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Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?


To: LemonFlavor who wrote (406)2/11/2001 7:34:07 PM
From: chris-  Read Replies (2) | Respond to of 867
 
Differences between the books:

I've been on the phone three times with Mr. Douglas in the past two weeks regarding his insight into this fascinating topic we discuss in the last 100 or so posts.

He told me of the progression of his books. The Disciplined Trader took him nearly 8 years to write as he gathered experiences with traders, developed a slew of personal insight and inspirations that literally turned out to be nearly 1000 pages...of course he had to condense it to something more "readable" and did so over the course of his 8 year stint in writing the Disciplined Trader. What Trading in the Zone offers (I'm only 1/2 way through it still) is the continuation of The Disciplined Trader, going into the deeper issues concerning not only intuition but key concerns such as responsibilities, realizing and understanding deeply rooted fears and how it may affect our trading today, etc.

The Intuitive Trader, also one of my favorite books, deals more of a face value approach to our table, in which many talk about "intuition" as it develops and aids us in our trading, but doesn't have the "meat" underlying the process that Douglas tries to get through in his message in both books he's written. I think reading the Intuitive Trader, gaining insight into a topic that may or may not strike a chord with you, will lead you into Douglas's books that will go more in depth into the process of developing the "proper mindset" of a trader. All three books are definite reads for those that feel there is something within the psychology of trading.

I say this only because many don't believe trading is an art form, where purely mechanical trading rules the roost so I don't expect this type of person to:

1. Relate to this information
2. Accept this information if read

Just my thoughts on the two.

Chris



To: LemonFlavor who wrote (406)2/12/2001 7:08:04 AM
From: h.g.  Respond to of 867
 
LemonFlavor:

Wow, they're both great books. To me "Trading in the Zone" should be read and studied first and then "The Intuitive Trader". Reason is the following:

In the first half of "Trading in the Zone", Mark Douglas goes into great detail of the "What" and "Why" of the negative attitudes and belief systems of people and the effects these systems have on traders. In the second half of the book, he establishes a "How". As he says, we have a "glitch" in our software code and he offers a "how" to re-write that code. Once we firmly establish this belief system then we can access the "Zone", the present time of trading. This, IMO, is when the intuition can take place. True intuition can not exist, or I should say it gets mis-interpretted by the subliminal contradictory belief systems we have as traders.

All my previous post have been based upon my 13 years of very intense spiritual work and the successful experience I have had in applying this information to other aspects of my life. This completely changed the way in which I function emotional, mentally and physically. I have learned with great detail "how" to debug the code, deprogram the negative attitudes, and how to re-write the code, reprogram my functioning life. In regards to trading, I have no problem seeing the problem code, but I have been searching for sometime for assistance as to what "code" to install, to re-write. IMO, this book is it!

Once you establish a solid, clean mental state of mind basis, then you can access the "Zone" and allow your true intuition to come into being.

Therefore I recommend both books, for they compliment each other or better yet, should follow each other.

Happy Reading!