Trading in the Zone - Mark Douglas

Trading in the Zone

By Mark Douglas

  • Release Date: 2001-01-01
  • Genre: Personal Finance
Score: 4.5
4.5
From 433 Ratings

Description

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.

Reviews

  • The Foundation.

    5
    By RentAl Bundy
    An essential read to be successful in the stock market. Make this a requirement for yourself before you ever trade a dollar of your own.
  • Great Read!

    5
    By HollyWood Liver
    "Trading in the Zone" offers invaluable insights that can help traders achieve a more balanced and effective trading practice. This book is a must-read for anyone looking to improve their trading performance through better psychological resilience and mental clarity.
  • Great

    5
    By Gala9ja
    Great
  • Solid

    4
    By Bdhetqkfvrjthrv
    The book is mainly focused on trading psychology. Don’t pick this up if you are looking for strategies or TA guides. Over all enjoyed this book. It’s a relatively quick read. The author primarily used analogies and stories to get his point across. At times it’s rather repetitive but the author has some solid points that he wants to hammer into our brain. I would recommend this book for any trader at any experience level. I’ve learned quite a bit about the human mind through this book (even outside of the markets). I now have a better understanding of the complex emotions that I’ve experienced while reading and how many (if not most) of these beliefs/responses are self deprecating. The author focuses primarily on developing consistency and explains how holding that as a goal can perpetuate a trader into all in which they desire. I will be applying several of these concepts to my own trading and recommend this book to fellow traders.
  • Really? What an absolute joke!

    1
    By PatG88
    Here, I’ll go ahead and tell you how this book reads…. Trading mindset, is all about the trading mindset, it’s because you need to be in the trading mindset. If not in the trading mindset then there is no trading mindset which is imperative to the aforementioned trading mindset. You are the trading mindset, we are the trading mindset, we should all be the trading mindset. Insert conclusion. What an embarrassing book to be the author of.
  • Game changer

    5
    By Jacks stack
    It completely revamps your mental thoughts, emotions, beliefs of trading. I have become such a better trader since reading.
  • Trading in the Zone

    5
    By Von master jam
    Highly recommended for seriously traders who want to consistently trade well.
  • Very good

    5
    By mena111111
    Good
  • A time waster

    1
    By switchking2
    All about feelings and no strategy on trading.
  • Trading Foundation

    5
    By TP Phil
    The principles in this book will give you a solid foundation in your psychology and systems in day trading that is necessary to becoming consistent. I would highly recommend reading.