The Psychology of Trading
I am starting to read Trading in The Zone by Mark Douglas. I read it last summer during my SA stint and was not trading. Was just curious if anyone else had read it or is interested.
The book is about the factors that influence traders and differentiate good traders and bad traders and why the best traders truly excel. Personally I really do agree that the internal factors are what determine the winners from the losers.
I would like to dedicate a thread to talking about the psychology of trading. I think far too many people on this board look at trading as overly quantitative and fail to realize that there are so many other factors that are more important than your ability to understand complex math.
Just trying to see if there is any interest out there in discussing this part of trading. Will post some interesting articles that I have collected over the years. I would like to ask that the thread remain focused with the psychological aspects that affect performance in trading and not have this turn into a flame war.