I could care less if he can't trade 4 quarters for a dollar. His book helped me put it all together many years ago.
Agree that this doesn't matter. For instance a lot of professional sports coaches never played professionally in the sport they're coaching either, but they're great coaches. And a lot of great players can't coach a lick. Look at Vince Lombardi and then look at Magic Johnson for instance.
Yes, Mr. Douglas can trade! He's been a successful trader for years. If you're a trader and you haven't read The Disciplined Trader and Trading in the Zone then you're missing valuable education.
One of the most interesting points he made during this interview is that Richard Dennis and the Turtle Traders only had a 10% winning trades rate. But they had such huge wins when they were right that it worked out well. Hadn't heard this before. Here's a link on Turtle Trading I just found https://www.bsp-capital.com/documents/turtlerules.pdf.
Hi BCE Thanks for sharing it. I just finished watching - Great interview! Now I will work on my head and not my system lol .. Beth
Has anyone seen his DVD of 'How To Think Like A Professional Trader'? I'm interested in it, but want to know what others have have seen it think.