Master of Trading Psychology Mark Douglas is on Wizeminds Discussing Principles For Consistent & Long-term Profits

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Mark Douglas Talks Forex Risk & Psychology

Mark Douglas was the king of trading psychology.

I say ‘was’ because sadly he passed away suddenly last year on the 12th of September 2015.

Mark is recognized far and wide around the world for his work. I am often discussing his work with my members through different quotes he has (and he has many) and also the many ideas he has – on how traders should execute their trades, but also how they should think about their trades when they are executing them.

Trading in the Zone

Those of you who follow my Instagram or Pinterest feeds would be well aware of how much I enjoy posting Mark Douglas quotes and other bits of information. The reason I do this along is to get you thinking about different parts of your trading and to call out an important topic at that time.

In this lesson today I have a really amazing video that shows Mark making a guest appearance on the show Wizeminds and discussing some of his trading lessons. Just above this video I have posted four of my favorite quotes. There are others, but I do enjoy these and I think that these four suit this lesson.

I don’t want to post too much because I want you to take the time to watch Mark in the video below when he was on Wizeminds which will give you massive value.

Then you can go and grab your PDF FREEBIE I have created for you that goes through ➜ The 7 principles for consistent profitable trading and how to achieve it and the 5 fundamental truths of trading.

 

Now, here are my four favorite Mark Douglas quotes;

 

1.  Trading is not about being right or wrong. It’s a probability game.

– Mark Douglas

 

2.  Do the best you can to pay yourself at reasonable profit levels when the market makes the money available.

– Mark Douglas

 

3.The market generates behavior patterns and the patterns repeat themselves, but not every time.     

– Mark Douglas

4. If your goal is to trade like a professional and be a consistent winner, then you must start from the premise that the solutions are in your mind and not in the market.

– Mark Douglas

 

➜ Watch Mark Douglas below on Wizeminds as he discusses the major principles for you to become a long-term consistently profitable trader in any market you choose!

 

 

 

 

➜ Let me know in the comments below your thoughts or feelings on Mark Douglas, his most popular book ‘Trading in the Zone’ and if it has made an impact on your trading or not? and if you got anything out of this video? Let me know below… 

Master of Trading Psychology Mark Douglas is on Wizeminds Discussing Principles For Consistent & Long-term Profits was last modified: July 9th, 2016 by Johnathon Fox
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About Johnathon Fox

Johnathon Fox is a professional Forex and Futures trader who also acts as a mentor and coach to thousands of aspiring traders from countries right around the world. Johnathon specialises in helping traders reach their full trading potential by helping them master the art of price action trading and correct money management techniques. To learn more about how you can become a student of Johnathon’s and learn the strategies he uses, then check out the Forex School Online Lifetime Membership

Comments

  1. Mohammad says:

    Thank you mark douglas for everything.

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