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Ed
Seykota's FAQ
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July 29, 2020
Resistance
Dear Ed,
I
hope you are doing well. Thank you for your witty and pointed response,
I learn a lot of insight from your responses to my questions as well as
your responses to other's questions.
I have come across a
phenomenon in my life and I wonder if you have experienced this
yourself. Whenever I have an idea to do something, and let's say I'm
talking to a friend or parent and I tell them that I'm going to do this
idea then a flow of negative energy goes through my body and I lose the
excitement to do what I just told my friend/parent what I was planning
on doing.
This is a very strange phenomenon. I would like
to tell people what I'm doing and what I'm planning on doing without
losing the excitement. I wonder if you have a better understanding of
this phenomenon and how it operates that can help me respond better to
this phenomenon and that you are willing to share?
Thank you
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Thank you for raising this issue.
You might consider, as you notice this feeling from now and again, to embrace it, amplify it, enjoy it and explore it.
You
might come to form an alliance with it and receive valuable insights
from it as well as guidance toward right livelihood.
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July 29, 2020
Rude
Hi Ed,
I
must say when you first responded to me I was confused. I will be
honest…. I thought at times you were a little rude. I read your
responses to others and thought *that was not helpful. Why can’t he
just be clear and honest?
Over time, however, I have grown to appreciate how clear cut and honest your responses are.
My recent favorite was in June
Searching for the best might provide an excuse for not committing to something pretty good and going for it.
After reading that I thought to myself, yes that was me at one point.
Thank you for helping me grow.
Regards
P.s. I wonder if you will tell me to take my feeling about….. some area I have overlooked…. to Tribe as an entry point
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Thank you for sharing your process and for acknowledging me and the work.
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July 28, 2020
Selling the Low
Ed,
I believe institutional investors are selling the low on CTAs and trend following once again.
They have a knack for piling in around major tops and bailing out around major bottoms.
"Over
the past 12 months, CTAs experienced $25 billion in redemptions, 4.6%
of industry assets. A $4.6 billion 12-month trading loss brought total
industry assets to $284 billion at the end of May, down from $320
billion a year earlier."
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Thank you for sharing your insights.
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July 28, 2020
Transit Delay: May 29 --> July 28
Hi Ed
I hope you’re doing well.
This morning, I received the ordered book – so you were right about the delay in shipping.
I’m looking forward working with the book and wish you a great day.
Best regards
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Thank you for confirming the currrent transit delay from Austin TX to Switzerland.
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July 27, 2020
Keep Breathing
Hi Ed,
Everyone on the planet now more conscious of breathing, yes?
Here is an article by a fellow purporting to have researched breath for years, a not-so-subtle ad for his new book.
Author completely ignores Stan Grof and your ground-breaking breathwork.
sigh,
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Thank you for sending me the link.
The author might have a few issues to resolve, say, with Breathwork.
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July
27, 2020
Magazine Cover
Dear Sir,
I wonder what you feel about this magazine cover.
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Thank you for raising this issue.
I do not detect much feeling on this cover.
Some covers convey feelings; the ones that convey intense feelings may also associate with abreactions and subsequent reversals.
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July
26, 2020
Guru Dynamics
Ed,
" If the student has adopted the wisdom from his guru to the bottom of
his heart then he shall not forget for a second the knowledge, he shall
not need the help of guru anymore."
The above is from FAQ, July 5, 2020.
Do you think as readers of FAQ integrate some/or all aspects
of life in TTP, they increasingly have fewer visits on FAQ pages and
fewer correspondence?
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Thank you for raising this issue.
The quote appears, without attribution, from a FAQ contributor.
The quote does not follow SVO-p grammar rules - such as staying in the now - so I suspect its guru-authenticity.
From now and again I receive a binge series of questions from one or another contributor.
You might consider taking your feelings about <reaching out to your father> to Tribe as an entry point.
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July
26, 2020
Chicago Tribe
Hello Ed,
I came across your website just recently, I am not a professional
trader. I've been trying to grow my IRA account for the last couple of
years, but without a bigger success.
Finally decided to change course, take a break, and learn from those
who are disciplined, consistent, and successful... before
getting back.
I would like to ask, If you know of existing Tribe in the Chicago land
area open to new members (or any other location)?.
All the best!
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Thank
you for raising this issue.
You can check the Reach-Out page for contacts in the Chicago area.
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July
26, 2020
Speed of
Trading
Easy Ed,
I trust all is well these days old friend and that you are staying
healthy and wise. I see you are still busy helping new and old traders
to improve themselves, by giving back subtle nuggets of wisdom and
truth for the benefit of others.
While just having a lazy Sunday afternoon, I noticed your interesting
and quite valid (July 14) response to a FAQ post regarding change. Per
your reply, some changes have certainly occurred in the markets during
recent decades; like the speed of price reporting, instruments
available, methods used (such as more algos) and fewer pits left today
etc.
But - since we started trading about 45 years or so ago, the 2 basic
tenets (impact of emotions involved and the profit dynamics) have not
changed, since you still must have very strict discipline to survive
and you must always sell higher than you buy (whether a long or short
position) in order "to profit from a price trend" as you have always
said... Very simple, but never easy.
Stay safe and well,
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Thank
you for sharing your insights.
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July
26, 2020
Looking for
Members
Hi Ed,
I can logon fine now - thanks for clearing that up.
Do you know if there are any active members/groups in Sydney or
Australia? I tried reaching out via the link
to all the Sydney members listed but I didn't hear any response - It
would be great to attend a tribe session even if I had to travel
interstate.
PS some great posts on https://twitter.com/TradingTribe they are very
enlightening :)
Thanks,
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Thank
you for sharing your process.
I do not monitor the activity on the Reach-Out page.
From now and again, I post a link to an FAQ item to Twitter.
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July
22, 2020
Stuff
Ed,
Sounds like something Ed Seykota would have said:
“If you don’t make stuff, there’s no stuff.”
-Elon Musk
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Thank
you for raising this issue.
In my book, Govopoly, I present economics in terms of stuff (tools)
rather than in terms of dollars.
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July
22, 2020
Intimacy and
Control
Ed:
What option do you have about the following? Any insights on the
subject would be helpful.
"In a truly intimacy centric relationship you do things that you
otherwise would not have done, if you were not in that relationship.
You do it because your partner wants it. You do it as a nature flow and
does not feel need to know why you are doing it or feel at oddity with
your own intrinsic nature"
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Thank
you for raising this issue.
Intimacy has to do with receiving another person joyously and without
judgment.
Control has to do with domination and compliance.
Control-centric methods may include mimicking intimacy.
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July
20, 2020
TSP (Trading
System Project)
Hi Ed,
I see that there are pending topics in TSP page(Trend
Definition/Testing Platforms/Bliss Functions/Optimize a Trend
System/Dynamic Portofio Selection/Dynamic Risk Modification/Pattern
Recognition…), I feel I have strong willingness to finish these topics
and make TSP more whole.
I see so many persons ask Ed Seykota to update and finish these pending
topics so many times in FAQ but these topics are still pending, because
nobody is really willing to spend time and efforts to make it. It is
like an inactive market that shows false break out but not really trend
up.
My hunch is that these pending topics would be better studied in a
trading system that embedding necessary basic components and at the
same time, keep them simple in the beginning. So I want to create a
ground and then we can further study these pending topics and extend
them basing on this ground.
That’s what I want and this is my intention.
So now, after reading some books about trend following and learning the
basic knowledge, here I define basic and simple entry/exit rule and
simple risk management rules to create a simple break out trend
following futures systems. And I would program it and backtest this
system. Actually I don’t know how the result would be. Basing on this,
I and other fellows can study those pending topics together.
Let’s finish the TSP and make it!
I can provide necessary data if there is anyone want to follow my path
or cross-check my following backtesting results to make contributions
together.
- - - - -
An idea comes to me: Adaptive method might be the core.
I realize that my expectation that a simple SR parameters setting is
suitable for all futures markets is from fundamental mindset.
Just want to report to you and share my process.
This "Aha process" leads me to think and plan to design a adaptive SR
parameters setting for different markets' characteristics, like recent
volatility compared to long-term volatility.
This might be a good idea.
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Thank
you for sharing your process.
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July
19, 2020
Utility of
Causality
Ed:
"Causality is useless" : can you elaborate more , please ?
Even when you look at components of a system, they all trigger one
thing or the other based on components initial state and inherent
property.
Thanks,
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I
wonder if you can provide some context and source for the statement:
"Causality is useless."
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July
19, 2020
Commitment
Hi Ed,
I am a big fan of yours, I am writing to you for the first time. I
recently read an interview where you discuss commitment
"to the committed, a world of support appears. All manner of unforeseen
assistance materializes to support and propel the committed to meet
grand destiny..." This quote immediately reminded me of a couple of
your previous remarks: "everyone gets what they want..."
and "It is a happy circumstance that when nature gives us
true burning desires, she also gives us the means to satisfy them.
Those who want to win and lack skill can get someone with skill to help
them."
That being said, I wanted to share the daily actions I perform and
would ask if you think any are a waste of time, and / or have other
daily actions that would be beneficial I would appreciate it.
For context: my intention is to be a financially independent trader.
Currently, I am employed in an unrelated field (railroad) with solid
success financially and in moving up the ranks, however it is not my
true calling.
Every day, I wake up and meditate in silence for about 45 min
with an additional 15 minute session visualizing my end goal. I
meditate with the intention to enhance my ability to recognize emotions
as they come up and have made a personal commitment to feeling them.
I also affirm daily as a form of self hypnosis "I am a millionaire
trader" to impregnate, water and fertilize my subconscious (Fred) with
who I am becoming.
Beyond that I am always on the search for new trading opportunities and
am constantly enhancing my skill set. Example: currently I am going
through the book Drawing on the Right Side of the Brain (more for
accessing the right side of the brain than drawing :). I know music is
a big part of your life, and would wager that it has enhanced your
trading through "AHAs" and/or the Joy it provides.
Thank you for reading and very grateful for all that you share.
Best,
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Thank
you for raising this issue.
From Intention = Result, we have your actual intention including:
1. Saying you have an intention to trade.
2. Continuing to work well on the RR.
3. Saying RR does not represent your true calling.
4. Meditating.
5. Searching.
Your actual intention does not seem to include very much about actual
trading.
If you wish to move to a new spot, you might consider starting by
celebrating your current spot.
In this regard, and since you mention music, you might consider singing
along with this
tune
until you can sing it from your heart and with a big smile.
At that point, the track ahead might come more clearly into view.
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July
17, 2020
Link not
Working
Ed,
https://www.seykota.com/TT/Breathwork
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Thank
you for reporting the link.
I wonder if you can tell me the page upon which this link appears.
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July
17, 2020
Link not
Working
Ed,
Website down for everyone or just me?
https://www.seykota.com/tribe/charts/Home.aspx
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Thank
you for noticing the orphan link (from 2014).
You might consider using:
www.TradingTribe.com
and then click on the Charts drop-down menu.
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July
17, 2020
More Process
Notes
Ed:
Here are my notes from the meeting and how I was feeling as the meeting
went along.
-
I am generally known to be late by a few minutes for almost any
meeting. I thought (not sure if it was correct) that Ed viewed being on
time as a sign of commitment (I don’t view it that way but it could be
true for a large majority of people ) so I arrived five minutes
earlier. Ed was not there, so I decided to take a restroom break,
hoping that I would not have to go in the middle of the meeting to
avoid any interruptions.
-
Ed asked me what I want to achieve from this meeting. I started with a
few things (for me the idea was to describe all of them because they
are all related and start with one original problem) . Ed pressed again
what it is that I want to achieve. I mentioned that I want to
understand why there is recent flare up intense emotions about a
relationship that ended couple of decades ago and second I want this
feeling to go away so I can focus on my present life
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Ed probes about that old relationship. I become nervous with fear that
I am not going to be able to explain to him because the subject was
loaded with a huge “cultural gap” and I become worried that “Doctor is
going to give incorrect medicine, if the patient is not going to
describe symptoms correctly” . But then I quickly realize that this is
not a doctor patient situation, this is me getting a framework to work
on myself. I give it a try.
-
As much as I tried to stay on Ex-gf issue, we spend about 5-7 minutes
on it and Ed quickly concludes that the old relationship has not a
problem at the moment, it is something from the past that I use as an
escape from my current relationship reality. In my mind I agree with
that I was using it as an escape. Ed makes some observations about me
in that old relationship, which did not make sense at the time of
meeting, but after a few hours I get it: The fact that I was
being logical in that relationship and ex-gf wanted me to understand
her emotionally and cater to her emotional needs. I was trying to solve
the problem at the time with rationality on what was the best way we
can be together, and she had an emotional pressing need and somehow I
failed to listen to and act upon that emotional need in a timely manner.
-
Ed presses me to focus on what I want and questions me why I am dancing
around the various subjects and not really telling what I really want
to tell. At one point he says that he is a patient man, but he has
other things to do. I take it as an attempt to make me go straight to
the real issue, whatever is that. In my mind, I think that describing
all these things are extremely relevant because that is all connected.
In the interest of time, I drop my desire to work on ex-gf problems for
that meeting.
-
Then we come to the status of my marriage. I mentioned that it has a
lot of problems. Ed says here you go again that I am probably doing the
same thing. Maybe I am trying to be logical and my wife has a current
need that someone needs to understand her emotionally. We talk about my
children. Ed mentions that I am inadvertently giving this trait of not
sharing emotions and the process is already started. He also mentioned
that the oldest one would be beyond my capacity to influence, but I may
have a chance with little ones. This completely scares me. I may have
many imperfections, but a great source of satisfaction for me was that
I am an amazing father.( I made a commitment to probe my children
everyday about their own feelings and if they are expressing them. In
the night I asked them what the best thing, ok thing and worst thing
for them during the day was and why they felt that
way.)
-
Ed concludes, and I agree, that both my wife and I have immersed
ourselves into our children as a way to cope with our marital problems.
-
At one point I told Ed that I am communicating good enough to him. The
communication transmission is about 5% of it’s full potential in my
mind. I try using metaphor / example to describe the situation. It
seemed to have worked. Now it feels we are getting somewhere. I am
generally good with metaphors. It is a great technique if one is
dealing with a lot of situations with providing proper context is very
important.
-
Then we go on applied aspects of what can be done. I tell Ed that I am
very certain that only the TTP process is going to help me and I am
committed to work on myself.
-
I described the incident to Ed when I mentioned to my wife about the
“Trading Tribe Book” and how helpful it is and her reaction to that. Ed
said that what I was telling my wife is that : Look, you have a problem
and here is a tool to fix yourself , go and fix it. I was giving her a
book, but I was not living according to what is described in the book
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Then we talk about some changes I am going to make for the next three
weeks and report them back. They include expressing what I feel to my
wife, acknowledging her feelings in a manner that does not sound
sarcastic or therapeutic, try making it sound like conversation. I
agree with the idea that if you want to build muscles, you need to lift
weights. If you don't want to lift weight, don’t expect to have a toned
body. It is a simple matter of choice.
-
Last few minutes were Interesting. Where anything I say , Ed would say
“if that is what you do then that is what you do” nearly six or seven
times he repeated that response for various things I was saying.
Strangely enough, I was relaxed. What I concluded is that we are all
creatures of our own habits. Neither right or wrong, they are what they
are. Only question to ask is if those habits are what they are, are
going to give you what you want. Ed, I am not sure what was going on at
the very end part at the table, it would be great if you can recall and
throw some light on it.
-
Outside of the restaurant as we were leaving, Ed asked what I am
driving, I pointed to my car. Not sure what he asked. I can only guess.
But again, it did not feel relevant to my pressing issue so we smiled
behind our masks and hit the road.
|
Thank
you for sharing your process.
The last few moments of the meeting might account for most of the
moment of the meeting.
You might recall repetitive language, a feeling of calm, a lack of
concern about your girl friend and a different view of your
self after those moments.
If you'd like to know more about how this all works, you might consider
practicing TTP.
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July
17, 2020
Updating Issue
Hi Ed,
I hope you are well.
I have been following the trading system examples on your website
recently as they are really helpful to see what trend trading actually
is. However, I noticed that they are not updating anymore since the
14th of July. I wanted to let you know about this problem. Hopefully it
can be fixed soon.
Thank you for your help and for being a great inspiration to many
traders.
Best regards,
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Thank
you for reporting this issue.
I now have it back on line.
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July
17, 2020
Process Notes
Detailed report of meeting with Ed is coming later.
Here is big highlight: meeting went as I have expected. I had
expectation that I would understand about 20% and rest of 80% would not
make sense. But like all other work from Ed, I have to park that 80%
somewhere else and it will all come together some day. Biggest
difference before and after meeting was simply my state of mind.
Ex-girl friend was gone from my mental landscape, at least for now.
The following transpired after I reached home.
-
Three kids at the door ready to jump on me , because they are seeing
father after full 24+ hours.
-
Wife scolds them asking them to stay away from me till go and
change the clothes and take shower because I am coming home after
visiting pandemic infested world outside house.
-
Then I go to kitchen to hug her, she asked me to go away to bathroom
and take shower before coming anywhere near her. This is at 10:30 pm
and she is in early stage of preparing dinner. That irritates me,
because such a late dinner throws off kids schedule. But I do not
express my displeasure. I go for shower to stop pandemic conversation.
-
After I come out , wife ask detailed questions about how many people I
have met on business trip, if everyone was wearing masks, if social
distancing was maintained etc. I did my best of truth and convenient
withholding of information. But strangely enough I was not getting
irritated. She is behaving on expected line and I was just going with
it.
-
I asked her how was her day ? Her response was there is nothing new in
her day, it was same old and she is never going to get break from three
kids and their needs. Again, I truly believe that it cannot be that
hard but I responded that anything I can help to make rest of evening
easy for her. She said nothing I can do.
-
Then we sat down for 10 minutes and wife asked me show pictures I have
taken from business visit to kids. Kids liked the pictures I told
couple of small stories about pictures and it its context.
-
Wife asked detailed questions about what did I eat and where in last 24
hours with pandemic as a context , meeting with Ed did not feature in
that conversation.
-
Dinner time 11:35 pm, I went along with it.
-
After dinner wife had one of those blow up on repeated theme, I did not
respond with blow up on my side. I patiently listen to her, told her
that I acknowledge her anger and belief system. I gave her full carte
blanche or doing whatever she wanted to do and I would support it. I
told her that I am not angry at her conduct , but I am definitely sad.
-
I am wondering if I followed what I have had discussed with Ed. In any
case outcome was better than similar situations in the past.
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Thank
you for documenting your process.
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July
16, 2020
Fake Accounts
Ed.
I see a fake account, "Ed Seykota 1st" on LinkedIn.
If you are on LinkedIn you can report this account to be a spam under
more option / report or block / report this profile.
If you need more people reporting this profile to be spam then I can
ask some friends and students to do that?
Or you can send a message to the profile owner to bring it down.
If you have any other suggestions or need any group support then we may
be able to assist anytime.
|
Thank
you for letting me know about this account.
From now and again I go after uch fake accounts them and shut them down
- only to see them pop up again in slightly different form.
My readers can generally spot fakes with little effort.
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July
16, 2020
Sees the Light
I am a financial advisor who has recently seen the light. I would love
to join a Tribe and gain mentorship. How can I do this?
Best regards,
|
Thank
you for raising this issue.
You can read through FAQ, send in you own questions and contact others
through the Reach-Out page. All for free.
If you want private consulting, see Ground Rules, above.
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July
14, 2020
Back in the
Day
Hi Mr. Seykota,
Not sure if you check this email anymore, but wanted to give it a try.
I’ve
been a trader for about 2 years now and just got around to reading
“Market Wizards”. Although your interview is from 1988, it still holds
true to this day and was probably my favorite one in the whole book.
I wanted to know out of curiosity if you’re still trading after all
these years?
I
know a lot of things have changed in the markets, but the use of punch
cards in 1970s reminds me a little bit of how Machine Learning and AI
systems are becoming more popular nowadays in many trading systems.
Would love to get your take on how you view the differences in today’s
markets vs. how it was back in the 70s/80s + 90s.
Best,
|
Thank
you for raising these issues.
I
still speculate, in the sense of the Latin root, speculare, meaning to
observe; meditate; ponder; reflect. I may also, from now and
again, enter or close a position, in accordance with my assessment of
trend.
Machines (lately AI systems) keep increasing the velocity of
transmission of information.
Between Europe and the US, over the last century, this velocity
increases from the speed of boat to the speed of light.
During this transition you might notice the peregrinations of
price remain fairly constant, both in frequency and amplitude.
In 1841, Charles Mackay writes Extraordinary
Popular Delusions and the Madness of Crowds.
You might notice his examples still apply.
Today, people fancy themselves exempt from the basic human condition,
same as the people from the 70's, 80's and 90's.
|
July
11, 2020
Feelings and
Rocks
Ed:
Could you help me understand the difference between “letting conscious
mind experience feelings” vs “having emotional rocks”.
I am letting feelings flow uninterrupted, trying to let sadness flow
without judgment or not consciously trying for sadness to go away.
If sadness causes crying then cry, if it causes anger, then be angry.
If it causes me to stop doing what I am doing and sit in a chair then I
do that. To me that feels like experiencing sadness.
But then I look at TTP Extension Page 2/12. Those same very things are
described as emotional rocks.
I understand that do it yourself TTP does not work without a field of
acknowledgment.
Any thought would be helpful.
Regards,
|
Thank
you for sharing your process and for raising this issue.
You may experience feelings by allowing your sensations and emotions to
inform your conscious mind about some issue.
As your conscious and subconscious processes
connect, you may notice an Aha.
The Aha may then lead to a pro-active response, in alignment with right
livelihood.
A Rock typically contains a personal method for responding to feelings
medicinally, so as to avoid having to implement a more pro-active
response.
|
July
7, 2020
Guilty of
Winning
Hi Ed,
I recently have an aha that I struggle to accept. I realize
trading might not align with my feelings surrounding integrity.
I can't help but wonder why now, where were these feelings when I first
start trading 10 years ago.
Hearing the phrase "for the good of all" triggers this aha of trading
and my beliefs on integrity.
The concept of the zero sum game in trading futures where money flows
from the losers' accounts into the winners' accounts now triggers
strong emotions within me.
After years of practice, trial and error and self exploration I feel
capable of extracting money from the markets and keeping it.
Sometimes it seems too easy and often too good to believe given my past
struggles.
I now feel
guilt and sadness at the thought of enriching myself at the expense of
others.
More specifically I see myself as the newbie on the other side of my
trade. Sitting in anguish as money drips then pours out of my
account and into that of the pro.
I recall my own feelings of anger and frustration as an inexperienced
trader. I now see myself as the deliverer of this.
Around the time of this aha, I also expose myself to the idea of
examining why I want what I want.
I start trading because I want the security and stability that comes
from having monetary wealth. I also want the recognition and
admiration that comes from succeeding in a field where the majority
fail.
Those reasons now seem rather empty and unfulfilling.
|
Thank
you for sharing your process.
|
July
7, 2020
Messy and Out
of Control
Dear Ed,
I hope you are well. I recall reading on Wikipedia that you get a
Bachelor's degree in electrical engineering.
I recall conversations with my friends in college who at that time
study electrical engineering, about if they were taught how to program.
They tell me, not really just some basics to help them with some
practical projects.
MIT might have a different approach during your time there but if not
how did you learn good programming principles and software design
practices.
I have acquired a lot of domain knowledge about trading and want to
test it but keep getting stuck when my python scripts get too messy and
out of control, scattered functions, circular logic.
Do you have any book recommendations for learning how to structure a
software program?
Thank you
|
Thank
you for raising this issue.
You might consider taking your feelings about <keeping your sock
drawer tidy> to Tribe as an entry point.

|
Clean
Code
and clean socks
both protect your digits.
|
Image
Credit |
|
July
5, 2020
Guru Purnima
Verses
Dear Ed,
Thanks for being an inspiration for us...
On the auspicious occasion of Guru Purnima I offer .. in
English some verses:
Even if the whole earth is transformed into paper with all the big
trees made into pens and if the entire water in the seven oceans are
transformed into writing ink, even then the glories of the Guru cannot
be written. So much is the greatness of the Guru.
Understand guru to be at the top of all because no one is like him, The
person who obeys the order of his guru with full devotion has no fear.
I face both God and my guru. Whom should I bow first? I first bow to my
guru because he's the one who showed me the path to God.
If the student has followed the path taught by his guru then it doesn’t
matter whether guru in the city of Banaras and the student in near the
bank of the sea. If the student has adopted the wisdom from his guru to
the bottom of his heart then he shall not forget for a second the
knowledge, he shall not need the help of guru anymore.
Guru is like a washerman and the disciple is like cloth; God Himself is
the soap. O Guru! Please wash my thought waves on the stone of
meditation, then the unlimited light will appear.
The people who do not understand Guru are blind. If God is displeased
with us then Guru is there for salvation. If he is displeased there can
be no salvation.
Nothing mine belongs to me, all that is yours; To give all that to you,
what’s there for my remorse?
All things of man belong to the Almighty Father as his grant of grace
to man. As such, why should there be any hesitation on the part of man
to give all that to God, the giver ?
I was searching for help, for love, someone where I could be myself
being with him. But I couldn’t find anyone. Everyone here is burning
through his own fire.
I wondered in search of true lover but did not find any, When a lover
meets another, then all all poison turns into nector.
A disciple should be such who is ready to offer all his possessions to
his Guru; and only then it is possible to receive true knowledge from
Him. A Guru should be selfless, abstemious, and contented. He should
not expect anything from his disciples, because where a Guru is greedy
and desired something from his disciples, the dignity of a guru gets
hampered.
Thanks for listening and reading.
|
Thank
you for sending me your translations.
I feel fortunate to attract gurus from all over the world who
come to FAQ enlighten me with their thoughts and feelings and
keep me on the path.
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July
4, 2020
Personal
Frequency
Dear Mr. Seykota,
on Thursday, October 9th 2003, you write:
"In
general, if you trade a market a few times a year and hold a position
for months when you are right, transactions costs become irrelevant."
My system follows long-term trends and cuts losses very short.
As a result, the system trades each market about 8-9 times a year.
In your experience, is that too frequent?
Best regards,
|
Thank
you for raising this issue.
Some traders hold positions for decades; others trade hundreds of times
per day.
You
might consider sorting out your personal frequency by running back
tests and also by making sure you can handle it emotionally.
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