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Trading in the Zone by Mark Douglas
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    • Product code: 12984
    • ISBN: 0735201447, ISBN13: 9780735201446, 216 pages, hardback
      Published by NYIF in 2001 , 1st edition
         Average rating 5 out of 5
      
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    Description of Trading in the Zone

    In Trading in the Zone, Douglas uncovers the underlying reasons for lack of consistently profitable trades and helps traders overcome the deep-rooted mental habits that cost money. Douglas 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 guided by and be comfortable with the 'uncertainty principle' that governs all stock speculation.

    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.

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    Reviews

    'This book is a winner. It addresses the psychological attitude that is an absolute must to becoming a competent and consistent trader. From the basic explanation of why we do what we do to defining the problems and finally showing what action you need to take in order to set you on the path to confident trading at a mental level, I recommend it without reservation.' - Robert Krausz, President Fibonacci Trader Corp.

    Contents of Trading in the Zone

    1. The Road to Success : Fundamental, Technical, or Mental Analysis?

    2. The Lure (and Dangers) of Trading

    3. Taking Responsibility

    4. Consistency : A State of Mind

    5. The Dynamics of Perception

    6. The Market's Perspective

    7. The Trader's Edge : Thinking in Probabilities

    8. Working with your Beliefs

    9. The Nature of Beliefs

    10. The Impact of Beliefs on Trading

    11. Thinking Like a Trader


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