Audio Book Review- “Trading in the Zone” By Mark Douglas

 

 

I just finished a audio book by Mark Douglas called “Trading in the Zone”. I signed up with Audible through Amazon, which gives you a wide selection in many different categories. Audible is $7.95 a month, I think its well worth it if you read a lot or in this case listen!

I went with a audio book because I like to listen while I drive to and back from work…. and sometimes during work, or while sitting on the couch, riding shotgun or at lunch… you get the point. Its very convenient since you can download it on your iPhone and you can listen anytime you  have a free moment. Trading in the Zone was 8 hours and 7 minutes long and it took me about three weeks to finish.

This book is not about trading strategies and its not going to teach you how to trade. This book is about the psychological aspect of a trader. It will give you insight on how a trader needs to think and understand the psychology of the market to be successful trader. The beginning chapters were kind of slow but it picked up towards the middle and end. There is some great information and analogies to help you understand how a trader thinks. Since trading is very challenging mentally this book will help you understand on how to develop a strong mind and the way you need to think as a individual trader and market as a whole. I would recommend this book just so you can get more knowledge of the psychology aspect of trading. Its a easy read and should be part of your arsenal.

More Motivation

Trading is one of the most challenging things that anyone can ever do! If it was easy everyone would be Multi-Millionaires…. No really! But… its not impossible either. If you study hard and work at it you can be very successful at it. You also have to stay inspired and motivated just like anything in life. I have not traded in two weeks… I actually had to do work at work. I look to get back at it next week. Thanks Rubin for the Vid!