollars bills out of your dad's wallet and he suggested that you just burn one dollar bills out of your mom's purse instead. Now you may be trading and burning 100 dollar bills out of stupidity. Fear is teaching you not to do this. And it is on the job trying to protect your ass.

Uncertainty and doubt are just fear seeds growing day by day for you on other subjects where you are also stupid.

Lo has no suggestions for you. I do.

You need to let me take you on a trip where I am Columbus and you are in charge of sweeping and maintaining the crow's nest.

I, as Columbus am certain I will not sail off the edge of the Earth. I have a super Volvo Diesel to back up the barque.

Your first job in the crow's nest is to do 100 wash trades. If you can't get back to your original entry price because of profits don't worry; take the trade and just call it a wash and send your mom (not your DAD, he doesn't understand trading) the profits.

The first 20 will be tough and you will figure out soon not to take too long to wash. By trade 42, you will feel your shoulders are not really stiff dead unmoveable wings that lost their feathers (you are in the crows nest and have forgotten about falling off the edge of the earth by now). After trade 50 you are allow to look around for coconuts but be damn sure you are washing every damn time and not taking those profits that are appearing.

By trade 67, you are getting damn susspicious about how you can get a successful wash if you enter at the right time. Okay look up for albatrosses and down for stormy petrels. If you see a bird with a crossed tail feathers tell Columbus to head a little farther north.

By trade 81 you are counting how many more you have to do and this has taken about five days so far (the QM2 and QE2 take a little over 6 days). Draw a line through yesterday and pick off at least 10 along that line alone. Draw a new line out ahead and do every one that crosses for each direction of the cross for today. Go for washes that make a couple of ticks each time and see if you can set a crow's nest record.

At 100 you can say that the earth has no edge to fall off of. And you will not be able to clearly remember .....fear....uncertainty.... and doubt.

Drill two is to enter and then, slowly, look for the best entry in the opposite direction. Stay in the original entry until you a damn sure the one you have found is really super, then take it right after you close out the prior entry. Do this 100 times and do not exceed 20 times a day. Do this on the way back from the Carribean. Keep sending the money to your mom. Fuck your dad, he was bugging you a lot about a lot of things anyway.

I know you won't do any of this because you are so fixated on fear and the fear seeds. And, moreso, that they have a cure.

The moral of the story (east to West) is that, you can exit any entry and not fall off the edge of the earth or even have to lose any money. And not so important (West to East), almost any entry will make you some money despite yourself.

There is another trade that is fun because it is a no risk trade. Speaking for Columbus, "I always take three boats on long trips and I know all the birds out there." Wanna see my pic off the Hudson trench of two birds flying together; one is from the arctic and the other is from antarctica. Nitro will think I faked the print...lol.... I was with leaf erikson at the time and the arctic bird had a hardon for his red beard (a nesting instinct).


Skua for those who are curious.
 
Quote from Grob109:

Do this 100 times and do not exceed 20 times a day.
Grob109,
I feel that you mean well with the exercise you gave, and I respect you as a trader BUT the general undertone that I perceive of it (correct me if I'm wrong) is that this excercise will encourage people to have the "click, click, click" mentality long term. This excercise will logically create in people the desire to overtrade = poorhouse. It creates a dangerous precedent.
IMHO 100 trades should take 3-5 months not a few days/weeks (as it sounds like from the tone of your post), because the training session you advocate will be continued on in the trading arena. If someone is clicking 20 times one day (because they are in "training") it will be hard to click just once or twice when the "training" has ended. Better to learn the virtue of patience rather than the thrill of the chase.. A trader should learn to wait all day long if neccessary and master fear/greed that way. Did Buffett et. al. made it because of the "click, click, click" mentality? Not. Yet the excercise you advocate is encouraging that to some extent.

Fact:
Google day trading: 113 million results
Swing trading: 11 million results

What do the market makers want?

PS Why 109 in Grob109? - http://www.astrologyforthesoul.com/vp/mysticalnumber108.html

the SPeCIALISt
 
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