Quote from makosgu:
OK GROB, I am asking for some clarification please... I saw M0z's post but had some differences as to the items he ID'd as low risk. Nothing in this post is a response. No facial expressions or head gestures either.
Picking up from our super in-person one-on-one/two meeting last week, which I again thank you for, and continuing the construction of this process, I have had the above containers organized across my home office floor, my girlfriend doesn't appreciate my initiative on this PROCESS construction effort but she's SOL. I am struggling a bit in the x, y, z, A, B, C against L, M risk identification and am trying to make sure I don't reach a frustration point... In one of your earlier posts, the definition for x was stated as a "knowing how to know" (text a few of us including myself have completed reading) and "not as an absolute statement that is intended to convey to others an absolute rigid defining descriptor". Judging by the fact that I said very few words in our several hour meeting, presumably, you know exactly how to provide the furthur clarity I am kindly asking for.
Kindest Regards,
Mak...
I will respond by saying that however you set up the stuff on the floor, it is right for you to do. I will comment on Moz as well.
Personally, meeting you and Steve and having two sessions was a terrific payoff experience for me as well. Our mutual goal is to pass forward to others all that they want for bettering their effectiveness and efficiency. That ultimately helps solve a lot of problems in the communities in which they reside.
The job at hand is to clasify knowledge, skills and experience in the three risk levels of low medium and high. The single big reason for this is to associate risk with trading in such a way that real trading is carried out at mimimum risk at all times.
By being able to monitor all market conditions and readily and automatically associate them with the appropriate risk level, we are able to be most effective and most efficient. It is more effective and eficient to only trade at our competence level and below than to trade all the time during our growth to expert transition. this means that we will be having a continuous appreciation of capitaland that the rate of acquisition is just the sum of low risk profits, medium risk profits and high risk profits as we come to the end of the transition curve and onto the operational part of the curve.
Lets focus on getting things named and put in their respective places. Once we have a start, then we see where the voids are and where more detail can be added to the thin spots. The repetition of organizing is a good thing and a lot of it occurs during sleep when the subconscious organizes and reorganizes the full range of experiences that have been had. There will be a lot of waking up and "knowing" something that was on our minds in the near term past.
I met at Rensselaer with an EMPAC admin and research staff rep on the subject of creating a multi disciplinary/multi media package that can take a person through a fast track learning process to build the mind to an expert functionality level for this stuff. We can do the manual version here in the next several weeks or so.
I will get back to you here on the basics of topic arranging.
