The Disciplined Trader PDF is a book by Mark Douglas that was first published in 1990. The book sold more than 500,000 copies and has been translated into 15 languages.
The book covers the topics of trading psychology and risk management. Douglas argues that most traders lose money not because of bad luck or bad execution, but because of bad mindset. The book has been generally well-received by critics and readers alike. Douglas’ approach to trading psychology is seen as unique and helpful by many.
If you’re looking to improve your trading performance, The Disciplined Trader pdf is a great place to start. The book’s insights on mindset and risk management can help you make better decisions and avoid common mistakes.
Table of Contents
The Disciplined Trader Summary
The book starts by discussing the importance of having a trading plan and sticking to it. It is important to have realistic expectations, know when to take profits and losses, and understand your own risk tolerance.
The author then goes on to discuss the different types of traders (scalpers, day traders, swing traders, etc.) and what their common characteristics are. He also talks about the different trading styles (trend following, counter-trend, etc.) and how to choose the one that fits you best.
The book then goes into detail on risk management and how to develop a sound money management plan. It also covers the topic of psychology and how emotions can impact trading decisions. The author concludes with a chapter on developing a trading plan and sticking to it. Overall, the book is a great resource for those who are looking to develop a sound trading strategy and plan.
Details of The Disciplined Trader Book
| Book | The Disciplined Trader |
| Author | Mark Douglas |
| Original language | English |
| Originally published | April 16, 1990 |
| Category | Business & Economics |
| Publisher | Penguin Publishing Group |
| Total Pages | 256 |
| Format | PDF, ePub |
Multiple Languages Editions of The Disciplined Trader Book
The Disciplined Trader book by Mark Douglas has been translated into multiple languages, making it accessible to readers around the world.
| Book Editions | Check Now |
|---|---|
| English | Check Price |
| German | Check Price |
About the Author
Mark Douglas is an American author and trader who wrote The Disciplined Trader: Developing Winning Attitudes. The book was first published in 1990 and has become a widely popular trading guide, with many traders citing it as helping them to develop the proper mindset for success in trading.
Douglas has over 30 years of experience in trading, starting out as a floor trader on the New York Mercantile Exchange. He eventually moved to working as a broker and then became a registered investment advisor.
Douglas has also authored several other books on trading, including Trading in the Zone: Mastering the Market’s Hidden Dimension and High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets.
The Disciplined Trader book is widely considered to be a classic in the trading world, and has helped countless traders to develop the proper mindset for success. In The Disciplined Trader, Douglas outlines the importance of developing key attitudes such as commitment, confidence, and discipline in order to achieve success in trading.
The Disciplined Trader PDF Free Download
Similar Books to The Disciplined Trader Book
- The Disciplined Mind: Think Differently to Achieve Success by Paul O’Neill
- Mindset: The New Psychology of Success
- The Art of Possibility: Transforming Professional and Personal Life by Rosamund Zander
- The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael Gerber
- The Power Of Your Subconscious Mind
- The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail by Clayton M. Christensen
- The 5 Kinetic Rules of Creative Leadership by Todd Henry
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FAQs(Frequently Asked Questions)
Is The Disciplined Trader a good book?
When it comes to trading, there are all sorts of different strategies and schools of thought out there. But if you’re looking for a well-rounded, comprehensive guide to trading then The Disciplined Trader by Mark Douglas is a great place to start.
Who is the target audience of The Disciplined Trader book?
The Disciplined Trader is aimed at both novice and experienced traders alike.
How long does it take to read The Disciplined Trader pdf?
The book is around 300 pages long, so it shouldn’t take too long to get through.
What is the main purpose of the author to write The Disciplined Trader book?
The author’s main purpose is to provide readers with a clear and concise guide to trading. He covers everything from the basics of technical analysis to more advanced topics like risk management.
Is The Disciplined Trader book easy to read?
Yes, the book is written in a clear and concise manner.
