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Acknowledgements

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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 recent trading career.

On this note, to all of my students from whom I have learned so much, may you continue to have trading success and reach your full potential. And may I continue to show my gratitude to you daily.

I would also like to thank my FX Trader's EDGE team, all of whom are great mentors in our trading community, and whose dedication and expertise have allowed me the freedom to spend the time on this endeavor. Juan Maldonado, thank you for your utmost commitment to making sure the business ran smoothly and for being one of the best Elliott Wave strategists in the industry. Neil Bradford, thank you for contributing top notch mentoring and trading tools for our trading community and for reviewing a few chapters in the book brilliantly. Vince Vacarella, thank you for your round-the-clock attention to the markets to make sure our traders are clued into the trading opportunities. Thank you to Andre Porco, Tim Stuyts, Fernando Luna, Alex Kaziyev, Robert Mis and John Thomas for your important contribution to FX Trader's EDGE and the Elliott Wave Desk.

I would be remiss if I didn't remember my original FX Trader's EDGE team, all of whom played an important role in the early stages of the development of FX Trader's EDGE: Mick Lewis, Tanya Harrison, Michael Syvertsen, Neil Bradford and Randy Dodgen – thank you!

These acknowledgements wouldn't be complete without thanking my parents. Dad, you were always so proud of my accomplishments, and it is from you that I learned the importance of balance in my life. When I think of being balanced on the continuum between fear and greed, I think of you. Mom, you always had such good trading instincts even though you never traded. In my early days I can remember asking you if I should go short, long, hold, or close and you always gave me your assessment of the situation which ended up being correct most of the time!

Finally, thank you again to my wonderful family, to whom this book is dedicated.

The Trader's Pendulum

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