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  • Trading in the Zone

  • Master the Market with Confidence, Discipline, and a Winning Attitude
  • By: Mark Douglas
  • Narrated by: Kaleo Griffith
  • Length: 7 hrs and 57 mins
  • 4.8 out of 5 stars (445 ratings)

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Trading in the Zone

By: Mark Douglas
Narrated by: Kaleo Griffith
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Publisher's Summary

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.

©2018 Paula T. Webb (P)2018 Penguin Audio

What listeners say about Trading in the Zone

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Great guide for trading

I listen to this early in my trading journey and it helped me a lot to have a traders mindset. Great lessons and interesting from start to finish. I went back and started again as soon as I had finished it the first time.

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More than just another trading book..!

Loved it, keen to listen again. Many points to revisit and gain more clarity around.

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The best trading book by far

This is a must read for all traders experienced or beginner. This is not a technical book but rather a book on how to develop an unshakable mindset to improve your strategy and therefor improve your consistency.

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A MUST read for anyone passionate about trading!

A key aspect of this book is to view trading as a game of probabilities and to understand that any set of trading rules must be given enough of a sample size to clearly know if your system gives you an "edge".
Too often we try to justify why one trade turned into a loss with the belief that if your system is incredible you should never be wrong.
If you knew that your system is right 70% of the time, this means 14 out of 20 trades will be correct. What you need to realize is that you don't know when those 6 losses will occur. You may lose the next 3. Disregard your emotions. Follow your trading system and let the odds of probability work in your favor.

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3 people found this helpful

  • Overall
    5 out of 5 stars

very good , make sense and i believe its of use

recommend to get, will help you understand trading. and the psychology towards it , of having trust in yourself your trading system and changing your view of the market .

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Spectacular and Relevant

It really helped me understand my mindset in trading and why I make those mistakes. certainly puts things in perspective. glad I listened to this book. it seems to be written a long time ago but the key ideas are still relevant.

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high quality book

This is a bible!!! very practical & I want to listen again . Thank a lot Mark!!

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A must read for trading success

This book explains how to play the mind game in trading where success really starts.

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Effective

Oldie but a goodie and still very relevant. Should be mandatory reading for new tradies to calibrate their thinking. Highly recommended.

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Great book. leaves lots to think about

was a great book. It has changed the way im thinking about my trading. Will definatly be reading again.

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