Trading in the zone pdf google drive

PDF Title :Total Page :Author:PDF Size :Language :Rights :PDF Link :
Trading in the Zone
143 Pages
Mark Douglas
1.3 MB
English
phindia.com
Available

e-Books, Stock Market / Trading Books

Summary
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Trading in the Zone – Book

When you believe that you don’t know what is going to happen next, what exactly are you expecting from the market? If you said “I don’t know,” you are absolutely right. If you believe that something will happen and that you don’t need to know exactly what that something is to make money, then where is the potential to define and interpret market information as threatening and painful? If you said “There is none,” you are absolutely right again.

Here is one more example of how beliefs demand expression. Let’s look at a situation where a child’s first encounter with a dog was a very positive experience. As a result, he has absolutely no problem interacting with dogs (any dog for that matter), because he has not encountered one that’s unfriendly.

Therefore, he has no concept (an energized belief) that it is possible for a dog to inflict any damage or cause him to experience pain. As he learns to associate words with his memories, he will probably acquire a belief along the lines of “all dogs are friendly and fun.”

Therefore, every time a dog comes into his field of awareness, this belief will demand expression. From the perspective of someone who fi with a do?, it will seem as if this child has an attitude of reckless abandon.

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About this ebook

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.

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7 people found this review helpful

Great book on trading psychology

22 people found this review helpful

Eye opening

8 people found this review helpful

About the author

Mark Douglas is also author of "The Disciplined Trader™:Developing Winning Attitudes" published in 1990 and considered an industry classic--and one of the first books to introduce the investment industry to the concept of trading psychology. Mark began coaching traders in 1982, and has continued to develop seminar and training programs on trading psychology for the investment industry, as well as individual traders.  He has been a frequent speaker at seminars across the world, as well as in the U.S., teaching traders how to become consistently successful.  He is currently working on his third book, and can be reached through his website markdouglas.com.

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