Product description
The Disciplined Trader: Mastering the Psychology of Trading
Successful trading is 80% psychological and 20% methodological. Emotions can be a trader's worst enemy. Even with basic knowledge of fundamental and technical analysis, the trader who masters their psychology will come out ahead.
The Disciplined Trader by Mark Douglas teaches the essential mental behaviors for responding to market conditions and opportunities effectively. Drawing from his own early challenges in trading, Douglas explores the concept of "forced awareness," where traders confront the psychological hurdles that impede success. He views the market as a space where traders have the freedom to create their own results, unconstrained by the norms of everyday life.
This book is designed to help traders transform their fear of losing into a winning mindset, offering a systematic, step-by-step approach to developing the mental skills needed to consistently accumulate wealth.