Re: What are traders?
I believe anyone trading in any time frame (longer time frames) can benefit from Douglas. He covers a ton of material related to behavioral issues like loss aversion, the disposition effect, fear effects etc.
He also shows what trading can do to awareness, and how fear actually effects awareness and perception.
I agree completely that, for some, his essential points in his books are difficult to see if you do not have some depth of experience.
The books make perfect sense to pro or semipro traders.
I want to see an "Ask Mr. Baseball About Trading for a Living" thread.
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