Trading in the Zone: Maximizing Performance with Focus and Discipline (Wiley Trading) [Kindle Edition]

Ari Kiev (Author)

Editorial Reviews

Product Description

Overcome the obstacles that can prevent you from winning at the trading game

A trader's emotional state is vital to being a successful investor. There are many psychological factors that can affect the decisions one makes in the course of a trading day. This book focuses on overcoming issues such as anxiety, fear, and over-ambition so that traders can become more focused and be more successful-in other words, enter the zone-and stay in it as long as possible.

From the Inside Flap

"Most traders believe that 'getting into the zone'happens when you have 'a hot streak.' I believe you can create the zone. The zone is a psychological state. It is when you are focused, disciplined, and fully engaged in the process at hand . . . trading in the zone will certainly increase your capacity to perform and succeed."-Ari Kiev

In his internationally acclaimed Trading to Win, psychiatrist and top trading coach Ari Kiev showed traders how to master common psychological obstacles to success and how to develop winning personal trading strategies. Now, in this groundbreaking new book, he takes us to the next bold level with a complete, easy-to-follow program for Trading in the Zone.

Drawing on his years of experience helping top Wall Street traders achieve and sustain peak performance levels, Dr. Kiev describes proven techniques for tapping the energy, focus, and enthusiasm needed to enter the zone and stay there, every trading day, regardless of short-term results or market conditions.

With the help of many fascinating case studies, Dr. Kiev describes psychological and emotional factors that routinely undermine the decisionmaking process of even the most savvy trader during the course of the trading day. Writing for traders in virtually every market, he explores the varying psychological and emotional issues confronting different classes of traders based on their risk profiles and preferred instruments. Trading in the Zone helps you gauge the extent to which your effectiveness is being hamstrung by common problems such as anxiety, fear of failure, negative self-image, and greed. He provides step-by-step guidance on how to overcome those internal obstacles and enter the zone, where you will produce outstanding results, day after day, year after year.

Don't let cognitive traps and negative emotions impair your effectiveness as a trader. Read Trading in the Zone and learn how to achieve the heightened levels of objectivity, focus, and confidence you need to trade in the zone and win, win, win.

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Product Details

• Format: Kindle Edition
• File Size: 1755 KB
• Print Length: 242 pages
• Page Numbers Source ISBN: 0471379085
• Publisher: John Wiley & Sons, Inc.; 1 edition (January 31, 2001)
• Sold by: Amazon Digital Services
• Language: English
• ASIN: B000PY4URK
• Text-to-Speech: Enabled
• Lending: Enabled
• Average Customer Review: 4.3 out of 5 stars  See all reviews (15 customer reviews)
• Amazon Best Sellers Rank: #368,776 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
  • #44 in Kindle Store > Kindle eBooks > Nonfiction > Business & Investing > Industries & Professions > E-commerce > Online Trading

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Customer Reviews

Most Helpful Customer Reviews

36 of 39 people found the following review helpful:

1.0 out of 5 stars Much overrated!, September 24, 2002

By 

ServantofGod - See all my reviews

This review is from: Trading in the Zone : Maximizing Performance with Focus and Discipline (Hardcover)

I had read Douglas's Trading in the Zone before. I had a very high expectation on this one. However, I was very disappointed.

The author emphasized throughout the book the importance of entering the zone, a state of mind that you can neglect fear, greed, P/L, and just trade according to your feeling of the market, though he supplemented that with the need of analysis, hardwork, focus blah blah blah, and that different people have different means to enter the zone, illustrated with examples anonymous. Those might be true stories. However, the author just did not tell the readers how they could do it themselves without the assistance of a coach like the author's good self.

A reviewer of this book wrote that this should be read together with Douglas's Trading in the Zone and Mc Call's The Way of the Warrior Trader. One should read those two excellent books only, but definitely not this.

23 of 24 people found the following review helpful:

3.0 out of 5 stars Not his best..., December 30, 2001

By 

"marefidelis" - See all my reviews

This review is from: Trading in the Zone : Maximizing Performance with Focus and Discipline (Hardcover)

I personally admire Dr. Kiev's work and contribution to daily psychology. However I would suggest any trader - or any other person, for that matter - to read and apply the ideas in his " Daily Living Strategy". His goal-based approach is what I live on, and I certainly understand the positive comments made by his clients, but I think the reviews are concerning the book + the counselling they took personally from Dr. Kiev. By itself, the book is not complete. It is helpful, and it certainly adresses several important issues, but it doesn't go deep. Also, it is a product of Dr. Kiev's work with the professional traders working in huge trading firms or departments, and as such, addresses the problems and solutions that can be found in such settings. Even the trading methodology Dr. Kiev seems to advocate sounds very institutional: he is talking about how to get real info from analysts that call you up. Well, being a full time trader who strikes on his own, that didn't help me. Again I recommend buyiing his now-classic book, the Daily Living Strategy, and apply it to whatever it is you want to achieve in your life.

9 of 10 people found the following review helpful:

5.0 out of 5 stars Inspirational and Insightful, March 7, 2001

By A Customer

This review is from: Trading in the Zone : Maximizing Performance with Focus and Discipline (Hardcover)

One of the most essential, yet least discussed, topics when it comes to trading is market psychology. While fundamentals and technicals are both critical in developing an understanding of a company and its inherent value, trading psychology is the processor of this information and the true measure of success and profitability. People who wish to excel in trading must have a firm grasp on their emotions to prevent them from falling victim to the same mistakes that dominate most traders. In his latest book, Dr. Kiev presents a much richer discussion of what it means to be trading "in the zone", including how to get there and how to stay there. He also expands upon some of the topics presented in his previous book, providing more detailed information as to the psychological forces at work behind the mask of fundamental and/or technical information. For an emotional trader like myself, it's reassuring to know that I am not in the investing minority and that, with work, I can overcome these self-inflicted barriers to success to achieve my personal and professional goals.