3 Stages of becoming a SUCCESSFUL Trader - Mark Douglas Trading Psychology

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This is an short video on Mark Douglas's Trading Psychology, who has written all time classic books on trading psychology: Trading in the zone and The Disciplined Trader.

Everyone wants to become a successful trader but no one talks about the journey that a trader has to go through in order to become successful.
This video showcases the 3 stages that a trader has to go through in his journey in order to become a successful trader.

Mark Douglas talked about these 3 stages briefly in his book, but in this video I go into much more detail about those stages why are they necessary.

#tradingstrategy #tradingmindset

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Kudos to me and other people who bump into this video, Thanks a lot Sir !!!

animalslife

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

averyrinn

I was a wandering trader for 2-3 years. It took 5 months for me to build a sustainable growth system. This video is 100% real. I guarantee.

charismafunds

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly

AvaAdams-lyvu

Yes. I can relate this. I am in third stage after 3 years of hard work

Jaikerala

This is probably the best trading video ever. Indeed, most traders try to jump the first stage and that's why it remains prohibitively difficult.

el-sig

this is the sauce fr u have to mechanical navigate yourself first

when ur field awareness comes to its higher potential you will unlock god mode in your own life
using trading

SoulPapiii

This has to be the absolute best explanation on how-to trade I've ever heard. You have totally simplified the process. I am at stage 1 and 3/4 almost 2. Thank you!

ljseveran

My 1st time to hear that and I'm trading for 2 years....thank youuuu so much amazing job.

rozen

Honestly, this is the first time, I really understand a trading video I watched

hintixmotivation

Very beautifully explained.. Thank you bro.

sp-yeht

Going to get started on the mechanicals 👍🏾 and developing self-discipline etc.

tenacious

I think I have started off with mechanical stage. Let's see how it goes. Thanks a lot for this content

abhayrege

The most correct advice on trading i have ever got, one can start with 1:1 risk reward ratio to be disciplined, one can develop confidence as there will be more number of successful trades with 1:1 RR ratio than in 1:2or 1:3. All I have learnt is one can not get big move daily, but there are 10-20 small moves daily with 1:1 RR ratio. once one becomes disciplined to trade all possible trade with 1:1 ratio, one can increase quantity to get big profit anytime anyday.

Sonu-eesl

I just wanna say thank you for this master piece . It's indeed a great source of building a consistent profitable trading career, and like some already congrats to everyone who will view, understand and apply these guides .

btblnaire