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Trading in the Zone Audiobook

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

Regular Price:$23.09
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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 (1089 )
5 star
 (768)
4 star
 (188)
3 star
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2 star
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1 star
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Overall
4.4 (928 )
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Story
4.5 (929 )
5 star
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4 star
 (193)
3 star
 (65)
2 star
 (25)
1 star
 (15)
Performance
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  •  
    Chan Joon Yee Singapore 10-24-16
    Chan Joon Yee Singapore 10-24-16 Member Since 2015

    Dr Chan

    HELPFUL VOTES
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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.

    1 of 1 people found this review helpful
  •  
    Torsten 09-19-16
    Torsten 09-19-16
    HELPFUL VOTES
    1
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    "Repetitive!"

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

    1 of 1 people found this review helpful
  •  
    buyer26062 06-22-16
    buyer26062 06-22-16 Member Since 2017
    HELPFUL VOTES
    3
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    8
    5
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    "Very good book."

    I liked this book and would definitely recommend it. Good info about mindset and viewing each trade as an individual and not associated with past or future trades. I would have given 5 stars, but, at some points it became very repetitive and I found my mind wandering. All in all, good read.

    1 of 1 people found this review helpful
  •  
    Louise 03-27-15
    Louise 03-27-15
    HELPFUL VOTES
    1
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    "Good but slow"

    Excellent book but too long-winded and drawn out. He could have said the same thing in half the words. Too much repetition

    1 of 1 people found this review helpful
  •  
    Amazon Customer 04-22-17 Member Since 2016
    ratings
    REVIEWS
    11
    1
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    "Great narrator.... for falling asleep!"

    This topic it's very interesting to me, but I literally use this book to fall asleep because the narrator has a voice that I'd how for bedtime stories. So... this audiobook is probably effective if used for conditioning while under a somnambulistic trance or while asleep - like sleep learning. But that's not why I bought the audio!

    Books like this need to be read with the passion Gary Vee has for talking about culture and distribution.

    0 of 0 people found this review helpful
  •  
    Amazon Customer 04-18-17 Member Since 2016
    ratings
    REVIEWS
    9
    1
    Overall
    "I felt the book was very useful for me"

    The book has good analogies and forces you to think and cause in shift of mindset from being stuck with loosing trades to following the flow and taking profits when available in the market. Overall I liked the book.

    0 of 0 people found this review helpful
  •  
    Vladimir G. 04-17-17
    Vladimir G. 04-17-17 Member Since 2017
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    "A must for a trader beginning or as a refresher"

    very satisfied with the skills being taught in this book. Author breakes things down and explains what is happening and how to fix problem thinking while trading. A+

    0 of 0 people found this review helpful
  •  
    Mike O'Dea 04-11-17
    Mike O'Dea 04-11-17 Member Since 2017
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    "DO NOT WASTE YOUR MONEY!!!!!"

    ZERO STARS. All this author did was splash the word "trader" everywhere inside of a TERRIBLE psychology book hoping we won't notice what crap it is. Absolute WASTE of my money. You've been warned.

    0 of 0 people found this review helpful
  •  
    Ozzie Perez 04-11-17
    Ozzie Perez 04-11-17 Member Since 2017
    ratings
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    1
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    "Rollercoaster of practical tips and philosophical insights"

    The author presents a framework of thought that can be honed, and proposes a systematic approach to investing, that aims to eliminate emotional trading and subsequent risks. It was a great mix of practical advice and perspectives on trading and deep dives into psychological theories that underlie it all. I thoroughly enjoyed it.

    0 of 0 people found this review helpful
  •  
    Jared 03-30-17
    Jared 03-30-17 Member Since 2016
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    3
    2
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    "Great Book for new and struggling traders"
    Any additional comments?

    There is a reason why Mark keeps repeating the truths of trading. Great book that empahsizes on discipline and what to expect from the market.

    0 of 0 people found this review helpful
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  • 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
  • Trevor
    3/11/17
    Overall
    Performance
    Story
    "A must read for all budding traders"

    This book gives a real blueprint on how to mentally prepare for trading successfully. I recommend it to all. It is well worth reading more than once.

    0 of 0 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

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