Popular Highlights in this book:
As a trader, you have to decide what is more important—being right or making money—because the two are not always compatible or consistent with one another.
Essentially, what you fear is not the markets but rather your inability to do what you need to do, when you need to do it, without hesitation.
Review:
One of the first books to address the psychological nature of how successful traders think ~ The Disciplined Trader™ is an industry classic. Douglas helps traders neutralize the fear of losing into a mindset ofwinning ~ through this systematic approach to creating, instilling, andmaintaining the mindset of a consistently successful trader. — Global Publishing House
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
The Disciplined Trader was one of the first books to introduce the necessity of a specific mindset for traders. Here in this book, traders are brought a thought-provoking methodology to better themselves. It is concise, systematic, and a vehicle for traders to learn about themselves from a mental perspective to always take profit. I have to say, Mark and Paula are different from all the rest, because they live the concepts they teach traders. Dr. Van K. Tharp, author of ‘Trading Your Way to Financial Freedom’
