Note to the team: Will I ever get around to just dishing out my formula. Yeah, yeah, yeah. Relax. We've got time. ;)
As you can tell from the new look of the PriceTeam Board, this has become a Team project--not a Ted project. Please actively recruit the people you like and admire--that you think would enjoy reading our stuff and perhaps contributing. I expect an active audience of at least 500 and perhaps 50 contributing writers with as many as 100 messages a day. Out of this hotbed, we are going to change the face of trading and investing forever. Either we will discover what we are setting out to do is impossible (important thing to know) or it's possible. If it's impossible, we simply continue trading with really good cash management skills. If it's possible, you are beginning the adventure of a lifetime. It just doesn't get any better than this.
I was meditating on how to get my formula across last night, and I was struck by two things: 1) The scale and difficulty of what I'm trying to communicate; and 2) the first and most part of my formula is developing the heart and mind of a champion. The latter is absolutely required. I can give you the perfect formula, but if you're not thinking on top of your game and if you do not unfold a wealth consciousness, you will not get far. Know thyself is the first rule. Will have much more to say about this, but I just wanted you to be prepared.
Every piece of my formula is required. I will *exclude* anything not essential. So if I include something, I mean it. I say this because there may be a tendency to brush aside certain aspects of what I say, "Oh yeah, I know that. Common knowledge, of course." If I include something in the formula, there is something there that is *not* common knowledge even if it appears to be. I'm requesting you stay with me until you see what is not common in the idea--or more important, until you own the idea.
Finally, to make the formula work, we must integrate each aspect of the formula. Holistic reasoning is required. For example, you can build a radio but if one internal wire is loose, it won't work. The radio must be completely integrated to function. The same goes for what I will be laying out.
So the first part of the formula is you must have the heart and mind of a champion to achieve long-term, consistent success. Are you there? How would you go about getting there?
One purpose of this board is to build a team with an effective knowledge-base and a winning spirit, a focused, kind, caring, mentally tough attitude of Olympic champions.
Ted
