WHY THIS BOOK: TRADING IN THE ZONE

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Trading in the zone is the book which let us understand the psychology of the stock market trader. We can learn to understand the clear odds and find hidden odds, to choose more brain power to make an educated guess. Sometime it is more profitable. It is about an opportunity that market gives or we guess through our theoretical, mental model.

Am I quick at grabbing the opportunity?

Did I minimise the risk of failure and maximise our reward?

If the answer of both the question is ‘yes’ then, we should not feel bad, not feel bad at losing our money. We have to make a strict money management and strict set up logical and rational rules.

At the starting, if we do not know the opportunities, if we take a risk when we need not to, if the motions spoiled our game and actions as well then we cannot put our money in the market and we cannot be even.

While reading the book we learn the answers of the below questions…

How to buy at low and sell at high?

How to control our losses?

Let the profit run but be right at our strategy and setup.

How to avoid trading through tips?

How to avoid over rated strategies?

Why not totally depend on technical analysis?

How can we become profitable?

What is trading mind-set?

How to think in probabilities?

There is always a risk associated with every trade; it may be the cost of the stop loss. But most of the trader don't think, either he will make money or lose money. Every trader wants to be profitable but at the same time every trader has to bear the cost of stop loss. The professional trader knows that trading is a random event so anything can happen. It should be our mind set to be neutral and do not expect anything; market can go up or down.

I picked this book to learn and improve my mind-set towards trading. There are so many courses available for trading in the market but what this book can teach us is priceless. As the stock market is totally based on numbers but I did not find any number in the book. There are so many things available in the book that can make us a professional trader and to you also…

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