Two important book about trading psychology

May 09, 2021 at 09:58
1,573 Views
26 Replies
Member Since Mar 28, 2021   617 posts
May 09, 2021 at 09:58
To know properly about trading psychology, each trader must read the publication 'The Disciplined Traders' by Mark Douglas. In Addition to This you can also browse the novel 'Trading in the Zone' by Mark Douglas
Member Since Jul 20, 2020   399 posts
May 09, 2021 at 10:20
Great books. I have read and listened to these lots of times.
Member Since Nov 02, 2020   57 posts
May 10, 2021 at 09:56
The book is really interesting from them you can learn a lot for yourself
Member Since Mar 16, 2021   477 posts
May 10, 2021 at 11:09
Thank you very much for providing this information. Books further develop human knowledge.
Member Since Jul 19, 2020   751 posts
May 10, 2021 at 11:41
Yes these two books are the best about trading psychology. Every trader should read them. It will certainly help you to develop your trading ability.
Member Since Jul 19, 2020   788 posts
May 10, 2021 at 16:49
Of course, every trader needs to read these two books. It is very difficult to make a profit without trading in psychology. There have been so many with me that I have traded profitably close to losing. Just because I don't have the right mindset.
Member Since Apr 03, 2021   470 posts
May 10, 2021 at 21:32
Psychology has a high role in every trading decision, this is about how to control emotion because sometimes emotion like as enemy that appears from own selves, reading psychology book maybe help to build up better psychology, but actually will back to each trader personality, if trader cant improves their own selves will hard to make better psychology trading.
Member Since Dec 28, 2020   187 posts
May 11, 2021 at 08:26
Davidfx89 posted:
so many trading books are available in online about psychology of trading but honestly speaking any kind of bookish knowledge can be useless if there is no regular practice
Agreed, any theoretical knowledge is waste until and unless the knowledge is practiced regularly. When we practice regularly we get to know about the actual difficulties we face while trading.
Member Since Nov 05, 2020   54 posts
May 11, 2021 at 12:28
I have not heard about such books yet, but I think it will be possible to take them for my development
Member Since Mar 17, 2021   536 posts
May 17, 2021 at 17:25
Books are the best source to learn forex.
Member Since Jan 17, 2021   31 posts
May 18, 2021 at 08:41
trading is a rigged game. No book will teach you how to trade
Member Since Aug 05, 2019   50 posts
May 18, 2021 at 09:04
vanzadorbey posted:
trading is a rigged game. No book will teach you how to trade
Trading is not really a rigged game. But yes I agree that book will not teach us how to trade.
Member Since Apr 03, 2021   28 posts
May 26, 2021 at 08:00
Yes, these have been pretty helpful to me too. Books can be quite helpful if you are in the process of learning and if someone wants to develop the right trading psychology, they should really work towards it in different ways.
Member Since Mar 16, 2021   477 posts
May 26, 2021 at 23:48
Forex trading is a brain game. So it is very important to control the mind in trading. Therefore, it is the responsibility of every trader to control psychology.
Member Since May 27, 2021   16 posts
May 27, 2021 at 08:40
I agree, books can help you bring in that positivity you need for trading. Also, for me, yoga has been of help too. Anyone have any new recommendations for books on trading mindset?
Member Since Nov 02, 2020   34 posts
May 27, 2021 at 12:15
Bulldog_M posted:
I agree, books can help you bring in that positivity you need for trading. Also, for me, yoga has been of help too. Anyone have any new recommendations for books on trading mindset?
The Forex Mindset: The Skills and Winning Attitude You Need for More Profitable Forex Trading by Jared Martinez.
Member Since Jul 23, 2020   759 posts
May 28, 2021 at 16:22
I never read a book about trading. I think I should give it a try.
Member Since Dec 28, 2020   187 posts
May 31, 2021 at 13:25
If you are a new trader do not only focus on gaining knowledge and learning skills in fact also focus on trading psychology, this will help you to remain calm, positive and help to control your emotions. Of course these books will help you a lot so read these books also.
Member Since May 31, 2021   13 posts
Jun 01, 2021 at 09:30
Sarjohn posted:
If you are a new trader do not only focus on gaining knowledge and learning skills in fact also focus on trading psychology, this will help you to remain calm, positive and help to control your emotions. Of course these books will help you a lot so read these books also.
Agreed!
Books are a great source of gaining forex trading knowledge. The Disciplined Trader by Mark Douglas is one such book which trains you on good psychological control.
Member Since May 27, 2021   16 posts
Jul 08, 2021 at 12:00
Bela_fx posted:
Bulldog_M posted:
I agree, books can help you bring in that positivity you need for trading. Also, for me, yoga has been of help too. Anyone have any new recommendations for books on trading mindset?
The Forex Mindset: The Skills and Winning Attitude You Need for More Profitable Forex Trading by Jared Martinez.
Will check that out, thanks for sharing.
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