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Business literature

The Disciplined Trader

eng. The Disciplined Trader: Developing Winning Attitudes · 1990
Prepared bythe Litseller editorial team.Our goal is to share concise, accurate, and valuable book summaries for personal growth and education.

Interesting Facts

  • The book focuses on the psychological aspects of trading, emphasizing the importance of discipline and emotional control.
  • The author asserts that success in trading depends not only on knowledge and skills but also on the right attitude and mindset.
  • One of the key ideas of the book is the necessity of accepting risk as an integral part of trading.
  • Mark Douglas explains how fear and greed can negatively impact traders' decision-making.
  • The book offers practical advice and exercises for developing discipline and self-confidence.
  • The author shares personal experiences and examples from his career to illustrate the importance of psychological preparation in trading.
The Disciplined Trader
Date of publication: 1 February 2025
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Author
Original titleeng. The Disciplined Trader: Developing Winning Attitudes · 1990