Trading in the Zone Hardcover – 1 Jul 2000
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About the Author
Mark Douglas is also author of "The Disciplined Trader: Developing Winning Attitudes" published in 1990 and considered an industry classic--and one of the first books to introduce the investment industry to the concept of trading psychology.Mark began coaching traders in 1982, and has continued to develop seminar and training programs on trading psychology for the investment industry, as well as individual traders.He has been a frequent speaker at seminars across the world, as well as in the U.S., teaching traders how to become consistently successful.He is currently working on his third book, and can be reached through his websitemarkdouglas.com."
Top Customer Reviews
This book taps into your belief systems, which in turn determine your actions, in a very coherent manner. It is no exaggeration to say that if your trading methodology has a genuine edge, this book could transform you into the owner of you very own casino if you allow it to.
The knowledge the author offers is also applicable to other areas of life including quitting smoking - its all about positively energising the concept that you're a non smoker and de-energising the concept that you are a smoker. Before you turn off condemning that comment as psycho-babble, you should remember, as the author explains, to keep your mind open to receiving information from an objective perspective rather than filtering information according to what you already believe to be true ; ).
To attain the best possible impact on your trading mindset read with an open mind, make notes, re-read, and re-read again as the knowledge the book contains has to sink deep into your personality and character to have the most beneficial effect on your actions in the real life trading arena.
An exceptionally fine book on the most important aspect of trading in which the author selflessly shares his soul in addition to his knowledge. Top marks to Mark Douglas!
A little bit repetitive and distractive at times, hence only 4 stars, but I read it in a weekend so it is not to hard going.
Recommended if you are starting to trade or wonder why you are not progressing as you expect.
Most Recent Customer Reviews
I highly recommend this for anybody who wants to understand more about the psychology and discipline needed in trading. Read morePublished 2 months ago by Amazon Customer
I tried really hard to like this book but after spending several hours listening to it I don't feel I have learned anything at all. Read morePublished 2 months ago by Rik Muschamp
If you have a system but find yourself spinning your wheels with trade management, then I would say this book is a bible.Published 3 months ago
Absolutely classic. A must have book for beginners and long time traders alike.Published 3 months ago by Spyros