douglas, mark - the disciplined trader (1990) - isbn-0132157578 [245].pdf

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  • Jatinder Sodhi

  • Jatinder Sodhi

  • Jatinder Sodhi

    Jatinder Sodhi

  • CoverFront flapBack flapTitleContentsForewordPrefaceAcknowledgmentsPART IIntroductionCHAPTER 1Why I Wrote this Book

    CHAPTER 2Why a New Thinking Methodology?Culturally Learned Behavior that results in an Unsuccessful Trading ExperienceSkills to be acquiredHow is this different from a Trading System?Unsuccessful TradersLack of SkillsLimiting BeliefsLack of Self-Discipline

    PART II The Nature of the Trading Environment from a Psychological PerspectiveCHAPTER 3The Market is always Right

    CHAPTER 4There is Unlimited Potential for Profit and Loss

    CHAPTER 5Prices are in Perpetual Motion with No Defined Beginning or Ending

    CHAPTER 6The Market is an Unstructured Environment

    CHAPTER 7In the Market Environment, Reasons are IrrelevantWhy do we Trade?Definition of Trading

    CHAPTER 8The Three Stages to Becoming a Successful TraderYou Create Your Experience of The MarketPerceiving OpportunityExecuting Your TradesAccumulating ProfitsSelf-Acceptance

    PART IIIBuilding a Framework for Understanding OurselvesCHAPTER 9Understanding the Nature of the Mental EnvironmentWhat Exactly is the Mental (Inner) Environment?What is Experience?How does the Mental Environment Correspond to the Characteristics and Properties of Energy?Energy is Non-DimensionalSpeed

    CHAPTER 10Memories, Associations, and BeliefsHow Memories, Associations, and Beliefs Manage Environmental InformationMemories are stored as Charged EnergyThe Characteristics of Positively Charged EnergyThe Characteristics of Negatively Charged Energy

    AssociationsThe Energy Loop between the Physical and Mental EnvironmentsDistinctionsHow Our Perceptions Shape Our Experiences

    The Relationship between Perceptions and EmotionsBeliefsHow Our Fears Function to create the Experience We are Trying to Avoid

    CHAPTER 11Why We Need to Learn How to AdaptLearning and The Quality of Our ExperiencesWhat We Already Know Will Block What We Haven't Learned YetWhat We Do Know Becomes Obsolete

    CHAPTER 12The Dynamics of Goal AchievementThe Perfection of The MomentAll Traders Give Themselves Exactly What They Deserve

    CHAPTER 13Managing Mental EnergyThe Benefits of Learning how to Manage Mental EnergyIncreased Sense of Security and ConfidenceIncreased Levels of SatisfactionIncreased IntuitionWisdom

    CHAPTER 14Techniques for Effecting ChangeDirecting a Conscious Shift in Belief SystemsExercise to Identify Conflicting BeliefsAsking Yourself Questions

    Writing as a Technique to Effect ChangeAn Exercise to Develop Self-DisciplineSelf-HypnosisPositive Affirmations

    PART IVHow to Become a Disciplined TraderCHAPTER 15The Psychology of Price MovementMarket BehaviorSignificant Reference PointsBalance AreasHighs and LowsSupport and ResistanceSupport Becomes Resistance and Resistance Becomes SupportTrends and Trendlines

    CHAPTER 16The Steps to SuccessStep One: Staying Focused on What You Need to LearnStep Two: Dealing With LossesTrading Rule 1Trading Rule 2

    Step Three: Becoming an Expert at Just One Market BehaviorStep Four: Learning How to Execute a Trading System FlawlesslyExercise

    Step Five: Learning to Think in ProbabilitiesStep Six: Learning to Be ObjectiveStep Seven: Learning to Monitor YourselfTrading Rules

    CHAPTER 17 Final Note

    INDEX