Prentice Hall Press The Disciplined Trader & Trading In The Zone

One of the first books to address the psychological nature of successful traders' thinking ~ The Disciplined Trader™is now an industry classic.   In this ground-breaking work published in 1990 ~ Douglas examines the causes why most traders cannot raise and keep their equity consistently ~ and brings the reader to practical and unique conclusions as to how to change any limiting mindset. 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.

Douglas uncovers the underlying reasons for the lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one, teaching traders to look beyond rand0m outcomes, understand the true realities of risk, and be comfortable with the "probabilities" of market movement that govern all market speculation.

In my book, the trader is guided 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 wealth 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 to learning the mental skills necessary for consistently accumulating the wealth they desire.