Trading in the Zone
Author: Mark Douglas
Trading book review by Janene Murdoch from the Educator Investor Bookshop
Maximizing the trader’s state of mind is the key to achieving successful results.
Conflicts, contradictions and paradoxes with thinking, can spell disaster for even a highly motivated, astute and well grounded trader.
Mark Douglas is a trader, personal trading coach, and industry consultant since 1982. In this book he sends the message that “thinking strategy” will profoundly influence a trader’s success rate. He addresses five very specific issues to give traders the insight to understanding about themselves and what will make them consistent winners in the market.
Trading In The Zone offers specific solutions to the “people factor” of commodity price movements, it uncovers the true culprit for lack of consistency when it comes to stock picking, lack of focus and self-confidence. Through simple exercises, you will learn how to think in terms of probabilities, and adopt the specific beliefs necessary to developing a winner’s mindset.
Along the way, you will gain valuable insights into your own entrenched misconceptions about the market, backed by compelling examples, this book adds a new dimension to getting an edge on the market. Through a better understanding of yourself, as well as of Wall Street’s realities, you will come to leverage the power of your psyche for unprecedented profitability.
This book is one of the Educated Investors best selling psychology books. If you would like to order this book please visit The Educated Investor Bookshop website.
By Janene Murdoch
Educated Investor Bookshop