Mark Douglas is certainly one of the greatest authors of trading psychology literature. For this post, I wanted to share a video interview he did for Wise Trade TV where he discusses his ideas about trading and the market in general. This is an interview you don’t want to miss. It is full of insights and will lead you to some AHA moments.
Wow! 2017 has been one hell of a year. My results for trading vary a lot from year to year. Some years I’m profitable, some years I’m not. This year has been phenomenal for me, especially on the day trading side.
In today’s post, I want to share a passage from my book, Zero To Hero.
If you’re a trader or an aspiring one, you certainly have an interest in success, and if so, Napoleon Hill will need no introduction.
I’ve failed monumentally as a trader for years, but now I am finally trading successfully. So people often ask me:
- How did you manage to turn your results around?
- What’s the one best piece of advice you can give me about trading?
[This is an old post from 2015 that I’ve recycled and updated. It was originally written in its entirety on my iPhone while I was at the airport waiting for my flight. ]
For many, the key to achieving consistent profitability in the markets has to do with hard work, persistence, vision, focus, confidence, courage… but I’m here to tell that these are all by-products of something else — something much more powerful that we can all develop.