Mark Douglas - MIND OVER MARKET (Full length Interview)



PROFESSIONAL BACKGROUND Mark has provided consulting services with Financial Trading Institutions, Investment Banks and firms such as: Chicago Board of Trade, New York Board of Trade ~ Coffee Sugar Cocoa Exchange, Chicago Mercantile Exchange First Chicago Corp., Smith Barney, Tudor Jones, SAAFTI, Dow Jones Telerate Citibank, Deutsche Bank, Swiss Bank MetaStock, Online Investor Expos, The Money Show, Equis Fibonacci Trader and more. These engagements have taken Mark around the world to ~ Europe, Australia, the Far East, India, New Zealand, Russia, as well as across the United States and Canada for over 20 years. Original source of the video all thanks to the original uploader from the website. http://www.trading-naked.com/MD.htm "Trading In The Zone" by Mark Douglas available from Amazon.com http://www.amazon.com/dp/0735201447?tag=nqoos-20&camp=14573&creative=327641&linkCode=as1&creativeASIN=0735201447&adid=1Y5830T5PZPTW0TM4R7E&&ref-refURL=http%3A%2F%2Fwww.trading-naked.com%2FMD.htm Another book by Mark "The Disciplined Trader: Developing Winning Attitudes" http://www.amazon.com/dp/0132157578?tag=nqoos-20&camp=14573&creative=327641&linkCode=as1&creativeASIN=0132157578&adid=16QKHMZGWKTJZ75WBRZQ&&ref-refURL=http%3A%2F%2Fwww.trading-naked.com%2FMD.htm FAIR USE NOTICE: "17 U.S.C. § 107 Notwithstanding the provisions of sections 17 U.S.C. § 106 and 17 U.S.C. § 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright. In determining whether the use made of a work in any particular case is a fair use the factors to be considered shall include: the purpose and character of the use, including whether such use is of a commercial nature or is for nonprofit educational purposes; the nature of the copyrighted work; the amount and substantiality of the portion used in relation to the copyrighted work as a whole; and the effect of the use upon the potential market for or value of the copyrighted work. The fact that a work is unpublished shall not itself bar a finding of fair use if such finding is made upon consideration of all the above factors."

Comments

  1. Luckily, only a few traders really want to change their mentalities. Otherwise, all are winning traders, no losing traders. If that happened, the trading industry will no longer exist any more when everyone has mastered the way of trading games. Since for most tradings, if someone wins, someone else should be a loser on the other side.
  2. Mark, thank you for your wise words and the true trader mindset. Your minds will be always alive and be followed. Many successful traders are infinitely grateful to you, Mark. Rest in peace, dear friend.
  3. I often ask myself what I would do differently if I could to start my trading career over from scratch. THIS IS IT! Experience is priceless, granted, but if you are just starting out, this is GOLD!
  4. Read both books many years ago and still go back to them,essential for all traders.
    Thank you ... RIP.
  5. Mark knew human psychology like no other trader. Really sad that he left us way too early.
  6. The key insight is the outcome of each trade is inherently unpredictable but by the law of large numbers the final expected outcome will approach the population mean.

    Knowing this will alleviate the stress of entering each trade and by focusing on the long term result over the series of trades, one will focus on the positive expectancy of the system, instead of overemphasizing on one particular trade, which is likely to be overly associated with personal pride/worth which is very detrimental to trading.

    Slot machines don't feel, and you can't control/predict what comes out of the slot machine, but it is profitable by way of skewed probability distribution
  7. 28:08- 29.08- best fokn advice in trading life LOL. Great interview guys
  8. The Best advice ever . Excillent
  9. So all my trades are now probes.


    RIP Mark
  10. RIP Mark Douglas. You left the trading world an incredible legacy in form of two of the greatest books on trading psychology. The disciplined trader & Trading in the zone. #RIP
  11. Mark douglas is the greatest teacher of trading psychology.
    thanks for sharing
  12. The slot machine example sums it up perfectly. Good video.
  13. where did u get this vid? please don't ever take it down...this is my 10th time going over it
  14. What an Interview. excellent
  15. Thanks for the video, fantastic. 
  16. Good informational video on trading psychology.Enjoyed it!
  17. For those of you who find Douglas's words helpful, don't miss his book The Disciplined Trader. And no, I don't know Douglas and wasn't paid to say this. Great, great book. Actually, indispensable.
  18. Mark Douglas is Awesome
  19. Mark Douglas = #1 source of information that WORKS. If I had to start over, I'd have read his books first. Would've saved me years in wasted time and hundreds of thousands in losses. I hang on every word this guy says, without implementing the skills he shares, the probability of being consistently profitable is very low.
  20. Excellent video.. THANKS sooo much for sharing it! 


Additional Information:

Visibility: 174885

Duration: 53m 33s

Rating: 1113