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Old 04-14-2007, 09:14 PM
Mr. Now Mr. Now is offline
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Join Date: Jun 2004
Location: The Present
Posts: 1,953
Default Re: What are traders?

Mark Douglas built a large lifestyle of material consumption from trading profits, then he went bankrupt. Literally. He lost everything.

Then he came all the way back (in trading) after starting over with all-new beliefs about the market and risk.

Then he wrote his books.

Have you actually examined both of his books in detail, from front to back? Have you met the man?

Mark Douglas used to be very arrogant, and that is part of exactly how he went bankrupt. He describes all of this in detail, in his excellent books on trader psychology.

It can be difficult to fully understand the importance of his writing without extensive experience.
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