The Disciplined Trader: Developing Winning Attitudes

The Disciplined Trader: Developing Winning Attitudes

Media:Hardcover
Author:Mark Douglas
Publisher:Prentice Hall Press
Release date:16 April, 1990
List price:$40.00
Our price:$26.40 that is 34% off!

The Disciplined Trader: Developing Winning Attitudes

Average rating: Stars
Stars A Great Book for the Mindset

This book is a must reading for all traders. I couldnt put the book down through the first several chapters. The middle of the book becomes just a tad dry but it is still a 'must' read.

The latter chapters have great information specifically for traders. This book is highly recommended not only by me but all the other professional traders out there. Dont pass this one up!
The Disciplined Trader: Developing Winning Attitudes - Mark Douglas
Stars The Trading Bhuddist
I got more out of this volume than all of the experience I have had trading over the years. And not until after I read it did I realize that it was written in 1990, before the dotcom bubble even began breathing. Every word of it still rings true. Any good book that teaches you about mindset, fear, bad habits, creating confidence, etc. is a winner. Some of the principles I can think of off the top of my head are:
- creating positive patterns
- accepting a losing position
- anticipating traders' emotions
- not expecting the market to "reward" your fear
Overall the psychology in this book is a great return on investment. A few pages are somewhat redundant or off-key but still well written with high application value in any marketplace or profession.
Mark Douglas - The Disciplined Trader: Developing Winning Attitudes
Stars More Than Trading
I've had this book for a couple of years and finally got around to reading it. I wish I had done so much sooner. This book is so much more than a pyschology book for traders. It is a book about the pyschology of life. The concepts, once explained, seem so simple but most people do not think in such a way as to understand why they do what they do. Douglas doesn't use stock charts or technical analysis but rather examples from his own life and those of others to illustrate the principles he is trying to teach. This book is for anyone who wants to know why they do what they do and how to change their thinking to acheive their goals in trading and life.
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