As many of you know, Mark took great pains to provide the highest quality materials to the trading community. He also had the utmost integrity. It has been brought to our attention recently, that many providers out there, now - including brokers, trading firms, systems providers, chat room hosts, other authors, etc. - are claiming to have been "friends" or "worked with" Mark. This may or may not be true. Please do yourself a favor and contact our office before purchasing any product, any service - if anyone claims to have been friends with Mark!
We are the only source to confirm if that was the case or not. Our goal is to provide you with the same level of professionalism, quality materials, and integrity as Mark did, so if someone you are considering doing business with makes claims about Mark, please contact us first before making a financial commitment to anyone making such claims.
How do you move through the maze of systems, programs, platforms, and the constant stream of information about the markets, and determine what is right for your trading?
What does it mean to be a trader?
More importantly, what does it mean to "think" like a trader - and "believe" you are a trader?
These are questions that every person entering the trading world has to answer with their own, unique, and personal definitions - after defining them for themselves. However, the challenge here is knowing that "your" answers are not necessarily any other trader's answers, and so you cannot listen to another trader tell you what those definitions "should" be - for you.
Meaning, although there are common trading challenges that every trader experiences at some point in their career - their mental attitude toward those very challenges is unique to them. Time and time again, our coaching clients will tell us that "...my buddy said to be consistent you just have to ignore your fear of losing..." or something to the effect of "...discipline is sitting at your trading desk staring at the screen 24/7 so you don't miss any opportunities..."
We think you get the idea. And just those two statements are completely erroneous, and of course we have heard many more over the years!
First and foremost, you cannot "ignore" any limiting or negative beliefs swirling around inside your mental environment. You may, for a period of time, think you have pushed those negative thoughts out of your head, but then that day will come when you lose all of your profit - and you will have to ask yourself why. The "why" is because those negative or limiting thoughts have begun to creep back into your trading psyche - they were never gone - and even if you have only one fear-filled thought about losing - then you have completely lost your focus and can no longer see valid trades.
Before you get stressed out about this - don't worry! This is very common, and as mentioned above, just one of the trading challenges that every trader experiences in their career in the markets.
That is where our offices come in. Obviously, if you are on this website, you are familiar with, or have been told to become familiar with, the work of Mark Douglas. Mark is considered a leader in the field of trading psychology, and set the pace for all those who came after him to measure up to. With that said, as his business partner and wife for decades, as a trader myself, and having taken over his coaching clients by providing Behavioral Finance coaching since 2000, our work together was a blend of his intense brilliance, and my down-to-earth approach to helping traders reach their highest results. Mark's work will continue on through my teaching his materials along with my professional coaching for you.
To be fair, my coaching approach in the field of Behavioral Finance is not the same as Mark provided. His methodology was "his" - just as my methodology is "me." Simply different approaches - but with the same intent to provide traders with the skills needed to be consistent, confident, and successful. My approach includes assisting you with goal-setting, receiving positive reinforcement, understanding the importance of alignment of your beliefs with regard to prosperity, and well-being of your mindset to create positive and upwardly-mobile equity curves. And you cannot achieve consistency without a positive, confident - and prosperous - mindset.
Both Mark and I are award-winning authors; we learned from each other over the years working together, and expanded our perception of the markets greatly during our time together. Mark's materials will continue to give my coaching work with traders an expanded perspective, and his work will continue on through my coaching, and workshops teaching not only his latest books, but also his many as yet, unpublished materials.
With that said, feel free to contact me with any questions regarding my coaching services or any of Mark's products; and in the meantime, pick up a copy of Mark's latest book which has been published, in four separate sections for your convenience, on Amazon.com "The Definitive Guide to Mastering the Psychology of Trading," the first of several new items to be produced by our office.
All the best in your trading, and I look forward to hearing from you!
™ 1989-2010, "Trading in the Zone," "The Disciplined Trader," "How to Think Like a Professional Trader," and "Path To Consistency" are all registered Trademarks to Paula T. Webb. All rights reserved Paula T. Webb.
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