Saturday, April 2, 2011

Mental Strategies of Winning traders

Mark Douglas - Mind Over Market 1/7


I found this video on youtube by Mark Douglas (expert in trading psychology), and I thought it's very very good !! I recommend everybody to watch it (I watched it @ least 4x already). A quote from the video: "If consistent result is your objective, then you need to start thinking like a professional trader. Trading is not about being right or wrong, and when you begin to learn to accept the risk of losing then everything abt your trading will change. A professional, when he sees a pattern, he'll just take the trade. Except to think about your risk and how to take profit, there's ABSOLUTELY NOTHING else to think about, because there's no way you can know what the outcome is going to be."

video 1: http://www.youtube.com/watch?v=ypCjoH1EsQ4
video 2: http://www.youtube.com/watch?v=NHJtLuaHxHQ
video 3: http://www.youtube.com/watch?v=ZmIZekqgST4
video 4: http://www.youtube.com/watch?v=dkmbfMzRjFw
video 5: http://www.youtube.com/watch?v=Vx6wL0zHjoE
video 6: http://www.youtube.com/watch?v=hQ9XM55pclw enjoy!

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