Is Trading in the zone (2001) CHUD or WOKE?
chudrank score: 41 / 100 (slightly CHUD-leaning). 0 is CHUD (right-wing), 100 is WOKE (left-wing).
Book by Mark Douglas, 2001.
32 votes: 41% WOKE, 59% CHUD.
Why: Trading psychology; no clear politics
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 “people factor” of commodity price movement. It uncovers the true culprit for lack of consistency when i…