Most traders believe they have a strategy problem. In reality, it’s a mindset problem. In Mind Over Market, Mark Douglas distills decades of trading wisdom into a powerful truth: consistent profits require consistent thinking.
Traders often fall into the “profit gap”, the space between what their method could earn and what they actually earn. Why? Because while finding a winning trade is easy, executing with discipline, confidence, and detachment is not.
Douglas emphasizes that trading outcomes are random in the short term, even with an edge. Like a casino, you win over many trades, not just one. That means focusing on probabilities, not predictions.
Professional traders don't think in terms of being "right" or "wrong." They think in terms of risk and execution. Accept the randomness. Predefine your risk. Detach from the outcome.
Only then can you develop the carefree, confident mindset that turns potential into profit.
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