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The Disciplined Trader: Developing Winning Attitudes

Product ID : 16081769
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The Disciplined Trader: Developing Winning Attitudes Features

  • Prentice Hall Press Books

  • It comes with proper packaging

  • Ideal for Gifting


About The Disciplined Trader: Developing Winning Attitudes

From the Inside Flap "Emotion kills successful trading." In The Disciplined Trader,™ Mark Douglas, an expert on the dynamics of trading,shows why most traders are unprepared for the different and unique strategies required for success in the trading environment. With rare insight based on his first-hand commodity trading experience, the author demonstrates why the beliefs learned to function effectively in society are often formidable psychological barriers in trading. After examining the causes for the development of losing attitudes, this book prepares the reader for a thorough "mental house-cleaning" of deeply rooted concepts and traditional thought processes. And then it shows the reader how to develop and apply attitudes and behaviors that transcend psychological obstacles and lead to success. The Disciplined Trader™helps you join the elite few who have learned how to control their trading behavior (the few traders who consistently take the greatest percentage of profits out of the market) by developing a systematic,step-by-step approach for winning week after week, month after month. The Disciplined Trader™is divided into four parts: ·An overview of the psychological requirements of the trading environment ·A definition of the problems and challenges of becoming a successful trader ·Basic insights into what behavior may need to be changed, and how to build a framework for accomplishing this goal ·How to develop specific trading skills based on a clear, objective perspective on market action In a comprehensive and logical manner, Mark Douglas shows you how to examine and limit your trading behavior--how to develop the mental discipline possessed by the small minority of winners who make money consistently (weekly, monthly, and yearly). Mark Douglas is also author of several other award-winning books such as "Trading in the Zone™ ~ Master the Market with Confidence, Discipline and a Winning Attitude" published in 2000~ his second book written on trading psychology; "The Complete Trader" published in 2015, "The Little Book of Trading Performance" real-life coaching sessions co-written with Behavioral Finance coach Paula T. Webb, completed several years ago and recently made available in Kindle, as well as several other publications and media coming soon. More information - paulatwebb.com. Product Description 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 ground-breaking 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 breakthrough those queries ~ and begin to understand that their very thoughts may be limiting their ability to accumulate and succeed at trading. Review One of the first books to address the psychological nature of how successful traders think ~ The Disciplined Trader™ is an industry classic. Douglas helps traders neutralize the fear of losing into a mindset ofwinning ~ through this systematic approach to creating, instilling, andmaintaining the mindset of a consistently successful trader. --- Global Publishing House A groundbreaking work published in 1990 examining as to why most traders cannot raise their equity on a consistent basis, bringing the reader to practical conclusions to go about changing any limiting mindset. --Larry Pesavento - TradingTutor.com 1 From the Author In my book, 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. This book can help any trader change the fear of losing into a winning attitude based on the step-by-step approach for learning the mental skills necessary for accu