Trading in the
Zone
by Mark
Douglas
     
 
Trading in the Zone by
Mark Douglas
Book
Description
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.
About the Author
Mark Douglas is the author
of NYIF's The Disciplined Trader. He is president of Trading
Behavior Dynamics, which develops seminars on trading
psychology for brokerage houses, clearing firms, and banks,
among a wide range of professional organizations. He lives in
Scottsdale, Arizona.
Thom Hartle wrote the
foreward for Trading in the Zone. He is vice president of
Wizard on Wall Street, Inc., publishers of professional level
study courses for traders, and editor of eCharts.com, an
educational website for traders and investors interested in
technical analysis. For nine years, he was the editor of
Technical Analysis of Stocks and Commodities.
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