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Publisher's Summary

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.

©2018 Paula T. Webb (P)2018 Penguin Audio

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What listeners say about Trading in the Zone

Average Customer Ratings
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Perfect listening

i think this book makes for very easy listening and would be a great choice to listen to it instead of reading the hard copy. The narrator has done an excellent job too. Of course I always remain a Mark Douglas fan!

1 person found this helpful

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great book to learn,

for transformation of trader to professional, great book to learn. Winning attitude, care free mind , deactivated of through etc

1 person found this helpful

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Must read for traders

An excellent read which covers the vital aspects of psychology in trading. It's down to earth, practical and eye-opening. A great read, engrossing with logical flow.

1 person found this helpful

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Good Trading Psychology for biginers

Good for people who are new to trading.. This books describe the psychology behind trading...

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Great Book

Must read for all traders. At least for those who what to be consist with trading.

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awesome is the word...

I loved this book....must ...must read for every trader as well as for any person.

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Simply awesome. Must for every trader

Beautifully narrated. If you want to get the mental edge in trading, this is it.

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What an experience!!

This is a must read for who are in trading game. Be it a beginner or a seasoned trader, this book will benefit all on the floor.

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The best book for trading strategy and discipline

this book is necessary for every trader for trading physcology and discipline, I recommend this should be listen by every trader

thanks

YOGESH GURJAR

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    5 out of 5 stars

Great effort in articulating a roller-coaster ride

The author skillfully gives you a peek into a typical trader's mind...if you think some wise words can help you untangle the quirks in your fuzzy ways of thinking while trading, it's worth a quick read.

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  • Penelope Frey
  • 24-07-18

Most important trading book I own!

I purchased this book several years ago when it was recommended to me. I wish I had read it then. The audible version of the book makes it much easier for me to complete a book cover to cover. This book is outstanding. Deals with the whole mental side of trading and to me that is 90% of trading. Highly recommend it!

16 people found this helpful

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  • Amazon Customer
  • 01-05-19

Disappointed given the stellar reviews I've read.

The author offers some valid knowledge, but it's buried within so much fluff about your emotions and thoughts that it's hard for me to appreciate. I'm only half way through the book and struggling to finish. For a new trader this might be a good read but for anyone who has experienced the markets this is common knowledge. Basically, a trader's goal is to think like the casino. Keep the size of the bets small enough in relation to overall capital to reduce the chance of a ruinous event, find an edge and simply trade it. That's all it takes to be successful. And yet, 95% of traders fail, and they fail because they let their emotions (fear and greed) or other beliefs (the ego's need to be right) get in the way simple as that.

13 people found this helpful

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  • Amazon Customer
  • 07-03-19

Decent book on trading psychology

First 4-5 hours of the book has very good takes on psychology of trading witch is obviously very important. I felt the content on the first half is very valuable.

Towards the end of the book there is bizarre VERY long section to explain effects of bad experience. The book spends an hour or so making a point that could be made in 5-10 minutes. I feels like author ran out of things to say and really stretched the end to add mass to the book.

That aside I feel this is one of the better books on trading and the topic is definitely very important success factor.

9 people found this helpful

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  • Usedguru
  • 11-04-20

Off the charts , practical, get we done advice;

I am a 58 yr old 30 lifetime in the trenches entreprenuer. I read on average 50 books a year . I have had my share of successes and failures throughout the years. This book, for me, is one of the most powerful, practically written , execution plans that I have been searching for my entire working life. . If you struggle to consistently connect the wins in your business life, then this book is your missing link. I learned more practical advice in this 1 book than in the cumulative value of 100"s of others. If you have the strategies mastered,(in any profession), but struggle with your consistency in getting results, than this book is your new bible. .S o much more than a trading book. It is a business mantra providing you guardrails to your success!!

6 people found this helpful

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  • clifford b garvin
  • 02-03-19

Awesome

Awesome account of the mental and holistic aspects of trading psychology and how beliefs affect reality

5 people found this helpful

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  • Ken Russell
  • 20-05-18

This is very helpful in learning to trade.

I found the guidance to be extremely beneficial to me in my development as a trader .

4 people found this helpful

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  • Clifton Vella
  • 02-03-19

Indispensable!

This book should be a requirement for any aspiring or even already established trader! Gone through my first listen and will go through a second one soon as the principles listed in this book are so important!

3 people found this helpful

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  • Mafe
  • 24-02-19

This book helped me to relax a lot!

This is one of those books that can be listened to multiple times and you will get more out of it each time.

3 people found this helpful

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  • Rafa
  • 22-02-19

Great book

Loved the mindset he talks about. Once you change your thinking you change your results.

2 people found this helpful

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  • W. Long
  • 20-02-19

A must read or listen for anyone wanting success in the market.

This is truly a must for anyone that has any desire to successfully trade the markets. It’s mind changing and will positively change how you view trading.

2 people found this helpful

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    2 out of 5 stars
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  • richard hannay
  • 12-12-18

ok

Basically be cold in your emotions, know that anything can happen and have an edge.. oh and watch your kids near dogs.
just saved you several hours.

10 people found this helpful

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  • Badrul Hussain
  • 26-08-18

A must read for all traders and for all levels.

This is a very, very good book on trading psychology. If you're new to this or a beginner read or listen to this book more than once to benefit from one of the best psychologist out there.

2 people found this helpful

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  • Jan M.
  • 22-01-21

Must listen!

It is a bible of trading, just go for it.
once you have finished, do it again.

1 person found this helpful

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  • Mr
  • 26-02-21

The missing piece of your trading!

So enlightening and powerful in the subtle difference in thinking that go again our nature but changes your performance in trading that are taught in this book.

The teachings in this book can be applied to much more than trading!!

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  • Cristhian
  • 18-01-21

Amazing book to develope the winner mind.

Enlightering tips to master the winner psychology of constantly profitable traders. I really enjoyed and definitely will practice all I learned from this book.

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  • Ben Millar
  • 17-01-21

simply a must read/listen to for all traders

brilliant book and a must read for all traders whether you're a beginner, somewhat experienced or advanced. if you aren't prepared to open up and properly examine yourself and accept some harsh truths then the golden lessons contained within will never benefit you. this is not a book you should read for entertainment, it's a book you should study with a pen and notepad at hand. actively making changes to your trading and applying what you learn will show you an incredible difference in your trading results and P/L. it's clear that mark Douglas knows what he's talking about.

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  • RBG
  • 27-12-20

Brilliant insight

Great insight into what trading involves.
Broken down into crumbs, analysed and reconstructed again so you can see the fuller picture as it's constituent parts!
Fully recommended.

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  • T. Bullen
  • 22-12-20

Repetitive drivel

I tried, but could not finish this. Repetitive lessons on how to suck eggs, laced with sudo psychological nonsense. Avoid.

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  • Greg
  • 17-12-20

Great audiobook

Fantastic book, it is incredible how life principles don't apply in the markets and trading mindset can be helpful in life.

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  • R.B.L.White
  • 25-11-20

Not recommended

There were one or two useful points, but for the most part the book is very repetitive and actually quite irritating. The “dogs” example just goes on and on and on.
A much better buy on psychology would be “The inner game of tennis”, even though it’s not about trading as such.

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  • joel collie
  • 10-02-21

I took a loss on this investment

waste of money for me, maybe this will help others but I found the topics discussed to be redundant. yes clearly you have to own and accept risk, yes clearly being confident when making decisions makes for better probability, now hurry up and tell me about trading instead of waffling on with existential hyperbole.....

Go read Mark Manson's Subtle Art of Not Giving a Fuck, you'll get more out of it.

1 person found this helpful

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  • John M
  • 07-09-19

A MUST read for anyone passionate about trading!

A key aspect of this book is to view trading as a game of probabilities and to understand that any set of trading rules must be given enough of a sample size to clearly know if your system gives you an "edge".
Too often we try to justify why one trade turned into a loss with the belief that if your system is incredible you should never be wrong.
If you knew that your system is right 70% of the time, this means 14 out of 20 trades will be correct. What you need to realize is that you don't know when those 6 losses will occur. You may lose the next 3. Disregard your emotions. Follow your trading system and let the odds of probability work in your favor.

1 person found this helpful

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  • Amazon Customer
  • 19-06-18

A great tool I'll refer to often

The best narrator I've heard so far, and the content is a game changer. This is too good to listen to just once.

1 person found this helpful

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    5 out of 5 stars
  • Timothy Geldard
  • 19-12-20

Great book

Gave me a great understand of how to think in the market. Worth a listen

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  • Maurie
  • 19-07-20

Effective

Oldie but a goodie and still very relevant. Should be mandatory reading for new tradies to calibrate their thinking. Highly recommended.

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  • Anonymous User
  • 08-07-20

MUST read for any and every trader

This is without question THE most important tool you have as a would be trader.

Cannot recommend enough, do yourself and your equity curve a favor and read this before placing a single trade.

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    5 out of 5 stars
  • Anonymous User
  • 05-06-20

very good , make sense and i believe its of use

recommend to get, will help you understand trading. and the psychology towards it , of having trust in yourself your trading system and changing your view of the market .

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  • Jonathan Yee De Wei
  • 25-05-20

One of the simplest yet most comprehensive books on trading consistently

Douglas may incorporate concepts that may seem a little out there, but digesting then a couple times over, I’ve found his content to be enlightening and even the examples he gives on trading errors spoke to me on a personal level. Highly recommend for any aspiring trader or even professional looking to better their trading process and mindset!

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  • kieran clark
  • 21-04-20

just right for trading

great thought provoking.The book confirmed ideas that I had been personally processing. on to the next stage

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  • Gihan Hemachandra
  • 25-03-20

Absolute eye opener!!

finding the Zone is not easy but this book really help you to understand what's needed to find it. Absolutely great!!