Next to your standard trading log (entry, exit, stop loss), write down exactly what you are feeling physically and emotionally during a trade. Are your shoulders tight? Is your heart racing?
If you're curious about the actual mechanism of the TTP, Ed describes the a meditation-like technique used in Tribe meetings to illuminate feelings of resistance. It allows you to feel an issue until it "disappears," preventing emotional baggage from clouding your trading judgment. This technique is discussed in detail in the 2005 edition of his book. the trading tribe ed seykota pdf
If your system says to exit, exit immediately. If you struggle, it’s a cue to work on your psychology, not a signal to change your system. Conclusion Next to your standard trading log (entry, exit,
Published in 2005, The Trading Tribe outlines Seykota’s shift from strict technical analysis to emotional analysis. The book focuses on how unacknowledged feelings create self-sabotaging behaviors in the markets. If you're curious about the actual mechanism of