Jumia Books The Disciplined Trader - Developing Winningbattitudes

One of the first books to address the psychological nature of how successful traders think ~ The Disciplined Trader™is now an industry classic.   In this ground-breaking work published in 1990 ~ Douglas examines the causes as to why most traders cannot raise and keep their equity on a consistent basis ~ and brings the reader to practical and unique conclusions as to how to go about changing any limiting mindset. The trader is taken through a step-by-step process to breakthrough those queries ~ and begin to understand that their very thoughts may be limiting their ability to accumulate and succeed at trading.
"Emotion kills successful trading."
 
In The Disciplined Trader,™ Mark Douglas, an expert on the dynamics of trading,shows why most traders are unprepared for the different and unique strategies required for success in the trading environment.  With rare insight based on his first-hand commodity trading experience, the author demonstrates why the beliefs learned to function effectively in society are often formidable psychological barriers in trading. After examining the causes for the development of losing attitudes, this book prepares the reader for a thorough "mental house-cleaning" of deeply rooted concepts and traditional thought processes. And then it shows the reader how to develop and apply attitudes and behaviors that transcend psychological obstacles and lead to success.
 
The Disciplined Trader™helps you join the elite few who have learned how to control their trading behavior (the few traders who consistently take the greatest percentage of profits out of the market) by developing a systematic,step-by-step approach for winning week after week, month after month.
 
The Disciplined Trader™is divided into four parts:
 
·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
In a comprehensive and logical manner, Mark Douglas shows you how to examine and limit your trading behavior--how to develop the mental discipline possessed by the small minority of winners who make money consistently (weekly, monthly, and yearly).