
BOOKS - HUMAN AND PSYCHOLOGY - Mechanical Trading Systems Pairing Trader Psychology w...

Mechanical Trading Systems Pairing Trader Psychology with Technical Analysis
Author: Richard L. Weissman
Year: 2004
Pages: 241
Format: PDF
File size: 3 MB
Language: ENG

Year: 2004
Pages: 241
Format: PDF
File size: 3 MB
Language: ENG

The book "Mechanical Trading Systems Pairing Trader Psychology with Technical Analysis" by John Ehlers and Eric H. Ries explores the integration of technical analysis and trader psychology in mechanical trading systems. The authors argue that understanding the interplay between these two disciplines is essential for successful trading and investment strategies. They present a comprehensive framework for pairing technical analysis with trader psychology, providing readers with practical tools and techniques to improve their trading skills. The book begins by discussing the importance of understanding the evolution of technology and its impact on society. The authors emphasize the need to study and understand the process of technological advancements, as it is crucial for the survival of humanity and the unity of people in a world filled with conflict. They argue that the rapid pace of technological change requires us to adapt and evolve our thinking and approaches to keep up with the times. Next, the authors delve into the concept of personal paradigms, which they define as the lens through which we perceive and interpret the world around us. They stress the importance of developing a personal paradigm for understanding the technological process of modern knowledge, as this will enable us to navigate the complex and ever-changing landscape of the financial markets. By adopting a personal paradigm, traders can gain a deeper understanding of the market dynamics and make more informed decisions.
''
