TRADING IN THE ZONE BY MARK DOUGLAS

‎In TRADING IN THE ZONE,

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‎Mark Douglas makes it clear that fundamental and technical analyses alone are not enough to make trading decisions.

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‎For any trader to be truly successful, he must think in probabilities: the outcome of a single trade or a couple of trades is not enough to know whether you are profitable in the long term or not.

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‎Mental analysis must be factored for a trader to make any headway in his career: your behaviour as a trader and those of other traders impact the markets remarkably.

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‎Your trading psychology is extremely important in determining whether you succeed as a trader or not.