The Disciplined Trader: Developing Winning Attitudes” By Mark Douglas

Introduction To ‘The Disciplined Trader’ By Mark Douglas

Any discussion of trading psychology must begin with Mark Douglas’s classic text, The Disciplined Trader: Developing Winning Attitudes (1990). This book is still considered required reading for traders trying to understand what they must do to ‘get in the game’. This directory of the trader’s psyche is billed as a ‘spiritual self-help book’ that will help the reader break through a plethora of psychological issues, such as fear, greed, self-doubt, impatience and arrogance. Here, the transformation process is described as a transition from ego to self. The rest is discipline.