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on July 17, 2015
Great ideas, but repetitive and he takes a long time to make a point.
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on September 10, 2014
i bought this book at the right time, after a year or so of trading. i don't think i would have enjoyed it as much at the beginning when i was learning the mechanic of trading. after a lot of trial and error, this book really helped me put it all together and define my style.
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on June 23, 2014
This book will always remain a classic traders reference for the simple reason that human emotions will continue to be what they are. There are a ton of reviews on this book everywhere and they are overwhelmingly review that praise the book. I am not a trader but someone who is interested in the financial markets. At the time I read this book, I was considering trading but I honestly have better things to do. Still, the insights from this book were and continue to be helpful. If you have any interest in the markets and in particular, in trading, then this is a book you should read (or listen too).
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3 of 3 people found the following review helpful
on April 26, 2013
When it comes to trading psychology, Mark Douglas' books are an essential resource. On the surface, this book initially appears repetitive and dry, but I can say now, seven years after reading it, the core message is profound. Douglas covers some key topics such as: process versus outcome, thinking like a casino, having an edge, and the impact of fear and other emotions on trading.

I ended up highlighting areas of this book, which I though were profoundly deep. For example:

-"In fact, the degree by which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader."

-"When you genuinely accept the risks, you will be at peace with any outcome. When you're at peace with any outcome, you will experience a carefree, objective state of mind, where you make yourself available to perceive and act upon what the market is offering you at any given "now moment"."

Now, in my opinion, a suggestion: It is not necessary to read both of Douglas' books. They are the same book re-packaged, so reading both is like reading one twice.

Lastly, this book, while essential, is not enough. You need to have an edge in order to trade successfully in the long term and this book does not actually teach you how to trade. For books that give you a concrete way to gain an edge in the market, please check out my other reviews.

--->Danny Merkel
--->Charting Trends Blog
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1 of 1 people found the following review helpful
on February 7, 2013
I think anyone could benefit from reading this to better understand the our minds work. Many valuable psychology lessons in here.
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1 of 1 people found the following review helpful
on January 25, 2013
It is to the point and effective and a lot of common sense. I have been using it since the day i got it.

Aslan
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on November 17, 2012
i bought the audio book as i find this content hard to focus on when i read it, but i must say i loved this book very powerfull stuff. i noticed a change in my trading right away.
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3 of 4 people found the following review helpful
on January 25, 2012
I must admit, this is one of the best books I have read for trading and it also has training for other areas of life too!

To become an excellent, consistent trader, you HAVE to start with the right mindset. Technical skills are necessary, but unless you have the right mindset, they may still lead you astray.

Read this book BEFORE trading so that you don't lose money.

This is one book you have to read more than once.
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1 of 1 people found the following review helpful
on September 26, 2011
If you are a trader who trades,forex,futures,options,etc. then this book "Trading in the Zone" is must to have,one needs to refer back to it over and over again.
Roger
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1 of 4 people found the following review helpful
on May 12, 2011
I received my book Trading in the Zone in the specified time in good condition.

Thank you
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