THE DISCIPLINED TRADER By MARK DOUGLAS

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

With rare insight based on his firsthand commodity trading experience, author Mark Douglas demonstrates how the mental matters that allow us to 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 then it shows the reader how to develop and apply attitudes and behaviours 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 to winning week after week, month after month.


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 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.