Trading in the Zone Book Review
Recommended by |
|
100% |
Score |
|
76/100
(4 ratings)
|
Readability |
|
4/5 |
Length |
|
4/5 |
Use of Illustrations |
|
3/5 |
Index and Layout |
|
4/5 |
Quality of Information |
|
4/5 |
Title | Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude | |
Author(s) | Mark Douglas | |
Publish Date | Apr-2000 | |
Amazon Rank | 3,605 | |
ISBN | 0735201447 |
Review Trading in the Zone
See all books
Score |
|
88/100
|
Readability |
|
5/5 |
Length |
|
4/5 |
Use of Illustrations |
|
3/5 |
Index and Layout |
|
5/5 |
Quality of Information |
|
5/5 |
This is a book that should be read & re-read. Best chapters are: Chapter 3 - Taking Responsibility and Chapter 11 - Thinking Like a Trader.
Score |
|
68/100
|
Readability |
|
3/5 |
Length |
|
3/5 |
Use of Illustrations |
|
3/5 |
Index and Layout |
|
3/5 |
Quality of Information |
|
5/5 |
If you want to enter and stay in that elite 5% of traders who make money consistently ,I highly recommend this book ! ! !
If you are already there, God Bless You :-)
Mark sometimes meanders too much as he makes his points,
but the essential wisdom is priceless & essential and WELL WORTH internalizing and implementing .
Score |
|
92/100
|
Readability |
|
5/5 |
Length |
|
5/5 |
Use of Illustrations |
|
3/5 |
Index and Layout |
|
5/5 |
Quality of Information |
|
5/5 |
Read it once a year for the rest of your trading career. The bible of trading psychology.
Score |
|
60/100
|
Readability |
|
3/5 |
Length |
|
3/5 |
Use of Illustrations |
|
3/5 |
Index and Layout |
|
3/5 |
Quality of Information |
|
3/5 |
If you were to buy only one book on trading then this is the one that I would recommend. I personally did not find it an easy read and I had to read it a few times before everything sunk in. I know that others had a much easier time reading it. This book was written ten years after his very popular The Disciplined Trader and in my opinion has ten more years of wisdom and knowledge in it.
The psychology books have been placed here in the "order of books to read" because I feel that you need to understand the biggest challenge that any trader faces. As a trader you will make mistakes based on psychological flaws that everyone has. However, having read about the psychological challenge that each one of us faces, you will be able to recognize the mistakes as you make them and be able to come back and refer to this book and the techniques needed to overcome these problems. Being able to identify the problem is one of the challenges that you will face when you are trading. Having this book to hand to come back to and refer will save you.
Copyright © 2004-2023, MyPivots. All rights reserved.