
2021
Hardcover
201-300 Pages
Trading in the zone in English Master The Market With Confidence, Discipline, And A Winning Attitude
Development & Growth Books
Mark Douglas
9780735201446
1
Business & Economics
Penguin Group (USA)
2021
English
India
Name : Trading in the zone in English
Author : Mark Douglas
Book Format : Hardcover
Edition : 2021
Genre : Business & Economics
ISBN : 9780735201446
Language : English
Pages : 201-300 Pages
Publish Year : 2021
Publisher : Penguin Group (USA)
Sub Genre : Development & Growth Books
Trading in the Zone" by Mark Douglas is a timeless classic in the realm of trading psychology. Douglas, drawing upon decades of experience as a trader , delves deep into the psychological aspects of trading, emphasizing that success in the markets is not just about strategy and analysis but also about mastering one's own mind.
The book serves as a guide to achieving the mental state necessary for consistent profitability in trading. Douglas argues that it's not the market that determines success or failure, but rather the trader's mindset and approach to risk and uncertainty. He explores concepts such as discipline, patience, confidence, and emotional control, stressing the importance of developing a mindset of detached observation and acceptance of the randomness inherent in financial markets.
One of the key insights of "Trading in the Zone" is the idea of trading without fear or hesitation, free from the emotional biases that often lead to costly mistakes. Douglas provides practical strategies and exercises for cultivating a trader's mindset, including visualization techniques, self-assessment tools, and methods for managing beliefs and expectations.
Country of Origin : India
More Information