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Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude
 
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Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude (Hardcover)

by Mark Douglas (Author)
4.5 out of 5 stars  (154 customer reviews)

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Editorial Reviews
From Publishers Weekly
Douglas, president of the seminar firm Trading Behavior Dynamics, focuses on the psychology of successful traders. Instead of offering specific strategies, he advises readers, "The first step on the road...is to understand and completely accept the psychological realities of trading." It may be too abstract for some, but given trading's risks, this book could assist experienced investors willing to engage in self-reflection. (Jan.)
Copyright 2000 Reed Business Information, Inc.

Book Description
Maximizing the trader’s state of mind is the key to successful results. Conflicts, contradictions and paradoxes in thinking can spell disaster for even a highly motivated, astute and well grounded trader. Mark Douglas, a trader, personal trading coach, and industry consultant since 1982, sends the message that "thinking strategy" will profoundly influence a trader’s success rate. Douglas addresses five very specific issues to give traders the insight and understanding about themselves that will make them consistent winners in the market.

Trading In The Zone offers specific solutions to the “people factor” of commodity price movement. It uncovers the true culprit for lack of consistency when it comes to stock picking: lack of focus and self-confidence. Through simple exercises, traders will learn how to think in terms of probabilities, and adopt the specific beliefs necessary to developing a winner’s mindset. Along the way, they’ll gain valuable insights into their own entrenched misconceptions about the market.

Backed by compelling examples, Trading In The Zone adds a new dimension to getting an edge on the market. Through a better understanding of themselves, as well as of Wall Street’s realities, traders will come to leverage the power of their psyche for unprecedented profitability.

See all Editorial Reviews


Product Details
  • Hardcover: 240 pages
  • Publisher: Prentice Hall Press (January 2, 2001)
  • Language: English
  • ISBN-10: 0735201447
  • ISBN-13: 978-0735201446
  • Product Dimensions: 9.1 x 6.3 x 1.1 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  (154 customer reviews)
  • Amazon.com Sales Rank: #1,092 in Books (See Bestsellers in Books)

    Popular in these categories: (What's this?)

    #7 in  Books > Business & Investing > Investing > Stocks
    #8 in  Books > Business & Investing > Investing > Introduction
    #28 in  Books > Business & Investing > Personal Finance

    (Publishers and authors: Improve Your Sales)