The Day I Bought the Low Describes in detail the ephihiny of understanding that occurred to the author. The reader is encouraged to assume the author s new point of view as well. The author then describes how this new reality opened his understanding to price action and influenced his understanding of the markets. The author s critical discussion and comparison of his understanding of the true nature of trading and the failure of industry accepted standards to assist the trader in the pursuit of profits. The author details his case and gives insight into his method of interpreting price action that he believes has enabled him to pursue consistent profits.
Critical detail is provided for the serious student of trading.
He outlines his constant frustration with these market elements and how he learned to exploit this environment to his ultimate advantage. The chapter ends with his final adversity and how he overcome it to become a permanent success at trading. The author provides additional detail how, for himself personally, he discovered the unexpected benefits of his new market reality that has allowed him to improve his quality of life beyond anything he had hoped for. He describes how this new reality is self-evident in the process of trading and is, in fact, created by those who participate on every level. The author suggests that the very nature of the market environment is directly and negatively influenced by government, regulators, and overseers.