DLC Profiles - Cognitive Trading Process 'Foundational' Intensive


The Cognitive Trading Process 'Foundational' Intensive is designed to help you learn to see things in the market that you have never noticed before. You'll learn to discover pivotal clues in developing market structure, how to interpret those clues based on accumulated knowledge (experience), and how to deepen your understanding of the contextual relationships between seemingly disparate data - an understanding that can enable you to ameliorate risk. Successful trading is about observing nuances, recognizing relationships, and identifying imbalances that the vast majority of your competition fails to see or un-derstand.

The Intensive, which includes approximately 30 hours of interactive classroom discussion, is also about heightening your awareness of how you think, the way your brain processes information when making trading decisions. It’s about wrestling with your inner demons, resolving the constant tug-of-war between how you feel about making a trade, versus how you analyze the trade. Amos Tversky and Daniel Kahneman, winners of the 2002 Nobel Price in Economics, have demonstrated how "intuitive thinking" doesn’t necessarily give your rational mind time to review an intuitive decision. Good trading / financial decisions are born of a holistic balance between the right and left hemispheres of your brain.

Expand your market understanding—and your self understanding

We are confident that the Cognitive Trading Process 'Foundational' Intensive will deepen your market understanding. However, no matter how astute our market observations, nothing we teach you can ultimately do more than suggest a starting point for advancing your self understanding, which is pivotal for success. In the end, no matter how "market smart" you become, you must own the fact that how you make decisions is equally important to successful trading. Put another way, you may become a master of spotting market opportunities, but you must also be-come a master of making whole-brained decisions.

To become fully market smart, you must incorporate a deep understanding of human nature, which causes traders and investors to act in extremely non-rational ways - which is when the best oppor-tunities arise. Warren Buffett credits much of his success to this very view of the way human behavior affects market behavior. The successful traders we have come to know have all shared the view that once they understood how markets function, it was the emotional portion of trading that accounted for 90% of their success.

There are two important caveats to this thought. First, it's not enough to get comfortable with the markets - you have to become an expert, so that your market smarts become second nature. Second, you have to learn to thoroughly understand how your emotions affect the way you think, so you can begin to modify those behaviors that are counterproductive to profitability. DLC Profiles continually adds to a recommended reading list as we discover new sources that can help you advance your understanding of how the brain works, so you can counter negative tendencies and improve your performance.

Expect to learn how to begin learning

Several weeks after each Intensive, we survey participants. This follow-up inquiry has revealed a binary pattern: respondents either feel that the Intensive was too ambiguous, or that they have come away with an understanding of market process that enables them to trade with unprecedented con-fidence. We believe the expectations of each attendee dictate which way they'll respond afterwards.

If you expect to attend the Cognitive Trading Process 'Foundational' Intensive and then find yourself suddenly transformed into a successful trader, then we can almost guarantee that you will come away feeling that the Intensive was "too ambiguous," and that you will be disappointed that you didn’t discover exactly where to enter and exit trades. This phenomenon was beautifully summed by a tennis pro who attended two Intensives; he likened it to one of his students who wanted a Wednesday lesson to learn to put topspin on the ball so he could beat his buddy on Friday.

Those attendees who reported that they were thrilled to finally understand market process recognized the complexity inherent in learning to compete against traders with long, successful track records. These participants accepted the fact that they had begun a life-long journey. We recently received an email from a NYMEX member with 23 years of floor trading experience. This trader, and former attorney, is part of the exodus from the floor to the screen - which is tantamount to learning a new skill. His response to our survey was that for the first time in years, the Intensive provided him with an "intellectual challenge."

The Cognitive Trading Process 'Foundational' Intensive will present you with myriad new questions; each topic will expand your appreciation of trading's intricacies and your own evolving process. You will know that your experience has been successful if you come away with the understanding that "market truth" is contextual, and constantly changing. You will know that you're ready to continue on your learning journey if you welcome trading as creative problem solving, rather than an exercise in following blind rules, or identifying "perfect" entry and exit points.

































Harnessing the power of Cumulative Experience

The partial list of subjects above should help you see how the Intensive will ultimately lead you to ask many additional questions, because every subject is connected to all the other subjects in the relentlessly evolving tapestry of context. History attests that traders who progress along the path to success welcome the often frustrating process of discovery, while traders that resist the convolutions of learning - those who can’t deal with constant ambiguity - usually wind up floundering and groping for easy answers (that aren't there); any rule that isn't malleable is doomed to become nearly instant-ly obsolete, as the market does not allow for certitude in any form. The "rules" you will encounter in the Cognitive Trading Process 'Foundational' Intensive are merely guidelines, flexible indicators that can assist you in your quest to identify those opportunities when the odds are stacked in your favor.

The possibilities for parsing what can happen in any given moment are too numerous for any beginning trader to contemplate. However, if you start by examining the right information within its proper con-text, then you can begin your ascent up the steep learning curve that culminates in greater profita-bility. Along this learning curve, you will constantly examine and re-examine the relationships between the various elements that affect market activity; you will also constantly reevaluate the complex thought processes that result in any given decision.

If you're willing to begin this journey, this quest for self- and market-understanding, the Cognitive Trading Process 'Foundational' Intensive will provide you with a head start on your path to expert, along which you will gain the  all-important “cumulative experience” that is imperative to long-term excellence, in any endeavor.

Tuition - $4,750 (Pre-requisite: Cognitive Learning / Continuous Education Series enrollment and the completion of the Phases I, II, and III workbooks).

'Advanced Intensives'

Cognitive Trading Process 'Advanced' Intensives are designed to advance the Cognitive Trading Process principles and concepts learned in our CTP Intensives through a combination of ‘Contextual Review’ and indepth discussions of advanced strategies and tactics.

Tuition - $4,750 (Pre-requisite: Completion of a Cognitive Trading Process 'Foundational' Intensive).

DLC Profiles, Inc. is an educational and learning resource
focused on supporting your learning process
and
ADVANCING THE POWER OF CUMULATIVE EXPERIENCE!
For further information regarding our Cognitive Trading Process 'Foundational' Intensives or our Cognitive Trading Process 'Advanced' Intensives, please contact Terry at  tcl@marketsinprofile.com