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Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude Hardcover – January 1, 2001
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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.
Douglas explains to the trader just what type of mental mindset is needed to be a winner in the markets ~ and guides the reader along a path of self-discovery leading them to higher and sustained trading results. --- Global Publishing House
Trading in the Zone introduces a whole new mental dimension to getting an edge on the market. Use it to leverage the power of the "zone" for unprecedented profit. --New York Institute of Finance/Penguin Publishers
Please note that the audio version of Trading in The Zone is not read by Douglas. This version is read by a professional reader, most importantly, someone who is not a trader or in the investment industry. This is a distinction that may make a difference in your listening experience.
(This review applies to the AUDIO version only.) Please notethat the audio version of Trading in The Zone is NOT read by Douglas. This version is read by a professional reader, most importantly, someone who is NOT a trader or in the investmentindustry. This is a distinction that maymake a difference in your listening experience.
Top customer reviews
As I scoured the text I had epiphany after epiphany as Douglas described the emotions and trading conditions I had just encountered and why they are the natural reactions of most market participants. His teachings of ownership, consistency, perception, expectations and beliefs form the foundation of my trading psyche to this day.
I would recommend this text to all traders as a tool for rationalizing and combating the confusion and frustration that the market applys to us each day. Its a relatively short read but a highly influential one that should help ground you when your trading emotions start to boil over.
Most recent customer reviews
Provide you mental practice of trading.
How to think in probabilities.
Recommend for anyone who want to survive in the market.