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Two important book about trading psychology

Akasuki
May 09 2021 at 09:58
617 posts
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
May 09 2021 at 10:20
399 posts
Great books. I have read and listened to these lots of times.
Faujinn
May 10 2021 at 09:56
57 posts
The book is really interesting from them you can learn a lot for yourself
LukeRachel
May 10 2021 at 11:09
477 posts
Thank you very much for providing this information. Books further develop human knowledge.
UweMoench
May 10 2021 at 11:41
751 posts
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.
AliaDare
May 10 2021 at 16:49
788 posts
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.
Suradi (FXOday)
May 10 2021 at 21:32
470 posts
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.
Sar John (Sarjohn)
May 11 2021 at 08:26
187 posts
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.
Bunaya
May 11 2021 at 12:28
54 posts
I have not heard about such books yet, but I think it will be possible to take them for my development
SteveHanks
May 17 2021 at 17:25
536 posts
Books are the best source to learn forex.
Vanza Dorbey (vanzadorbey)
May 18 2021 at 08:41
31 posts
trading is a rigged game. No book will teach you how to trade
jaredtaylor
May 18 2021 at 09:04
50 posts
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.
Pips Laws (Piplaws)
May 26 2021 at 08:00
28 posts
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
May 26 2021 at 23:48
477 posts
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.
Bulldog_M
May 27 2021 at 08:40
16 posts
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?
Bela_fx
May 27 2021 at 12:15
34 posts
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.
SofieAndreasen
May 28 2021 at 16:22
759 posts
I never read a book about trading. I think I should give it a try.
Sar John (Sarjohn)
May 31 2021 at 13:25
187 posts
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
Jun 01 2021 at 09:30
13 posts
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.
Bulldog_M
Jul 08 2021 at 12:00
16 posts
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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