Discipline allows you to trade effectively. You can take your ego out of it. You can go wrong 60, 70% of the time and still make a lot of money. If you ignore the discipline of managing risk, you have to be right 80% of the time or more, and I don't know anyone who's that good.

The difficult thing about practice isn't learning to sit for an hour, or sit for a weekend, or go on a three-month retreat, as hard as those things are. The difficult thing is to pay attention to what is happening right here and now.

Discipline allows you to trade effectively. You can take your ego out of it. You can go wrong 60, 70% of the time and still make a lot of money. If you ignore the discipline of managing risk, you have to be right 80% of the time or more, and I don't know anyone who's that good.

For the dharma to become firsthand knowledge-to feel the ‘ouch’ of it-you have to live intimately with it, hold it up to scrutiny, and let it hold you up to scrutiny. In the end, the ball is always thrown back to you: ‘Be a lamp unto yourself,’ says the Buddha. In other words, you must ultimately find the way on your own, by putting your ideas of the truth to the test. Your questions light the way.

I often suggest that my students ask themselves the simple question: Do I know how to live? Do I know how to eat? How much to sleep? How to take care of my body? How to relate to other people? ... Life is the real teacher, and the curriculum is all set up. The question is: are there any students?

The ground of fearlessness is fear. In order to be fearless, you have to stand in the middle of your fear.