Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the probabilities of market movement that governs all market speculation.
About the author
he field of Trading Psychology was initially thought of, and co-created by Mark Douglas and Paula T. Webb collaboratively and introduced to the trading community by them in the mid-1980s. Mark Douglas and Paula T. Webb's first book "The Disciplined Trader™" published in 1990 is an industry classic, and along with "Trading in the Zone™" published in 2000, their books are the FIRST books to introduce the investment industry to the concept of trading psychology years before anyone heard of that concept, much less providing coaching in this now popular way of approaching trading. They are Wall Street moguls and considered the "Gurus" of trading psychology.
One of their popular books "The Complete Trader" is available published in 2015. Another of their current books, the "Little Book of Trading Performance" is now available as well. "Becoming the Disciplined Trader" which is the expanded version of "The Disciplined Trader," is another of their best-selling books is available in Kindle and in Nook on Barnes & Noble.
To date, Mark and Paula's first two books have been translated into nine languages including the Chinese (Simplified & Complex), French, Italian, Japanese, Korean, Polish, Portuguese, Czech, and Spanish languages, with additional foreign language translations to come in the future. "The Complete Trader" has now been translated into the Japanese language as of 2017. "Becoming the Disciplined Trader" has been released in the Czech language.
Mark began coaching traders in 1982; Paula took over his coaching business in 1999 when he returned to trading full time. They continued to develop seminar and training programs on trading psychology for the investment industry, as well as for individual traders for decades. Mark was a frequent speaker at seminars across the world, and along with Paula they traveled to 8 countries, as well as across the U.S., teaching traders how to become consistently successful. May of 2010 was the start of Mark and Paula hosting joint workshops (instead of individually) on the mental aspects of trading psychology, as well as the expanded field of the "Discipline of Trading Psychology" created by Paula. These workshops continue forward ensuring social distancing safety; check the website for upcoming dates. paulatwebb.com
Mark and Paula have received several awards for their books and work, including the prestigous "Bull/Bear Award" in 2006, 2008 and 2011, and again in 2015 and 2017. Paula is also a best-selling author of 15+ books and producer of independent films. She continues her trading, coaching, and workshops forward. Mark and Paula completed a number of new products for the trading community which will be available for purchase moving forward. Paula is currently working on the biography and screenplay about the life of Mark, details will follow.
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