FOREX TRADING

I uploaded a new e-book about trading in the psychology section today. It’s The Disciplined Trader by Mark Douglas. The book is all about the process of developing the new winning attitudes in the financial market traders. The great deal of success in the market depends on a clearness of the trader’s mind and his ability to make rational thoughtful decisions. Unfortunately the market is quite a difficult entity, which can disturb emotions and dim minds. From the psychological point of view the market had better be accepted as the trader’s environment, but its actions towards the trader had better be treated with a great care. Discipline is a tool, which can help a trader see not his guilt, worthlessness or helplessness in the bad trade outcomes but rather see losses as the expenses. Meanwhile, the profits had bettern’t be treated as the rewards for trading itself but rather as a reward for the weighted decision made at a right moment of time. You can download this book for free:

• The Disciplined Trader

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Read the rest of The Disciplined Trader (15 words)

Posted on Forex blog.