
a book
Trading in the Zone
Mark Douglas · 2000 · 240 pages
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.
recommended by 2 people
sourced from public statements
books like Trading in the Zone
other books recommended by the same people who recommend this one

Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones
James Clear
2 shared recommenders

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Robert T. Kiyosaki
2 shared recommenders

The Millionaire Next Door
Thomas J. Stanley
2 shared recommenders

The Richest Man in Babylon: Deluxe Hardbound Edition
George S. Clason
2 shared recommenders
