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Forming a Private think tank

  • #21
  • Jul 19, 2013 4:09am Jul 19, 2013 4:09am
Quoting GnarlyPips
What about doing like... a topic per week? Maybe vote on a few suggestions for the topic, then over the week, present what one's views are on the topic and then talk/debate with one another. Maybe come back to that topic a few weeks/months later. Like, the first topic could be: What's your view on the current state of the American economy and what you think will happen within the decade concerning the American colony. The next would be: The Chinese drilling in the disputed territories drew attention from the Japanese Navy.(I believe it was the navy)...
Thanks for the idea but nah, ever seen that annoying American talk show called "The View"? =)

Its pretty simple, the aim is to define on the chart what happened off the chart, I do it everyday as part of my routine. I just think it would be 10 times more powerful with 10 times more heads. Then many more markets can be explored and in turn many more opportunities for profit can be found.
Time hides Nothing
  • #22
  • Jul 19, 2013 11:19am Jul 19, 2013 11:19am
Quoting slam.dunk
cindyxxxx, i personally find it amusing that you ran out of ideas while attempting to form a think tank. so, having said that... you might consider creating your own group at http://meetup.com ? i see that they already have a category of THINK TANK. or maybe you could establish it via one of the many public chat systems and you could moderate it? good luck. edward/. . . {image}
Hey Edward, just for this thread can you try and taper back the pictures and you tube videos. It's hard to take you seriously when you do that, and you know I don't like banning you! But I checked out that link, it's a good idea

The only problem is its hard enough finding traders in my city let alone quality and experienced traders that I'm looking for.

I've had quite a few PM's and I don't want to sound like too much of a dick here but there are probably only 2 or3 people that I think would fit the bill so far, and they all have vouchers which is no surprise, one that didn't, didn't get back to me. The Gold trader (you know who you are).

This isn't a job interview, I just need a certain type of group, mainly trading nerds, who love and respect the game/business and are past the "get rich quick" and delusional phase. Those that feel out of place in forex factory in amongst all the negativity and rookieness.

So if I don't reply to your PM then don't take it to heart, I'm not making a judgement about you or your potential as a trader I just can't take the risk of letting in someone who will let the group down. But if you still are keen and think I've made an error then by all means proove it to me, and I can re consider.

I need traders who are at a certain stage and who can relate 100% to what I've been talking about. I need traders who won't feel it a chore to be in the group, and know that they will be a trader for life.

Going to give this a bit more time

Cheers
Time hides Nothing
  • #23
  • Jul 19, 2013 11:36am Jul 19, 2013 11:36am
i have never been a formal member of any think tank.

i have never even read the dictionary definition of think tank.

i probably only think that i know what a think tank is.

hhhmmmmmmmmmm...

if i were running a think tank, i would want to have a team of people aroud me that assisted me whilst i thinks out loud...

they could help me to think some thing thru.

we could document the whole thing from start to finish...

sorta like writing a very short book about the whole thought process.

imagine having a few friends sitting around that want to discuss order flow, and their goal is to solve the riddle of the science of order flow.

if i were leading a think tank, i would really be the one that was doing the driving in the process of thinking...

others would simply provide to me a steady and pleasant feedback...

i would never find myself sitting there and suffering from writers block.

there would be a group of thinkers that want me to solve the order flow equation.

if i were leading a think tank, that is what i might want to do.

any functioning think tank will have a leader/moderator..

if i were a part of a think tank, i would enjoy provoking others into thinking..

happy trading,

zero/.

[image not inserted]
contact zero 510-684-1114
  • #24
  • Jul 19, 2013 11:42am Jul 19, 2013 11:42am
Quoting CindyXXXX
{quote} Hey Edward, just for this thread can you try and taper back the pictures and you tube videos. It's hard to take you seriously when you do that, and you know I don't like banning you!
welcome to cindy's think tank thread...

open topics:

order flow
contact zero 510-684-1114
  • #25
  • Edited 12:05pm Jul 19, 2013 11:54am | Edited 12:05pm
Quoting slam.dunk
{quote} welcome to cindy's think tank thread... open topics: order flow
No... There's nothing to discuss in here, and "order flow" is just profitable trading as it's always been. But on that note I think the genius of what DS has done is to solve the problem of order flow in a decentralized market. I doubt he was the first to do it mind you, but there is no proof of that (that I'm aware of). But that's enough promotion from me.
Time hides Nothing
  • #26
  • Jul 19, 2013 12:34pm Jul 19, 2013 12:34pm
Great idea. I'm definitely interested but I don't have the experience necessary to contribute anything solid (yet)


Still learning OF, market sentiment, expectations, scenarios, news sensitivity, etc
  • #27
  • Jul 19, 2013 2:02pm Jul 19, 2013 2:02pm
Quoting CindyXXXX
{quote} Thanks for the idea but nah, ever seen that annoying American talk show called "The View"? =) Its pretty simple, the aim is to define on the chart what happened off the chart, I do it everyday as part of my routine. I just think it would be 10 times more powerful with 10 times more heads. Then many more markets can be explored and in turn many more opportunities for profit can be found.
If you want to "define what happened on chart," why not just look at the news? Otherwise, if you're talking about if there's retailers getting stopped out here, if the big banks are loading positions there, that's just nonsense with no proof as it's extremely subjective.
Play the players, not the cards.
  • #28
  • Jul 19, 2013 2:07pm Jul 19, 2013 2:07pm
Quoting GnarlyPips
{quote} If you want to "define what happened on chart," why not just look at the news? Otherwise, if you're talking about if there's retailers getting stopped out here, if the big banks are loading positions there, that's just nonsense with no proof as it's extremely subjective.

Quite the contrary, but I'm not here to justify myself and like I said I'm not looking for advice on how to do this, I'm looking for brain leverage. But with a keen interest in psychology I'm more interested to know why this idea threatens you?
Time hides Nothing
  • #29
  • Jul 19, 2013 2:19pm Jul 19, 2013 2:19pm
Quoting CindyXXXX
Harro Harro I'm looking at forming a small group of people to partake in a market think tank where we help and push each other to understand the current market(s), sentiment and macro environment. Trade execution etc. will be independently driven, but the main purpose is to lighten the load of information gathering, and drive more efficient information flow and idea sharing that is not for public eyes. Preferably said participants will have: Order flow analysis trading interest/ experience Fundamental Analysis experience (knowledge). Hunger to be...

just say you seek attention again ;-) our ff celebrity ;-)
On my way to financial independence - if others can do it - I can do it
  • #30
  • Jul 19, 2013 2:26pm Jul 19, 2013 2:26pm
Quoting Eur Usd
{quote} just say you seek attention again ;-) our ff celebrity ;-)
Your mentality, your problem man... Not mine
Time hides Nothing
  • #31
  • Jul 19, 2013 2:27pm Jul 19, 2013 2:27pm
Quoting CindyXXXX
{quote} Your mentality, your problem man... Not mine
hahaha, good one ;-)
On my way to financial independence - if others can do it - I can do it
  • #32
  • Jul 19, 2013 4:12pm Jul 19, 2013 4:12pm
Quoting CindyXXXX
{quote} Quite the contrary, but I'm not here to justify myself and like I said I'm not looking for advice on how to do this, I'm looking for brain leverage. But with a keen interest in psychology I'm more interested to know why this idea threatens you?
So, what exactly are you trying to accomplish? First, you say you don't want to use the charts, then you want to define what HAPPENED on the charts by not using the charts, but then it's the contrary. You want to get market sentiment, but you don't want people to discuss sentiment because that'd be like "the view". You want order flow, but you don't even have order books from mutliple banks/brokerages/whatever else.

I'm not threatened. That was actually funny. At first, I just wanted to offer some ideas, but then I keep seeing these inconsistencies. I just gotta say something.
Play the players, not the cards.
  • #33
  • Jul 19, 2013 4:22pm Jul 19, 2013 4:22pm
Quoting GnarlyPips
{quote} So, what exactly are you trying to accomplish? First, you say you don't want to use the charts, then you want to define what HAPPENED on the charts by not using the charts, but then it's the contrary. You want to get market sentiment, but you don't want people to discuss sentiment because that'd be like "the view". You want order flow, but you don't even have order books from mutliple banks/brokerages/whatever else. I'm not threatened. That was actually funny. At first, I just wanted to offer some ideas, but then I keep seeing these inconsistencies....
It is simple:

No charts means not interested in TA (I do use this to a degree myself not knocking it)
Sentiment yes being an economist no
order flow concepts for sure... Hard factual order data, no

If you don't get it, then try and entertain the fact that you may not know what you don't know so we can stop this back and forth.

You're either interested or you're not. If you're not then push off =P.. It makes perfect sense to me
Time hides Nothing
  • #34
  • Jul 19, 2013 4:50pm Jul 19, 2013 4:50pm
Quoting CindyXXXX
... You're either interested or you're not. If you're not then push off =P.. It makes perfect sense to me
I'm interested.
Now what?
Carpe Divitiae
  • #35
  • Jul 19, 2013 4:56pm Jul 19, 2013 4:56pm
Quoting fsiltd
{quote} I'm interested. Now what?
I am interested as well - now what?
On my way to financial independence - if others can do it - I can do it
  • #36
  • Jul 19, 2013 5:01pm Jul 19, 2013 5:01pm
Quoting CindyXXXX
{quote} It is simple: No charts means not interested in TA (I do use this to a degree myself not knocking it) Sentiment yes being an economist no order flow concepts for sure... Hard factual order data, no If you don't get it, then try and entertain the fact that you may not know what you don't know so we can stop this back and forth. You're either interested or you're not. If you're not then push off =P.. It makes perfect sense to me

I don't understand. You say facts are the goals. Here's a fact: Sentiment is subjective. Bam, just completely wrapped up your think tank.
Play the players, not the cards.
  • #37
  • Jul 19, 2013 5:05pm Jul 19, 2013 5:05pm
Quoting GnarlyPips
{quote} I don't understand. You say facts are the goals. Here's a fact: Sentiment is subjective. Bam, just completely wrapped up your think tank.
Those who poke holes seek air..
Time hides Nothing
  • #38
  • Jul 19, 2013 5:23pm Jul 19, 2013 5:23pm
Quoting GnarlyPips
{quote} I don't understand. You say facts are the goals. Here's a fact: Sentiment is subjective. Bam, just completely wrapped up your think tank.
"You say facts are the goals"

Facts are for science. Most traders seek acknowledgement ???

"You're either interested or you're not. If you're not then push off"

I'm always defensive that way. Comes with the "territory", I suppose.

"Those who poke holes seek air.."

or truth ?

all the best
When the Joker is in the deck.. fear not and play it well
  • #39
  • Jul 19, 2013 5:27pm Jul 19, 2013 5:27pm
Ok... It seems someone left the gate open to the muppet ward...

I'm not posting anymore in this thread, but the offer still stands. People fear what they don't understand, well I was never here to teach you, I was pretty clear on my first post what this is all about.

G/L
Time hides Nothing
  • #40
  • Edited 11:09am Jul 22, 2013 9:56am | Edited 11:09am
This is a copy of the private message I just sent to those who contacted me. It's just a rough frame work to go by/ start with that can change as it needs to over time.
Maybe that is more clarification?

If anyone out there can suggest a good medium/ layout to use for this type of thing I'm all ears.


Quote
Hi Everyone

So I'm just writing to everyone who showed a genuine interest in this think tank idea. I've come to a conclusion on the best way to work it. If you've lost interest or after reading this decide it's not for you then that's perfectly understandable. But this is basically the idea.

  1. I will create a forum where we have our own logins.
  2. There will be 2 sections:
  3. 1) Individual kind of blog or report section where on the weekend at any time we choose, we each write our own reports on whatever markets we choose to basically summarize what happened in the past week, why the price moves the way it did, what the market is thinking, what events, or news releases... It really doesn't matter what you write, the main purpose is just to explain in the best way you can what happened last week (off the charts) or perhaps there was significant technical factors. It doesn't have to be correct, that's the main thing, just 30 minutes to an hour of your time once a week to write about what the market(s) you were watching did or didn't do. There's no format you need to follow or word limit or word minimum, it's just an exercise in free thinking to try and get our heads into the market past present and future. You should just write what you feel is important and submit it to the board.
  4. Reading others submissions may bring your attention to things you may have missed, common themes will also be present. But one guide would be to try and separate Opinions from Facts, try and stick with what you believe to be are the facts (that can be a grey area I know but, as a guide). I do this every week, and I'm lost until I've done it personally. I just find it a very powerful thing to do. I do record daily in a journal and in word documents as various things develop but I think it would be too much to ask to do it everyday on the group board. A weekly assessment would be more than fine.
  5. 2) There would be a separate section which would be basically a chat board where people can comment or discuss whatever they want, leave messages or comments for people to reply on anytime they wish.

  1. the only rule is Respect of others... Obviously people are at different stages and we all probably do completely different things, so there's no need to judge others, or feel uncomfortable asking others for clarification. Just have a go at it and see what happens. Keep an open mind.

    So that's about it. I am thinking that people may get bored of it or find it's just not their thing, that's fine... in such a case I would probably say that if you miss 3 Sundays in a row without submitting anything or without an explanation, then by default you will be removed from the group, no questions asked, no hard feelings, just leaves room for new people to enter. Hopefully this filtering process over time will end up with a solid group of professionals who learn to work as a team but without distracting each other in trading hours. Sounds good anyway.

    Anyway hopefully everyone I've contacted here can let me know in their own time if they're still interested. I will likely have something set up some time in the next couple of weeks, likely next week.

    Regards

Time hides Nothing
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