“And when he was gone forth into the way, there came one running, and kneeled to him, and asked him, Good Master, what shall I do that I may inherit eternal life? And Jesus said unto him, Why callest thou me good? there is none good but one, that is, God” (Mark 10:17-18,KJV).
Why does Jesus say not to call Him good? Jesus teaches from His wholeness, not from the societal precepts of His times. He fights with the Pharisees, the guardians of collective custom and outdated religious rules. Jesus knows that healing comes through wholeness—not rejecting what brings one into conflict with the collective ideology of one’s times. Remember, the Pharisees saw Jesus as bad.
How does this relate to trading? Trading’s so-called collective wisdom resides in outdated concepts. For example, let’s look at Fibonacci ratios (retracements and extensions). “All you can say is yes, markets do retrace and extend, but the percentage ratios seem to follow a bell curve distribution. That is, they follow a normal distribution, and there is nothing magical about any individual percentage ratio. Nothing.
“Yet there is a whole industry within the trading community that keeps championing Fibonacci as a wonderful and reliable trading tool for identifying support and resistance levels! Unbelievable!” (The Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets by Brent Penfold, p.209).
Penfold would be considered bad by the Fibonacci supporters for exposing this.
Trust your Wholeness
Another advantage of trusting your wholeness is because in the rejected shadow parts of your personality resides immense amounts of vital energy. Not only can you use this vital energy to challenge the collective concepts of your group, but you can use it to trade with an inner confidence that replaces unnecessary fear. Necessary fear alerts you to real danger; unnecessary fear erodes confidence. Dare to challenge the rules you trade by . . . the rules you live by.