Trading in the Zone by Mark Douglas
Trading in the Zone is a trading book dedicated to the psychological training of a trader. According its author, Mark Douglas, traders mindset should be significantly different than a common real-life mindset. The greatest profits are made in financial trading only by those who switch their minds to a completely different way of thinking that would allow them to overcome some of the biggest problems the psychological problems of trading. Those problem include: the unwillingness to create any rules for trading, failure to take responsibility for the own steps, addiction to the random rewards from the market, giving oneself to the extern control of the trading rather than the internal control of self. Trading in the Zone is the in-depth look at the challenges that every trader faces daily and that the majority of traders fail to overcome and lose their money and waste their time.
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