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PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. DERIVATIVE TRANSACTIONS, INCLUDING FUTURES, ARE COMPLEX AND CARRY AN HIGH DEGREE OF RISK. THEY ARE INTENDED FOR KNOWLEDGEABLE INVESTORS. PLEASE READ OUR DISCLOSURE. |
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ARE YOU LOOKING FOR consistent profitable SHORT TERM TRADING SYSTEM results?
MARKET BELIEFS, VALUES AND THOUGHTS. “I am affected only by my thoughts”. A Course in Miracles. |
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The Jademaster
One cold winter morning a young man walks five miles through the snow. He knocks the Jademaster’s door. The Jademaster answers with a broom on his hand. “Yes?” “I want to learn about Jade.” “Very well then, come in out of the cold.”
They sit by the fire sipping hot green tea. The Jademaster presses a green stone deeply into the young man’s hand and begins to talk about tree frogs. After a few minutes, the young man interrupts. “Excuse me, I am here to learn about Jade, not three frogs.” The Jademaster takes the stone and tells the young man to go home and return in a week. The following week the young man returns. The Jademaster presses another green stone into the young man’s hand and continues the story. Again, the young man interrupts. Again the Jademaster sends him home. Weeks pass. The young man interrupts less and less. The young man also learns to brew the hot green tea, clean up the kitchen and sweep the floors. Spring comes. One day, the young man observes, “The stone I hold is not genuine Jade.”
I lean back in my chair, savoring the story. My student interrupts. “Ok. Ok. That is a great story. I don’t see what it has to do with making money. I come to you to find out about the markets, bonds, calls and options. I want to make big money. You tell me a fable about Jade. What is this? You…” “That is all for now. Leave those price charts on the table. Come back next week.”
Months pass. My student interrupts less and less as I continue the story of the Trader’s Window.
-Ed Seykota: The Trader’s Window-
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