The Disciplined Trader: Developing Winning Attitudes

The classic book that introduced the investment industry to the concept of trading psychology.

The Disciplined Trader helps you develop a systematic, step-by-step approach to winning week after week, month after month.

With rare insight based on his firsthand commodity trading experience, author Mark Douglas demonstrates how mindsets that allow us function effectively in society are often psychological barriers in trading. After examining how we develop losing attitudes, this book prepares you for a thorough “mental housecleaning” of deeply rooted thought processes and habits. The Disciplined Trader helps you join the elite few who have learned how to control their trading behavior and achieve success in the market.

Some of the concepts you'll learn include:
• 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

“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