Give all your money to the poor, and follow me.

[Waratah]

So let start by looking at the word "possession" in the english it means something owned occupied or controled. which could literally mean anything and everything one owns. (which is what you seem to understand this word to mean.)

Now lets look at the koine Greek understanding of the word in a biblical context. the word is:
κτῆμα/ktēma
It direct meaning is the same as the english meaning, but in the biblical context Strong's/thayer's tell us it refers to:
a) of property, lands, estates

So in the biblical context to sell ALL of one's possessions means to sell ones, property, lands, estates. Which Makes one dependant on God for their day to day living. Just like a slave or servant would be.
http://www.blueletterbible.org/lang/lexi...2933&t=KJV
http://www.merriam-webster.com/dictionary/possession

I followed your BLB link and it seems that the Greek word κτῆμα/ktēma is not used in Matthew 19:21 and Luke 12:33. Since the thread is talking about these verses which means you should be talking about the Greek word ὑπάρχοντα (LINKY). You would be not trying to mislead people and twist things to suit you purposes?

Don't forget the other questions you seem to be avoiding from the Avoiding questions thread.