Douglas, president of the seminar firm Trading Behavior Dynamics, focuses on the psychology of successful traders. Instead of offering specific strategies, he advises readers, “The first step on the road…is to understand and completely accept the psychological realities of trading.” It may be too abstract for some, but given trading’s risks, this book could assist experienced investors willing to engage in self-reflection.
Douglas explains to the trader just what type of mental mindset is needed to be a winner in the markets ~ and guides the reader along a path of self-discovery leading them to higher and sustained trading results.
Trading in the Zone introduces a whole new mental dimension to getting an edge on the market. Use it to leverage the power of the “zone” for unprecedented profit.
Learning how to think in probabilities is key ~ Douglas is excellent at discerning how to achieve that mindset through examples from his own trading, and examples from his days as one of the first trading coaches.