The Trader's Pendulum: The 10 Habits of Highly Successful Traders

Acknowledgements

For me, writing The Trader's Pendulum is really putting a story about my trading business down on paper. In 2008 when I decided to create a coaching program for traders based on my market experience, I started with an outline that I wrote called the 10 Habits of Successful Traders. I thought about the 10 Habits a trader needs to develop in order to run a successful trading business as an entrepreneur. I also thought a lot about traders chasing the latest and greatest black boxes and automated trading systems and the promises from gurus who claim you can have overnight trading success.

And so the Technical Trader's Trap, which you will read about in this book, was born.

I also felt at the time that there would be nothing that a trader could experience that I haven't experienced myself during my 30 year trading career, beginning as an institutional trader with a major investment bank. That's another way of saying that I thought I couldn't learn much more about trading - but I could never have been more wrong about that!

For the seven years leading up to writing this book, I have had the opportunity to work with and coach many traders. This has been nothing short of a gift. When I think back over the years, the word that keeps popping up is “gratitude”. Gratitude for meeting wonderful and insightful people, gratitude for connecting with dedicated, knowledgeable and serious traders and gratitude for realizing that my students have been the greatest teachers in my ...