Mechanical Trading Systems: Pairing Trader Psychology with Technical Analysis

TRANSFORMATIONAL PROCESS: IN LIFE AND THE MARKETS

Throughout this book, I have put forth the theory of resonance. Although a book about success in the markets is, in and of itself, a worthwhile endeavor, my reason for writing this book was intimately linked with this concept of resonance between the markets and the human experience in general.

It is my firm belief that what holds true in microcosmic spheres such as the trading realm often resonate with higher truths regarding the macro-cosmic aspects of life in general. This belief forced me to continue trading despite early experiences of failure and self-doubt. I was certain that such losses and professional turmoil in my trading career somehow resonated with a greater spiritual disharmony that required resolution. Of course I could have simply stopped trading, but I had always felt that “what we resist, persists.” Therefore, issues raised by trading such as lack of discipline, inconsistency, fear, and greed would resurface in one form or another until I had mastered them.

So I continued to strive toward self-mastery and success in the trading realm despite losses and frustration. Finally, after years of struggling, eventually I was able to employ a consistent, disciplined approach to trading. As I had expected, the mastery of my emotions in this particular endeavor lead to greater harmony in all other aspects of my life.

When I first mastered the discipline and consistency required for success as a trader, I erroneously assumed ...