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Trading in the Zone Audiobook

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

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Publisher's Summary

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.

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.

©2000 Mark Douglas (P)2011 Gildan Media Corp

What the Critics Say

"[G]iven trading's risks, this book could assist experienced investors willing to engage in self-reflection." (Publisher's Weekly)

What Members Say

Average Customer Rating

4.5 (965 )
5 star
 (673)
4 star
 (168)
3 star
 (68)
2 star
 (37)
1 star
 (19)
Overall
4.4 (816 )
5 star
 (540)
4 star
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3 star
 (70)
2 star
 (28)
1 star
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Story
4.5 (815 )
5 star
 (552)
4 star
 (171)
3 star
 (58)
2 star
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1 star
 (14)
Performance
Sort by:
  •  
    Luis Sagastume 01-05-17 Member Since 2016
    ratings
    REVIEWS
    2
    2
    Overall
    Performance
    Story
    "very uninteresting"

    the reader has no personality and the book is bland at best. I would not recommend this book to listen while you drive, It'll put you to sleep.

    0 of 0 people found this review helpful
  •  
    Im awesome 12-01-16
    Im awesome 12-01-16
    ratings
    REVIEWS
    1
    1
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    Story
    "Life changing"

    You will never trade the same way again after reading this book! I wish I would've heard about it earlier!

    0 of 0 people found this review helpful
  •  
    Chan Joon Yee Singapore 10-24-16
    Chan Joon Yee Singapore 10-24-16 Member Since 2015

    Dr Chan

    HELPFUL VOTES
    1
    ratings
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    4
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    0
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    "very good concepts, but ..."

    This book has many good concepts which can be summarised into a 10-Min speech. Way too long. Too much repetition and unnecessary elaboration.

    0 of 0 people found this review helpful
  •  
    Tim Dierckxsens Belgium 10-13-16
    Tim Dierckxsens Belgium 10-13-16 Member Since 2015
    ratings
    REVIEWS
    25
    8
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    Story
    "Best psychology book i've read!"

    This is a must read not only for trading but in general. No further comments necessary!

    0 of 0 people found this review helpful
  •  
    Rslee 10-06-16
    Rslee 10-06-16 Member Since 2016
    HELPFUL VOTES
    1
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    8
    3
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    "one book you can't miss"

    I have changed my trading strategy to become a consistent winner! A must book to read if you are a trader.

    0 of 0 people found this review helpful
  •  
    Amazon Customer Texas 10-03-16
    Amazon Customer Texas 10-03-16 Member Since 2015

    TechTrain

    ratings
    REVIEWS
    2
    2
    Overall
    Performance
    Story
    "Not worth the time"

    The author did not offer much content that would be helpful. It was way too general.

    0 of 0 people found this review helpful
  •  
    Zaw.M.O 09-30-16
    Zaw.M.O 09-30-16
    ratings
    REVIEWS
    4
    2
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    Story
    "Learnt a lot from the book"

    Really a very informative and educating audio book. Presentation of the narrator also is very good. I am very satisfied.

    0 of 0 people found this review helpful
  •  
    Torsten 09-19-16
    Torsten 09-19-16 Member Since 2015
    ratings
    REVIEWS
    1
    1
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    "Repetitive!"

    Helpful overall. Yet, too repetitive. I kept thinking to myself, "Alright, I get the point".

    0 of 0 people found this review helpful
  •  
    taheera 09-15-16
    taheera 09-15-16
    ratings
    REVIEWS
    1
    1
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    "a must read"

    my favorite book! not only necessary for trading but for life. amazing job by the author and narrator.

    0 of 0 people found this review helpful
  •  
    Nopadol Rompho Bangkok 09-14-16
    Nopadol Rompho Bangkok 09-14-16

    Associate Professor at Thammasat Business School, Bangkok, Thailand

    ratings
    REVIEWS
    88
    3
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    Story
    "Great book!"

    If you want to be a successful trader, this is a must read book. Strongly recommended.

    0 of 0 people found this review helpful
Sort by:
  • Mark
    Dorset
    9/6/11
    Overall
    "Left me feeling inspried"

    Several of my friends raved about this and I was pleased it was available in audio form so I went in, still I admit feeling sceptical. After all I've been trading 15 years, so I am already great right? Oh how wrong I was. Every example of a mistake I have repeatedly made was laid out clearly here with reasons why human psychology makes us repeat the same mistakes over and over again.

    They say that 5% of poker players make money, the rest tick along or lose and yet millions still play. Same goes for trading, we are all there looking for the big winner. The book explains how trading is little to do with fundamentals and more to do with unhooking our deeply rooted beliefs instilled as we grow up. A child is told dozens of times a day what NOT to do, then they hit 18 become a trader, get a few lucky trades and there is nothing to stop them.

    Mark Douglas doesn't offer you the get rich system you should use, it is assumed that anyone reading the book trades already using some technical analysis such as fibonacci retracements, MACD, RSI etc. But he does make you instantly realise that the market is not an enemy which always goes against you, it is there to be treated as a game of probability which you can play using your edge to in the long term to be a consitent winner, dare I say even a trader, rather then the gambler this book made me realise perhaps I am currently better categorised as.

    The psychology insights were very interesting throughout. It could easily be viewed as a dull book, yet it kept me gripped throughout. A real revelation. I am really looking forward to trading with less stress, no emotion and paranoia free and buying that first yacht (ok dinghy)

    13 of 14 people found this review helpful
  • Russ B
    Stoke-on-Trent, United Kingdom
    12/28/11
    Overall
    "A Great Listen"

    Works really well as an audiobook and obviously written by someone with extensive experience of trading. The book concentrates on the psychological aspects of trading and demonstrates that our greatest opponent is not the market but our own brain. The information contained in this audiobook, if followed, has the potential to save the novice trader many times its purchase price.

    5 of 5 people found this review helpful
  • Brian
    Ottawa, ON, Canada
    12/23/12
    Overall
    "Brilliant!"

    Even if you are not a TRADER this is a great book. It explains the mechanics of how a lot of things work in your mind and emotional structure. If you are a trader you will lose a lot less money following this guy's advice.

    4 of 4 people found this review helpful
  • Fozzy
    3/20/16
    Overall
    Performance
    Story
    "Excellent book on the psychology of trading"

    This is one of those books to read again and again. Probably the best book on the market focusing on the psychology of trading. Mark Douglas covers how to train your mind to become a consistent winner in the markets and teaches you a way to make this instinctive and effortless. This book is a must read for all levels of traders. (The book is aimed at traders with knowledge of technical analysis).

    3 of 3 people found this review helpful
  • Leanne
    Manchester, United Kingdom
    4/24/12
    Overall
    "Excellent"

    I had been told about this book and I am really glad I bought it... It has helped immensely in my trading, more so with my mind set... Well worth getting if you are serious about Trading full time.

    3 of 3 people found this review helpful
  • G
    United Kingdom
    12/24/12
    Overall
    "How to do backward somersaults on a tight rope."

    I am a professional trader. This book is excellent, full of great insights and nice analogies. Whether an average person could accept this reality, or more importantly operate with the correct mind set is unlikely. Most lessons need to be learned first-hand. But any budding, failing or mediocre trader should listen to this work. If you find yourself, discounting the information or rationalising an alternative way of thinking; you will have at least identified the reasons, why you are probably doomed to failure.

    5 of 6 people found this review helpful
  • Connor
    1/22/17
    Overall
    Performance
    Story
    "Great Book!
    "

    This is a great book ive told many people about it to listen too. amazing 💯

    0 of 0 people found this review helpful
  • Amazon Customer
    1/8/17
    Overall
    Performance
    Story
    "great book for starting out in trading!"

    also good for other aspects of one's life. changing your beliefs has never been clearer to me!

    0 of 0 people found this review helpful
  • Tim MacCleod
    UK
    11/29/16
    Overall
    Performance
    Story
    "Too much waffle and padding!"

    Too much waffle and padding throughout. Simply stay objective and trade without your emotions interfering - that's the book in a nutshell!

    0 of 0 people found this review helpful
  • Mr Wren
    11/26/16
    Overall
    Story
    "very useful book and a necessary read"

    this is a very useful book that focuses on the pitfalls and necessary focus required by traders. anyone who is interested in becoming a retail trader should read-listen to this book first

    0 of 0 people found this review helpful

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