The Gamblers Lucky Number 5

I came home from a 2 week trip to Fiji recently. I was inspired by a story told to me about a Buddhist Monk. It struck me that the 6 inches between our ears is the shortest path any of us have to striking it rich on the Stock Market. It is also the biggest hurdle anyone has to overcome to become truly successful as a trader.

Inspired by my own (good and bad) trading results, I decided to make the Mindset Mastery eBook available. I know that it will help peoples trading results, even though it doesn’t mention trading on the stock market anywhere. You’ll understand once you read it. Trading mentality is far more important than the strategies.

One day, in a beautiful south pacific resort called Malolo Island, my wife read me a story from her book. Hanging in a hammock, suspended between 2 coconut palms, she read out aloud the story of The Gambler. It has a striking resemblance to the thought patterns of some stock market traders I know. The monk wrote of this true story about a friend of his. I’m recalling this story from memory:

The Gamblers Lucky Number 5

One morning a man woke from a very vivid dream. 5 Angels had given him 5 pots of gold. Upon awakening he realized indeed there were no angels, nor any pots of gold.

At breakfast his lovely wife had made him 5 hardboiled eggs on 5 pieces of toast. Puzzled, he picked up the morning paper to discover that it was the 5th of May. Turning to the back page of the paper, he saw that the Ascot (five letters) races, in race number 5, horse number 5 was called “5 Angels“.

The signs were all there. He took the day off work and went to the races with $5,000. He went to bookmaker number 5 and placed it all on horse number 5 to win, in the fifth race. It truly was an omen, indeed. The dream came true. 5 Angels finished the race… in 5th spot!

What Does This Got To Do With The Stock Market?

Well, if I have you a bit dazzled about this topic; here’s my point. In life, including when investing, we get many signs and indicators of “how” or “what” to do. Sometimes we manage to turn, what is bleeding obvious and simple, into an absolute over analyzed mess. I see stock market traders make simple trades into something that would confuse a rocket scientist. It doesn’t have to be hard! The answer is many times right there in front of our noses. Trading mentality requires simplicity.

Horse number 5: “5 Angels“, in race number 5, on the 5th of May came in Fifth. That was the sign! He dreamt it. He was given all the clues but fell down in the end because…. he over-analyzed it. The dream delivered 5’s. Nowhere was there a 1 mentioned!

Gambling On Hermit Crab Number 5 in Fiji

That evening we were still in Fiji.  With the story fresh in our minds, my wife and I entered the Fiji Islands International Hermit Crab Race. It’s a tradition that is done for the tourists and is hilarious. I sponsored Hermit Crab number 5 with $40 (not $50) and out of 6 Crabs, it finished the race… in 5th spot! (I think crab number 6 died. It didn’t move much)

By the way, I was born on the 5th May and 5 is my lucky number… again the Hermit Crab came true to the lucky number: in 5th spot! Of course, I backed it to win.

Happy trading

Sean Rasmussen
The Bullhunters Guide
Universal Wealth Creation © 2004 - 2008

3 Responses to “The Gamblers Lucky Number 5”

  1. paulhguy Says:

    Good analogy, even when we have the answer we still do our own thing!

  2. Sean Rasmussen Says:

    Yes. Been there - Done that! We have a knack of over complicating things. Life wasn’t meant to be hard…

    Regards - Sean

  3. Dean Says:

    I find that over-analysing anything in life usually leads to trouble, whether it be in personal / business relationships, financial matters even in hobbies and sport.

    Usually the best answers are the simple ones and are often overlooked, especially by people of higher intellect who tend to ‘think above’ simple solutions.

    Something most people call ‘Common Sense’

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