Mark Douglas (1) (1948–2015)

Focuses very specifically on trading psychology and mindset, not so much market/technical analysis nor general investmet principles. A mix of broad concepts and practical steps. You'll learn:
• The limitations of fundamental analysis and technical analysis, and why mental analysis, a probabilistic mindset, and mental-emotional discipline are crucial for long-term trading success.
• The difference between the market's perspective vs traders' perspectives, and how our beliefs distort the way show more we see, interpret, and respond to market information.
• How to build a winning mindset through internal rules and structures, fully accepting risks and responsibilities, and adopting a probabilistic mindset.
• How to internalize the 5 fundamental truths of trading in 3 stages, to start trading in the zone trade with calm, confidence, and full alignment with the market.
Book Summary at: https://readingraphics.com/book-summary-trading-in-the-zone/ show less

Chapters 1-3 and 15 useful, the rest a huge load of psychobabble and pseudoscience (negative emotions are caused by negative electrical charges in the brain?!)

no novel. very good
7.7

The only trading book you will ever need.