
Trading in the zone
by Mark Douglas · first published 2001
5mentions
2recommended by
4HN commenters
2016–2025first – last mentioned
50% recommend50% neutral
Maximizing the trader’s state of mind is the key to successful results. Conflicts, contradictions and paradoxes in thinking can spell disaster for even a highly motivated, astute and well grounded trader. Mark Douglas, a trader, personal trading coach, and industry consultant since 1982, sends the message that "thinking strategy" will profoundly influence a trader’s success rate. Douglas addresses five very specific issues to give traders the insight and understanding about themselves that will make them consistent winners in the market.Trading In The Zone offers specific solutions to the “peo
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…High Probability Trading by Marcel Link How Technical Analysis Works by Bruce Kamich How to Buy by Justin and Robert Mamis (out of print; worth every penny) When to Sell by Justin and Robert Mamis Trading in the Zone by Mark Douglas (don't underestimate the importance of getting your psyche under control!) Japanese Candlestick Charting Techniques by Steve Nison Market Wizards by Jack Schwager (these are well worth…
on “Ask HN: How did you learn about stocks and the market?” ↗…GDP, etc) so I can make sure I am not in the market when they take place. I haven't read any books about algorithmic trading(but I've read a ton about trading in general...favorite is Mark Douglas's 'Trading in the Zone'). Most of my introduction to algorithmic trading came from a trading platform(Multicharts.NET). I wasn't a .NET programmer specifically, but they include the source code for all indicators/signals that…
on “How Two Tiny Volatility Products Helped Fuel a Sudden Stock Slump” ↗…Markets (John Murphy), Japanese Candlestick Analysis (Steve Nixon - skip the first chapter), Trading and Exchanges (Larry Harris) Good follow ups: All the Market Wizards books (Jack Schwager) Psychology: Trading in the Zone (Mark Douglas), The Nature of Risk (Justin Mamis) Less theory, more practical: Mastering the Trade (John Carter) Putting it all together: How to Buy (out of print) and When to Sell (both Justin and…
on “Ask HN: Any of you took a loss while trading? How did you handle it?” ↗I think we read the same book. Probably "Trading in the Zone" or one of those. I never ended up day trading much, but I sure as hell got that message loud and clear.
on “Why do older individuals have greater control of their feelings?” ↗I’ve been trying daily trading in crypto and have read several books on trading, including Trading in the Zone and on Technical Analysis. If there are successful daily stock or crypto traders here, what other good books or resources would you recommend for becoming a better trader? What things have helped you…
on “Ask HN: What's your Best Advice for becoming a successful crypto/stock trader?” ↗