Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude

Front Cover
Penguin, Jan 1, 2001 - 240 pages
52 Reviews
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.
 

What people are saying - Write a review

User ratings

5 stars
27
4 stars
18
3 stars
3
2 stars
3
1 star
1

Review: Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude

User Review  - Simon - Goodreads

What an excellent book! Mark Douglas has a marvellous understanding of the workings of the mind and I thoroughly enjoyed this book. I wasn't sure I would get more from it than I did his other book The ... Read full review

Review: Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude

User Review  - Arek Piwowarczyk - Goodreads

Personally this is the bests book I've read on psychology of trading - a must read for any trader! Read full review

All 33 reviews »

Contents

FUNDAMENTAL ANALYSIS
THE SHIFT TO TECHNICAL ANALYSIS
THE SHIFT TO MENTAL ANALYSIS
THE ATTRACTION
THE DANGERS
THE SAFEGUARDS
SHAPING YOUR MENTAL ENVIRONMENT
REACTING TO LOSS
DEFINING THE TERMS
HOW THE FUNDAMENTAL TRUTHS RELATE TO THE SKILLS
MOVING TOWARD THE ZONE
THE ORIGINS OF A BELIEF
BELIEFS AND THEIR IMPACT ON OUR LIVES
BELIEFS VS THE TRUTH
THE PRIMARY CHARACTERISTICS OF A BELIEF
SELFVALUATION AND TRADING

WINNERS LOSERS BOOMERS AND BUSTERS
THINKING ABOUT TRADING
REALLYUNDERSTANDING RISK
ALIGNING YOUR MENTAL ENVIRONMENT
DEBUGGING YOUR MENTAL SOFTWARE
PERCEPTION AND LEARNING
PERCEPTION AND RISK
THE POWER OF ASSOCIATION
THE UNCERTAINTY PRINCIPLE
THE MARKETS MOST FUNDAMENTAL CHARACTERISTIC
RANDOM OUTCOME CONSISTENT RESULTS
TRADING IN THE MOMENT
MANAGING EXPECTATIONS
ELIMINATING THE EMOTIONAL RISK
DEFINING THE PROBLEM
THE MECHANICAL STAGE
THE ROLE OF SELFDISCIPLINE
CREATING A BELIEF IN CONSISTENCY
EXERCISE
A FINAL NOTE
A
C
D
F
N
R
T
U
Copyright

Common terms and phrases

Bibliographic information