Aug 29, 2014

SOME EXCERPTS FROM MARK DOUGLAS' BOOK 'TRADING IN THE ZONE'

SOME EXCERPTS FROM MARK DOUGLAS' BOOK 'TRADING IN THE ZONE' While this may sound complicated, it all boils down to learning to believe that: (1) you don't need to know what's going to happen next to make money; (2) anything can happen; and (3) every moment is unique, meaning every edge and outcome is truly a unique experience. The trade either works or it doesn't. In any case, you wait for the next edge to appear and go through the process again...

Aug 16, 2014

SIGNS OF NEW TRADER

SIGNS OF NEW TRADER. 1      New Traders believe there is some magic trading method that always wins, they search for the Holy Grail of trading. 2      New Traders do not understand that the very best traders have strings of losses , losing months, and sometimes even losing years. They think rich traders always win. 3      New Traders want to know what is going up...