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

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.

I thought I would take a moment to review one of my all time favorite t investment books, " Trading In The Zone", by Mark Douglas. This is actually the book that helped me start making money consistently in the markets. Before reading this book I was very inconsistent in making profitable trades. If you are like me, you may have some trading behaviors that you are not too proud of and have not served you well such as; getting in too early, getting out too late, being indecisive on if you should get in or stay out.

Do you know what it feels like watching a profitable trade go down the drain because you did not exit when you should have?

I have traded stocks, futures, forex, and options. The forex and futures markets can move so fast they can make your stomach turn. These markets are not for the faint of heart as they can beat a trader to near death and to the point where you will become afraid of your own shadow! I got my battle scars to prove it.

This book definitely helped me get my trading act together to where I finally started making consistent profitable trades! It does not matter if you prefer fundamental or technical analysis, as this book focuses more on you the trader. It gives a great overview on why many traders consistently lose money while good traders consistently make profitable trades. More importantly, Trading In The Zone gives you the knowledge to replace fear with confidence in your trades and ability to make great trading decisions that will move you from the loosing group to the successful group of traders.

I never make a trade without being in the zone! This book is worth every penny and makes for one of the best investments I have ever made. In fact, I have more than made my money back plus many thousands over from trading in the zone. Another easy and fun read that definitely took my trading game to the next level.

The author effectively articulates his approach to trading. He describes how to develop a mindset with which to trade in the market in a structured and unemotional way. You might experience the book as cognitive behavioral therapy.

If you ever want to make money in trading, than you must read this book first. I started trading thinking it was easy. After losing all my money I couldn't figure out what happened. Than I read "Trading in the Zone" and realized my emotions got the best of me. So now I am more in control and already started to make my money back. Every new trader should read this book before opening any live accounts. You have two options: 1) Trade-Make Money 2) Trade-Lose Money. Option 1 is what this book teaches you. Get your copy now. You will not regret it.

Very hard to understand , alot of jumbo mumbo but get very little information. Wasting alot of time

Pretty good book, with some good points. But honestly, it could have been written in an essay rather than a book.