Read The Disciplined Trader™: Developing Winning Attitudes By Mark Douglas

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The Disciplined Trader™: Developing Winning Attitudes-Mark Douglas

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Ebook About
One of the first books to address the psychological nature of how successful traders think ~ The Disciplined Trader is now an industry classic. In this groundbreaking work published in 1990 ~ Douglas examines the causes as to why most traders cannot raise and keep their equity on a consistent basis ~ and brings the reader to practical and unique conclusions as to how to go about changing any limiting mindset. The trader is taken through a step-by-step process to break through those queries ~ and begin to understand that their very thoughts may be limiting their ability to accumulate and succeed at trading.The Disciplined Trader is critical for those new to the markets ~ to traders who are returning to the markets ~ and even veteran traders who cannot seem to break through to a higher threshold of accumulation and consistency. The reader will learn that the market is unstructured ~ unlike any other career field; will learn the Three Stages to Becoming a Successful Trader; learn how their very thoughts manage how they perceive the markets; and learn how to adapt to the ever-changing market environments.Douglas helps traders neutralize the fear of losing ~ into a mindset of winning ~ through this systematic approach to creating, instilling, and maintaining the mindset of a consistently successful trader.

Book The Disciplined Trader™: Developing Winning Attitudes Review :



I read Trading in the Zone first, excellent book. This book, The Disciplined Trader, is even better to a degree but you should read both books to get the complete information. Mark Douglas's teachings helped me greatly. Have not found any one else who does trading trading psychology better than Mark Douglas. I have watched hours of youtube videos by Mark Douglas to learn anything that I can from what he made public. His information is that good.
All this material and then some is included in the newer, Trading in the Zone. There's a lot of good material about how to develop your mindset and approach to successful trading. If you can master this material and pair it to just a basic technical trading strategy, you will consistently make money. This book, and its better companion, could be half as long, and still deliver their value, as they are overly wordy, and sometimes devolve into unscientific psychobabble. Skip this book, and listen to Trading in the Zone, to save yourself time reading all the extraneous bits, and you will make money if you have the intellect and temperement to do so.

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