Re: REALITY CHECK

["John Lynch" <john.lynch@xxxxxxxxx>]

Sean,

I didn't read the first one but this one is a quite difficult to read ...
less painful than the dentist but slower :-)  I understand from comments I
saw on Amazon that Disciplined Trader may not have clearly provided a
solution.  In that case Trading in the Zone is an advance as it provides a
process that will work if you make the effort.  It is worth the effort.

I think that you're right about when in your trading career you read a
book... sometimes I wish I'd got onto something earlier but then I realise I
wasn't ready (only 100 hours into my 2000).  In this I agree with Lawrence
that you have to get burned to see and feel what you need ... then you can
struggle through Marks writing but recognise yourself at various times.
Only then can you set about fixing yourself.




I'd like to thank Lawrence for his comments and also agree with lazar223
that they were a bit negative.  I think that both systems books will give
you the basis for profitable trading if you get your psychology right.  The
challenge then is to do better than the basics so I'd be curious about
Lawrence's recommendations for material that takes you in that direction :-)


Regards, John


----- Original Message -----
From: "Sean O'Toole" <sean@xxxxxxxxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Saturday, January 27, 2001 3:10 PM
Subject: RE: REALITY CHECK


John,

I read Mark Douglas' *Disciplined Trader* when it first came out which was
way too early in my trading career to benefit me (I needed to lose and be
humbled first;)).  Is *Trading in the Zone* any more readable than his first
effort?  I should probably go back and re-read DT but the thought of
enduring it makes trips to the dentist seem appealing.