Quote from ElectricSavant:
Ok, Jack I got a beef with you! You are an eloquent writer DAMN IT....why don't you write like this when talking about trading!!!!!!
Perhaps you had your secretary transcribe this and its not your fault...in that case forget this post...if not I want an explanation.
Michael B.
Hi Michael,
Thanks for your comments and critique. We recently did exchange notes on some trading stuff.
It turns out I am a student of yours. Thus I keep notes on what you do in your four edge strategies that are spread over several independnat markets. They are notable to me because they fit into a trading day independantly and, while the duration of the trades vary broadly, they exist as a comprehensive set that minimizes risk. Their efficiency and performance relative to the market potential for each is at an expert level.
My compute ate the last post I was making to you in that exchange. The above was part of my reply and I just noted it from memory. Both are examples of my poor trading writing. I just write runon copy and do not edit it. It's 12:36 now and I am letting a trade pass (the ES pm BO, which today is long.) to write this to you. lol.
I do write final copy. If you look at the pics in the set ups thread you can see where I do that in another part of my office (in one of the buildings where I reside.). As you suggest it is a team effort before it becomes camera ready.
My post to this thread, as you point out, was not a trading post but rather a light weight response from a business point of view, primarily. Since, in financial circles and government circles I contribute as an axe man and concept creator, I am required to conform to their standards of information transfer. To stop or start things, swift, cutting text is required to galvanize beliefs and precipitate behavior. For trading, the prescription is care and support and giving. A person who is the recipient must be given redundant information that is constrained as perfectly as possible to the link in the web that is at hand. Successful links forge more and more areas of the web into a fully complete and bounded matrix. There may be no gaps in the web or it becomes a seive that does not hold anything permentantly.
I fail in this often. I write with too many levels of information woven together. I try for brevity but it is contested by the need to amplify upon fine points that determine efficacy. I remedy this near dilemma by maintaining continuous attention to the person who is interested. finally, as I learn more and more about the person by making him give me stuff, I am able to forge more and more links outward.
This over time affect transference of information and pictures. The pictures are the key. Writing, as in books, does not make a trader as we see here. we did see here that two years were required to learn to read a chart....properly. AMT showed us that to "read" T&S and DOM, etc..that it takes 6 months for an expert.
I expect baruch to say I don't understand anything you say. I expect scientist to originate a diagonal matrix (it grows as a woven texture) from what I say.
Trading makes so much money that almost no one knows the efficiencies of the market to delivery opportunity. For me to transfer that potential to anyone who wants it, is going to take several books from me as a warm up drill. They will be there as free CD's it looks like within the next 1000 days. The meat...the process.. I will return to as soon as I get my bod fixed with an ancillary supply system. It is going to be formulated this week, tomorrow, and will not interfer with my headset. I will conduct a process to allow others to consider how to have the pictures of NLP.
In summary, what I do is punch out runon copy to deal with other's links that they are building. You see this in ET and a few other places. This stuff goes to a document production area where I salvage copy and fix it. All of it is on computers now a days.. I work to continually refine it. There are boxes in rooms as well that cover over over 40 years of investing. They make good illustrations and now can be supplemented by archival stuff from the internet, universities who keep archives of it, and from others whose accounts I have POA'ed for 40 years or so. I also have my SEC violations that were retracted (mistaken insider trading screw ups that they made) there for illustrating market timing that was inconceivable to regulatory agencies who felt the need to tap into my POA and personal accounts for potential criminal activity reasons.
For whatever reason, I have not written in the financial field. I believe it is a fear of loosing my amateur status combined with what I know happens when you get to be known in other fields.
Once you do a book that sells 400,000 copies in 4 months, you are imposed upon by others. I have always given away my board honorariums, speaking fees, royalties, copyrights to 501 (C) (3)'s. I have accepted out of pocket costs and I consult as a problem solver. Vis a vis the EO of the WH, I have always specified the highest non negotiated rate (portal to portal) and that has kept me clean and uncontaminated vis a vis politics.
Thus I am a wierd mavareck who is focused upon the real subject of what's cooking. For making money, it is different than people generally think. It is gathering data, analysis, decision making, and acting in a timely manner. Human behaviorial science.
The academic world has not tackled this as yet. The health services industry hasn't either.
The gaping hole to be filled is singular. The facts and intellectual stuff is ground away to perfection more and more going macro with the Cray crowd. We, however, make money in a micro setting where the rubber meets the roads.
On the other side of the gap is behavior; a combo of beliefs leading to behavior.
You are looking at a person who by posting can cause others to act. I am able to attack the space they are in and cause them to work on filling the gap. My icon is the bridge and building. (See the set up pics).
When I decide to deal. The recipient gets the full treatment. He gets his gap closed. I must, remotely, construct a povisional world for that person to accept. Then he is able to consider a NLP picture comparison and replacement "process" that leads to a comprehensive set of trading beliefs.
How I write causes an interaction. People get get "open' and they then change. Often they are "stuck" and unmovable. trend fader and GG are classics here. Look at nononsense, phoenix, and others. Their common characteristic is "stuckness". Some are stuck by fears (former bunch) and some are stuck by a different kind of fear caused by fear of risk. The later group are into "survival tatics formulated by invincable skills based upon their success in keeping "safe" and surviving.
Being stuck and having a gap between intellect and the beliefs and behavior set is a tough setting for injecting the level of energy required to attain movement. To interject whatever to get a connection and even a response is a great demand.
If I want, I make an effort to unstick some people. Others I watch with great intensity to "see" what their pictures consequences are.
When I begin to use color, I am expressing interest in having a dialogue. A response in capital letters is one that a guy welded up to give to me. A Mr Market response to me is a humourous character assassination. If I encounter a serious and out of line assassination, I have responded in kind and gotten thrown out as a concequence of what semper fi guys call pussy behavior on the part of complainers.
What gives ET potential to make people rich is the dialogue. You, of course, represent the best. not being stuck and being confident of your performance, methods, and success, you are at inquiry. I am in your debt. Your humane style is hard hitting and very succinct.
For me I want everyone to operate at their potential and then really be able to contribute to others by passing it forward. The fact that the financial industry is uncomplex and so vast, really sets up the most available opportunity that could be. not that we are global as a society, it is impossible to understand the true magnitude of the economic self policing web that will be created as quickly as it will be. Everyone will realize wealth beyond any precident as yet set. The major accelerator of all those available is to pass forward the belief pictures needed.
So thanks for your post to me.
