Mark Douglas – Trading Psychology
In this six hour presentation, Mark helps those traders who may not have an extensive knowledge of how the markets work or interact with the individual or institutional trader have a deeper understanding of just what trading is all about. If you are relatively new to trading less than five years full time trading or have changed careers to jump into the game, then this presentation is for you.
Mark Douglas will cover: Mark Douglas
- trading skills
- the three developmental modes of trading; mechanical, subjective, intuitive
- the dynamics of price movement
- characteristics of technical analysis
- the relationship between the math and market movement
- And much more!
Trading consistently requires a certain degree of psychological agility. There are a number of mental skills that need to be learned to be able to utilize a trading methodology to its maximum potential.
For example, I’m sure everyone has either heard the adage “to be a successful trader, you have to cut your losses short and let your profits run.” This is certainly a sound formula for success, but it is much easier said than done. It’s because the ability to make your losing trades much smaller than the profits from your winning trades on a consistent basis is a function of the way you “think” about trading. It falls into the category of a mental trading skill, not a technical skill as most traders assume.
Learning a good technical method and developing a sound trading plan can turn the market into an unending stream of opportunities. And that’s something to really get excited about. But that excitement can easily turn into frustration, if you don’t have the mental skills to execute your trades in manner that is consistent with your method or plan.
Salepage: Mark Douglas – Trading Psychology
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