That’s why it’s crucial for you to… Choose a trading community that teaches you things beyond strategies and respects your opinions The book Trading in The Zone by Mark Douglas is possibly the most influential book in the trading industry — and for a great reason. Who remembers when fundamental analysis was considered the only real or reasonable way to make trading decisions? When I started trading in 1978, technical analysis was used only by a handful of traders, whom the rest of the market community considered crazy at best. In this case, I suggest using the Average True Range indicator then multiply its value by three (3 ATR) as a buffer.

If your identity as a trader is inconsistent, then you can be damn sure your market analysis and results would be inconsistent as well.

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Most traders show their gains to feel good about themselves but never actually contribute their journey on what it took to achieve those gains. trading offers complete freedom to analyse market,enter,exit whenver i like,but only very few people are ready to this freedom! He is the most followed trader in Singapore with more than 100,000 traders reading his blog every month... Each individual will define, interpret, and consequently experience whatever information he is exposed to in his unique way.”

While these are important things to understand and master to gain an edge in anyone's process, the fact remains that people can simply fall to the wrong side of a trade for no fault of their own. Hence, do not expect your methods or the market to perform consistently. Do not be disappointed when you are wrong, or become overconfident when you are right. It is about implementing your method consistently regardless of wins and losses. Because wins and losses will stir your feelings and cause you to act irrationally, and result in self-sabotage. While some trading communities will boost your growth as each member attempts to learn from each other’s differences. So the moment you join a group and encounter a similar scenario wherein someone in authority hypes a particular market with a “guarantee” mindset and removes opinions against it… The fact that a model makes a logical and reasonable projection based on all relevant variables does not matter much if the traders responsible for the majority of trading volume do not know or trust the model. Are.Mark Douglas’ Trading in The Zone is truly a phenomenal book for traders to invest their time and money. If you want to call it a problem, it is a problem of technical analysis. Once you learn to identify patterns and read the market, you will find that there are unlimited opportunities to make money.

Only the best traders cut their losses without reservation or hesitation when the market tells them the trade isn’t working.” urn:lcp:tradinginzonemas00doug:epub:c240ba7a-c478-426d-818d-e227dd8100af Extramarc OhioLINK Library Catalog Foldoutcount 0 Identifier tradinginzonemas00doug Identifier-ark ark:/13960/t47q34h38 Invoice 1213 Isbn 9780735201446 I love the way Mark explained why people love trading, and I think to some extent I felt it is true for me. PDF / EPUB File Name: Trading_in_the_Zone__Master_the_Market_wit_-_Mark_Douglas.pdf, Trading_in_the_Zone__Master_the_Market_wit_-_Mark_Douglas.epub Our servers are getting hit pretty hard right now. To continue shopping, enter the characters as they are shown

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I think the above quote is true – we see what we want to see. We filter information every second and we do that in trading too. We will filter out the information that will cause us pain and select information that gives us pleasure. And doing these seldom lead us to profits. You’re the boss of your trading portfolio, and your trading platform is your employee to decide for you in advance!