© Ed Seykota, 2003 - 2004 ... Write for permission to reprint.

Ed Seykota's

Frequently Asked Questions

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TTP - The Trading Tribe Process  ...  Glossary

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July 1 - 10, 2005


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(Quotes from Ed in Red)


Sun, 10 Jul 2005


Phoenix, AZ

I want to start a group in Phoenix.



Welcome !






Sat, 9 Jul 2005


Leaps Options

Hello Ed,


Could there be or have you ever had any problem with a leap option going beyond 1% - 100% or more.


Are you aware of any rules that restrict leap option gains?

1. I do not know the problem to which you refer.


2. Restrictions on gains are typically the self-restriction kind.



Thu, 7 Jul 2005


Remote Aha Effect

Mr. Seykota,

I am a member of the great tribe in [City]. I am a much better receiver than I am a sender.


I am frustrated while in the hot seat and I feel that my tribe is frustrated.

In my personal life (during the 3 weeks between tribe meetings) I receive my wife's feelings in my hopes of improving our relationship.


My wife sends many inflammatory statements (drama) and I go with my feelings (slight knot in my stomach area).


I realize that this is when a larger group would benefit both of us but my wife scoffs at the idea of joining.

I am wondering (and hoping) if my wife can get a "remote aha effect" from my TTP sessions even though I am a poor sender in the tribe.

I am thinking about where right livelihood will lead me in my relationship with my wife. I feel fear but not to completion.

You might consider using your feeling of hoping for improvement as an entry point. 


You might also listen for some clues about your issues in your Wife's remarks. 


If you don't like what she says, or feel like changing her, you might consider taking those feelings to your Tribe as well.




People Sometimes

hope for improvement


as a substitute for experiencing

the positive intention

of the underlying situation.


Clip: http://www.fayettevilleallamerica.com/


Thu, 7 Jul 2005


My Sensei Quoted You

He said:


“There’s a trader named Ed Seykota who teaches others to trade.

Seykota told one trader, 'Lose your ideas, not your money.' That’s good.

Losing your ideas is what Zen is about.”

Are you a Zen Master, Ed?

I seem to appear as a source for material, now and Zen.


I do not know any Zen Masters who can stay at the Master Point longer than they can hold their breath.




Colleen and Gretchen

go for extra moments of now


in the great

Zen Master

hold-your-breath contest.



Clip: http://www.cbs.com/primetime/



Thu, 07 Jul 2005


London Workshop


I like the fact that you like the idea of a workshop in or around London!

Best Regards,

I have about 15 people showing interest - enough to motivate me to come up with a place and time.




It's About Time



Clip: http://www.activityvillage.co.uk/


Wed, 06 Jul 2005


TTP and Bible

Dear Ed,

TTP encourages us experience feelings; Bible tells a lot of stories.

TTP follows SVO-p; while Bible says, "In the beginning, God created the heaven and the earth."

TTP gives no advice, in the Bible there is Ten Commandments to advice us what to do, what not to do.

TTP has no past or futures, just an evolving moment of Now. Bible has all the past in history.

I am committed to experiencing my feelings with my family as a tribe even though I find it hard.

I thank you Ed for the Trading Tribe Book.


Bible sales:

Tens of millions per year.



Trading Tribe Book sales:

Less than 1,000 total.

Tue, 05 Jul 2005


Different Trading Systems

for Diferent Instruments

Sir I've built up a trading system for Index future and so far it has performed exceedingly well but when I test it on other individual stock futures it proves to be a failure.


What I'd like to know is that does every individual security requires different parameters?


And is my system robust?

Gloves fit individual hands very well.


While mittens do not fit anyone very well, they fit everyone pretty well.





If The Glove Ain't Fittin'


Try a mitten.



Clip: http://www.surlapiste.co.uk/


Tue, 5 Jul 2005


Missing the Breath Work

Dear Ed,

I am aggravated I missed the deadline on the Breathwork weekend. I have been so busy with this ice cream truck, that I missed it on your website !

It was very strange but I was just thinking about Tahoe and looking at the photos of the last Breathwork weekend earlier today and wanting to do another and here it is on your site.

By the way, I received an offer and I may sell the ice cream truck it this week for a little profit.

The last Breathwork was tough and hard work, but it really cleared up some things for me. I think I need to clear some things up a bit more.

Anyway, I hope it brings you and all the enrollees closer to your chosen journeys.


Sat, 2 Jul 2005


Typo in Book

On page 120 in your book, under the heading option #2 you say:

The trader takes the hot seat and locates his k-nots about the trades he is willing to follow.

I understand TTP in a way where the trader locates his k-nots about the trades he is UN-willing to follow. Is this a typo? Thank you for such a great book.

Good Catch.  See the Book link, above for a list of typos and other reader comments.

Sat, 02 Jul 2005


Understanding & Insight via TTP

Chief Ed,

My questions are:

1. Is "understanding" incidental to the TTP?

2. What are the essential differences between "understanding" (generally) and ‘insight’ (in the TTP)?

My questions are generated by reading FAQ:
(see Sat, 25 Jun 2005)

Ed Says: In TTP, we do not aim for understanding. We aim to experience our forms, and convert our feelings from adversaries into allies.

Understanding and insight (AHA) generally flow freely when a k-not unties.


Untying k-nots is the work of the Tribe and occurs by experiencing forms in a field of relentless validation.


Trying to perform this process intellectually typically impedes the process.




Miles Davis




John Coltrane



Jazz Musicians

get in to all kinds of places


you can't get in to logically

or even understand

once you get there.



Clip: http://www.debrahurd.com/


Sat, 02 Jul 2005


Emotions, Unwilling to Experience

Chief Ed,

My questions are:

0. Do the majority come to the TTP with primary k-nots related to so-called "negative" feelings/emotions? (examples: feelings of anger, jealousy, guilt, sadness, frustration, remorse)

1. Does a far smaller minority come to the TTP with primary k-nots related to so-called "positive" feelings/emotions? (examples: feelings of joy, peace, love, contentment, satisfaction, calmness)

2. Do some (perhaps many) discover they are indeed stuck via a k-nots on such "positive" feelings but only after working the more primary, immediate/surface ("negative") emotional k-nots first?

A k-not is a feeling plus a judge that does not like the feeling.


By nature, k-nots are negative in the sense there is something about them we do not like.


When we come to view the positive intention of a k-not, the judgment melts and the k-not spills.




One Positive Intention

of a slipknot


is to spill easily.



Clip: http://www.yourdictionary.com/