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 313 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

  • 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.
  • Top 3 Trading Books of All Time

    5
    By Dexon4
    Mark Douglas provides THE professional coaching program most traders would spend $1000’s to receive and never follow the instructions. If you are looking for a trade, don’t buy a single stock, option, bond, or crypto currency... BUY THIS BOOK!!
  • PROVIDES SPECIFIC REMEDIES

    4
    By 24547484
    CONSISTENCY. CONSISTENCY. CONSISTENCY. If you have the trading problems addressed in this book, then the book will be useful. I took off one star because the writer uses that turgid, preposition-ridden language common to his field. Reviewers who complain about repetitiveness have a point, but if you are motivated to improve your trading and have wondered why you are not making progress quickly enough, undermine your gains with disastrous losses, and cannot be CONSISTENT, then the language and repetitiveness are a small price to pay. The last two chapters helped me the most, but the concepts would have gone over my head had I not read the preceding chapters. The Attitude Survey and detailed Exercise at the end of the book were helpful.
  • Great even for beginners!

    5
    By Jaymes17
    As a professional poker player looking to transition into trading, Douglas does a great job of covering the most important facet of both industries, that being the mental side, in which most of your money is won or lost. I have never even made a trade before but I believe reading this book before hand is definitely setting me on the correct path early on to look objectively at my process as I go along and improve. Will definitely be a keeper on my bookshelf.
  • Mind games

    4
    By Future Day Trader
    Great read in order to prepare one's self mentally for trading.
  • Trading in the zone

    5
    By whydoIhavetonickname
    I am new to trading I have only studied to understand the market so far. I feel very fortunate to have had the priviledge of buying and reading this book. The awareness given in this book has helped me to think like a casino owner rather than a casino player, I'm using this illustration symbolically. Thank you Mr Douglas, Joe Cardenas