The Disciplined Trader

The most successful traders know that to become a successful trader, you have to understand that trading is 80% psychological and 20% methodological. They have found that having an objective and fear-free mind-set is key to maintaining a rising equity curve. That is why with even a nominal knowledge of fundamental and technical information, the trader who has an understanding of his trading mind-set will be the consistent winner in the markets.

The Disciplined Trader helps traders learn the key thought processes and actions necessary to respond appropriately and profitably to market conditions and opportunities.Experienced broker, futures trader, and trading coach Mark Douglas, through his self-reflections on his early trading experiences, has explored and confronted the challenges experienced by most traders. This is what he calls having a "forced awareness" of oneself.

Douglas examines and explains to the reader how he found the market to be an environment where the individual trader "has the freedom to create his own results" unimpeded by many of the normal constraints found elsewhere in modern social life and society.

The Disciplined Trader can help any trader change the fear of losing into a winning attitude and mind-set of success, based on this organized and systematic approach for learning and instilling the unique mental skills necessary for accumulating and sustaining trading wealth.

Content highlights:

• Why a New Thinking Methodology?
• The Market Is Always Right
• There Is Unlimited Potential for Profit and Loss
• In the Market Environment, Reasons Are Irrelevant
• The Three Stages of Becoming a Successful Trader
• The Dynamics of Goal Achievement
• The Steps to Success
• And more

"The Disciplined Trader is required reading for all of my consulting clients.

Without this foundation of understanding the how and why you have limiting thoughts, you cannot move forward to become a successful trader —no matter how good your system may be."

—Paula T. Webb, author of Success Without Fear™

Author: Mark Douglas