Skip to product information
1 of 1

Mark Douglas And Paula T. Webb Ph. D

The Disciplined Trader By Mark Douglas And Paula T. Webb Ph. D

The Disciplined Trader By Mark Douglas And Paula T. Webb Ph. D

Regular price Rs 3,450.00 LKR
3 X Rs 1,150.00 or 8% Cashback with Mintpay Mintpay Education
or pay in 3 x Rs 1,150.00 with Koko Koko
Regular price Sale price Rs 3,450.00 LKR
Sale Sold out

Free Shipping & Bookmarks

FREE shipping (Over Rs.4,500) Along With bookmarks included.

Order before 12 PM for next day delivery.

Motivational Posters (FREE)

These posters makes your wall look beautiful as well as inspiring.

12 x 18" 350GSM Art Paper

Wall Art For Bedroom, Office, Living room

Shipping Info

We always use Express Shipping for every delivery,

So you'll get your package within 1-2 business days after it leaves our warehouse.

View full details

The Disciplined Trader by Mark Douglas and Paula T. Webb, Ph.D.

The Disciplined Trader by Mark Douglas, co-authored with Paula T. Webb, is a highly influential book in the world of trading and investing. It is widely regarded as one of the foundational works on trading psychology, offering deep insights into the mental and emotional challenges that traders face. The book is focused on the importance of discipline and mindset for success in the highly volatile and unpredictable world of financial markets.

Douglas explores how the psychological aspects of trading are often the key determinants of success or failure, far beyond technical skills or market knowledge. The book emphasizes how understanding your psychological tendencies and developing mental discipline can drastically improve trading performance.

Synopsis

In The Disciplined Trader, Mark Douglas dives deep into the emotional and psychological components of trading. The book highlights how psychological biases—such as fear, greed, and overconfidence can lead to poor decision-making and trading mistakes. The authors emphasize the importance of emotional control, discipline, and a positive mental attitude to succeed in the markets.

Some of the core themes explored in the book include:

  • Psychology of Trading: How emotions and mental states, such as fear and greed, affect decision-making and trading success.
  • Developing Mental Discipline: The importance of creating a mindset that allows for clear, focused decision-making in the face of uncertainty.
  • Handling Losses: How to handle the psychological stress of losses and how to build resilience.
  • Trader’s Mindset: The role of perception, beliefs, and attitudes in shaping trading behavior.
  • Systematic Approaches: The benefits of having a disciplined, systematic approach to trading, including risk management and strategy development.

Douglas draws upon years of experience in the trading industry and the psychology of decision-making to provide traders with practical tools for cultivating mental discipline and emotional resilience. This book is not just about technical strategies, but more about mastering the mental side of trading for long-term success.

Why You Should Read This Book

  • Psychological Insights – Learn how your emotions and thoughts directly impact your trading performance, and how to manage them effectively.
  • Improved Trading Discipline – Discover how to develop the mindset necessary to make better, more disciplined trading decisions.
  • Long-Term Success – Understand the importance of mental resilience and emotional control in navigating the ups and downs of the financial markets.
  • Comprehensive Guide to Trading Psychology – This book is an in-depth resource for traders who want to take their trading psychology to the next level.

Book Details

Title: The Disciplined Trader
Author: Mark Douglas and Paula T. Webb, Ph.D.
ISBN: 978-0132157574
Publisher: Prentice Hall
Published Year: 1990
Number of Pages: 272
Binding: Paperback

Availability at Booxworm.lk

You can purchase The Disciplined Trader by Mark Douglas and Paula T. Webb from our online store, booxworm.lk, or visit our physical store to grab your copy.

Physical Store Location:

Colombo 6, Wellawatte – 180 W.A. Silva Mawatha