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Lance

Cairns, Australia | Member Since 2008

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

    • UNABRIDGED (8 hrs and 7 mins)
    • By Mark Douglas
    • Narrated By Walter Dixon
    Overall
    (256)
    Performance
    (204)
    Story
    (206)

    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, an industry consultant since 1982, sends the message that a "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.

    A User says: "Great a second time"
    "Great a second time"
    Overall

    I read this book (hard copy) years ago and was surprised how much extra I got out of this audible version. Is it a different version or am I in a different mindset or am I now in the zone? It is worth the credit. If you are into this topic I recommend "The Little Book of Behavioral Investing (Unabridged)" by James Montier

    8 of 8 people found this review helpful

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