MBG Markets-A book elevates you to become a market winner

todayMex GroupRecommend a good book to everyone - "Psychoanalysis of Trading"（Trading in the Zone）. Author Mark Douglas（Mark Douglas）He is one of the few experienced trading psychologists whose books often reveal the secrets of successful trading and eliminate many unpredictable factors, making him highly respected.

Whether you are a newcomer to the stock market or an experienced stock trader, if you want to consistently profit in the financial market, you should read this book on stock trading psychology. It will help you break free from the cycle of losers and become a market winner! Of course, in addition to the stock market, it also applies to other financial markets. For example, stir frying coins.

Mark DouglasI have trained countless traders throughout my life, and his trading attitude and advice are very refined. If you want to achieve sustained profits in your trading career, please take seriously the following trading rules that he values the most:

一．弥补“盈利差距”才是需要做的事

书中经常提到一个词语，叫做“盈利差距”。指的是跟随交易方法可能获得的盈利，与你真实获得的盈利之间会存在差距。

交易者通常对交易有着很高的期待，他们希望从交易中获得持续盈利以期“以交易为生”。但是，除非你的交易方法效率非常高、而且你非常有原则，否则大多数人都会经历“盈利差距”。

Traders always strive to learn the market, change methods, and spend more time in front of the computer. However,Mark DouglasAlways emphasizing that what they truly need to change is themselves, understand themselves, and how to interact with the market. They need necessary psychological skills to bridge the profit gap.

2、 Profit and becoming a profitable trader are two things

No matter who, or even a child, as long as they are lucky enough to open the trading platform and click a few buttons, they will have the opportunity to make a profit. Making profits is so simple, which is the beginning of many trading businesses. However, soon they will find that the speed of capital loss is faster than profit.

而一个盈利的交易者才会懂得：每一场交易的结果都是不可预知的，只有交易结束，盈利还是亏损才成为事实。

In trading, one should not be influenced by the trader's own expectations and emotions. Only when your vision is on the big picture, will you not be too focused on any transaction, so you can pull your emotions away.

3、 Psychological skills are the key to trading

Psychological skills include valuing processes and methods, not worrying about transaction outcomes, controlling emotions, and so on.

Mark DouglasI firmly believe that even with good technical analysis and execution, it is difficult to achieve long-term profitability if your psychological skills are not up to par. You cannot suppress your emotions, cannot objectively view the market, and once the market changes, it is also difficult to convince yourself to appear in a timely manner.

4、 The price analysis model is not used to predict the market

Any technical analysis method, such as price trends, will not tell you what the market will be like in the future. The author believes that these analysis methods only help increase the probability of profitability for a series of transactions.

Every transaction result is random, which is the nature of the transaction. You can never know the result in advance through any means. Price analysis only tells you what the past and present markets were like.

5、 Accepting the randomness of trading results makes trading more sustainable

This may sound a bit contradictory, but let's take a different example. For example, in a casino, the profit advantage of the casino is definitely greater compared to each gambler, but it cannot be denied that there are always some lucky or skilled gamblers who take a large amount of money from the casino. But will this have an impact on the long-term profitability of the casino? Not really. The technical advantages used by the casino will definitely make it a bigger winner.

The same goes for transactions. The randomness of trading does not affect your long-term profitability, and the technical methods and models you master will always be your advantage.

6、 Consider the probability of profitability, rather than the expectation of profitability

This point should beMark DouglasThe most important thing for traders is to consider the probability of profitability.

交易结果是随机的，也因此思考盈利的概率，不对每一场交易抱以期待，交易者才能保持客观的心态去分析。比如，在抛掷硬币的游戏中，你通过计算知道出现“头”的一面的概率是70%However, this is only a probability that may occur, and it will be difficult to achieve the results as you expected.

7、 Be wary of changes in market sentiment

Often, traders forget one thing: all prices in the market are jointly driven by participants.

Price fluctuations actually reflect the expectations or predictions of all market participants, who in turn analyze market prices.

The constant entry or exit of people creates market fluctuations and leads to unexpected trading outcomes. If you trade too long, there will also be others short, which makes the trading results more random. These are beyond your control. Your trading strategy is just increasing the probability of profitability in a series of transactions, it cannot guarantee the outcome of each transaction.

8、 Changing one's perception of the market: learning to be a professional trader

专业交易者都知道，市场上的人力因素是不可控，一场交易很可能呈现消极的结果。他们更多思考的是风险：“如果市场对我不利，那么我愿意承受多大的风险？”

In profitable trading, traders will constantly pay attention to signs of market correction and appear in a timely manner before the market changes, even if the profit is lower than expected.

9、 Simulated trading teaches you how to think

Is it always profitable in simulated trading, but losing money from the beginning of real trading? This not only happens to one person, but is the norm for most traders.

This is because simulated accounts do not involve their own funds, and traders usually do not have many emotional fluctuations. They naturally focus their attention on market trends. And this is exactly what trading is most important about. If you cannot understand your significant losses, then use a simulated account again and pay attention to your psychological state. Because this is what real exchanges need.

10、 Choose transactions with high profitability probability

Mark Douglas说：“交易者首先要学习的事情，就是如何增加自己的盈利概率。”换句话说，你需要学会选择概率高的交易机会。但是要记住，交易的高盈利概率是指一系列交易中盈利数量比亏损数量要多。高盈利概率不能保证你最终能实现盈利，实现这一目标，还需要必要的心理技巧

last,MEX GROUPThe advice for everyone is: whether you are a newcomer to the stock market or an experienced stock trader, if you want to consistently profit in the stock market, you should read this book on stock trading psychology. It will help you break free from the cycle of losers and become a market winner. You will find thatMark DouglasThe reason why they are long-term winners is because they have the following beliefs:

l I objectively see my strengths.

l I define the risks for each transaction in advance.

l I fully accept the risk and am willing to give up the transaction.

l I act based on my own strengths without reservation or hesitation.

l When the market allows me to make money, I will reward myself.

l I constantly examine the possibility of making mistakes.

l I understand that these long-term success principles are absolutely necessary and have never been violated.