In this book, expert on the driving forces of trading, Mark Douglas, explains why most traders are not ready to switch to other (often completely different) tactics, without which they cannot succeed in the market. Drawing on rare insight gained through personal experience trading the commodity markets, Mark Douglas shows why concepts learned to succeed in society often become serious psychological barriers in the marketplace. Having revealed the reasons for the development of a defeatist attitude, the author then proceeds to prepare the reader for a “general cleaning of his inner world” with the uprooting of the concepts and traditional way of thinking that have settled there. The book goes on to teach you how to develop and apply an approach and tactics that overcome psychological barriers and lead to success. The Disciplined Trader will help the reader join the select few who have learned to manage their market actions (these few are traders who consistently achieve the market with the highest profit margin). They achieved this by mastering the principle of systematic, step-by-step (from week to week and from month to month) increase in profit. The book consists of four parts: - An overview of the psychological requirements for action in the market environment. - Identification of the difficulties and obstacles to becoming a successful trader .- A general analysis of changes that may need to be made in market behavior, and recommendations for developing a framework of concepts to achieve this goal.- Recommendations for developing specific trading skills based on a clear, objective assessment of market actions.