Trading in the Zone
by Mark Douglas
The psychology of trading: thinking in probabilities, accepting risk, the five fundamental truths. The most recommended mindset book among traders. Trading is risky; this is not advice.
Read it if…
you trade and know your psychology is the problem.
See the book →
Skip it if…
you are a long-term index investor.
Try instead: The Disciplined Trader →
Three things you will actually use
- Anything can happen.
- Think in probabilities.
- Define risk before entry.
Do this first
Write the five fundamental truths and read them before every session.
Our verdict
Trader psychology, definitive.
See the book →
Compare with other Money books
Browse all Money book reviews or get the free Reality Code Cheat Sheet.
As an Amazon Associate, WisdomDeck earns from qualifying purchases. Links marked “Click to see” go to Amazon. We are not paid for opinions, prices and availability are not shown here and change on Amazon, and we never see your purchase details. Nothing here is medical, legal or financial advice.