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
CraigMcG2020
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.
The book is really interesting from them you can learn a lot for yourself
LukeRachel
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.
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.
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.
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.
Davidfx89 posted: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.
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
I have not heard about such books yet, but I think it will be possible to take them for my development
SteveHanks
Member Since Mar 17, 2021
536 posts
May 17 2021 at 17:25
Books are the best source to learn forex.
Vanza Dorbey
(vanzadorbey)
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
jaredtaylor
Member Since Aug 05, 2019
50 posts
May 18 2021 at 09:04
vanzadorbey posted:Trading is not really a rigged game. But yes I agree that book will not teach us how to trade.
trading is a rigged game. No book will teach you how to trade
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.
LukeRachel
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.
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?
Bulldog_M posted:The Forex Mindset: The Skills and Winning Attitude You Need for More Profitable Forex Trading by Jared Martinez.
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?
SofieAndreasen
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.
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.
eddieteddie
Member Since May 31, 2021
13 posts
Jun 01 2021 at 09:30
Sarjohn posted:Agreed!
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.
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.