The Disciplined Trader: Developing Winning Attitudes

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 groundbreaking work published in 1990 Douglas and Webb examine 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 break through those queries and begin to understand that their very thoughts may be limiting their ability to accumulate and succeed at trading.

The Disciplined Trader is critical for those new to the markets, to traders who are returning to the markets, and even veteran traders who cannot seem to break through to a higher threshold of accumulation and consistency. The reader will learn that the market is unstructured unlike any other career field; will learn the Three Stages to Becoming a Successful Trader; learn how their very thoughts manage how they perceive the markets; and learn how to adapt to the ever-changing market environments. Douglas and Webb help traders neutralize the fear of losing into a mindset of winning through this systematic approach to creating, instilling, and maintaining the mindset of a consistently successful trader.