The disciplined trader
Book • 1990
Mark Douglas's "The Disciplined Trader" is a seminal work in trading psychology.
It emphasizes the importance of mastering one's emotions and detaching from outcomes to achieve consistent profitability.
The book challenges the common misconceptions about trading success, highlighting the need for discipline and risk management over technical skills.
It explores the psychological traps that often lead to losses, such as fear, greed, and ego.
By understanding and managing these internal factors, traders can improve their decision-making and achieve greater success.
The book's practical advice and insightful analysis make it a valuable resource for traders of all levels.
It emphasizes the importance of mastering one's emotions and detaching from outcomes to achieve consistent profitability.
The book challenges the common misconceptions about trading success, highlighting the need for discipline and risk management over technical skills.
It explores the psychological traps that often lead to losses, such as fear, greed, and ego.
By understanding and managing these internal factors, traders can improve their decision-making and achieve greater success.
The book's practical advice and insightful analysis make it a valuable resource for traders of all levels.
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Akil Stokes
1195 - Top 20 Lessons from Trading In The Zone by Mark Douglas
