We're publishing a new series ๐
Including the book Trading in the Zone
Master trading the market with confidence
Discipline
and a winning attitude
Author: Mark Douglas
Translator: Wissam Al-Sabbagh
Translator's introduction
In the name of God, the Most Gracious, the Most Merciful
It is no secret to anyone who trades in the financial markets that a large percentage of traders lose money. But
what is more puzzling than
anything is that a considerable number of these very losers are among the best
analysts!!!
In his book "Trading in the Zone," Mark Douglas explains the reason for this at length, showing
in a logical sequence that the main factor is our way of thinking. He believes that developing a new mindset based on probability, first
and foremost, will be the cornerstone of changing our results. Douglas also emphasizes that adopting a winning attitudeโwhich includes our behaviors, thoughts, and even beliefsโis far more important than focusing on learning everything we can about the markets. The author also discusses many of the problems we face while trading, pointing out that we suffer from some of them without even realizing they exist. Douglas then unveils them and offers solutions to address them. In short, this book, supported by examples, gives the utmost importance to the psychological factor, while assigning less importance to market knowledge such as analysis, which will follow naturally after
we correct our misconceptions. No matter how sophisticated our market analysis may be, it will not give us... To be continued...
$BTC
Including the book Trading in the Zone
Master trading the market with confidence
Discipline
and a winning attitude
Author: Mark Douglas
Translator: Wissam Al-Sabbagh
Translator's introduction
In the name of God, the Most Gracious, the Most Merciful
It is no secret to anyone who trades in the financial markets that a large percentage of traders lose money. But
what is more puzzling than
anything is that a considerable number of these very losers are among the best
analysts!!!
In his book "Trading in the Zone," Mark Douglas explains the reason for this at length, showing
in a logical sequence that the main factor is our way of thinking. He believes that developing a new mindset based on probability, first
and foremost, will be the cornerstone of changing our results. Douglas also emphasizes that adopting a winning attitudeโwhich includes our behaviors, thoughts, and even beliefsโis far more important than focusing on learning everything we can about the markets. The author also discusses many of the problems we face while trading, pointing out that we suffer from some of them without even realizing they exist. Douglas then unveils them and offers solutions to address them. In short, this book, supported by examples, gives the utmost importance to the psychological factor, while assigning less importance to market knowledge such as analysis, which will follow naturally after
we correct our misconceptions. No matter how sophisticated our market analysis may be, it will not give us... To be continued...
$BTC