A TRADING BOOK CLASSIC!
Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the ‘probabilities’ of market movement that governs all market speculation.
The main thesis of Trading In The Zone is not to teach you a trading strategy but to instead teach you how to deal with the many psychological challenges of trading itself. Anyone who’s been trading for a long time knows how important it is to have the right mindset when trading the markets, this mindset is very difficult to achieve without help, which is why Trading In The Zone is revered by so many traders.