Trading in the Zone: Maximizing Performance with Focus and Discipline

by Ari Kiev

"Trading in the Zone" - Ein praktischer Ratgeber zur �berwindung jener Hindernisse, die erfolgreiches Handeln unm�glich machen. Die seelische Verfassung eines H�ndlers ist ausschlaggebend f�r den Erfolg. Viele psychologische Faktoren k�nnen die Entscheidungen im Verlauf eines Handelstages beeinflussen. Dieses Buch erl�utert, wie sich H�ndler von Gef�hlen wie Angst, Habgier oder �bereifer befreien k�nnen, um sich besser auf das eigentliche Handeln zu konzentrieren. Denn nur wenn ein H�ndler ein H�chstma� an Konzentration und Aufmerksamkeit entwickelt, kann er erfolgreiche Handelsentscheidungen treffen. Dieses Buch ist in der Reihe 'Wiley Online Trading for a Living' erschienen.

Genres: Business

240 pages, ebook

First published January 31, 2001

Reviews

[Myles · Rating 2 out of 5]

I was inspired to read this book based on the character Whendy Rhoades from the Netflix series Billions. Apparently, her character is loosely based on Dr. Kiev. To me, the book was entry-level cognitive-behavioral-therapy type stuff, self-help, in the context of stock trade. It is good to review the big ideas; (1) How am I feeling? (2) What stimulus triggered this feeling? (3) How am I reacting and how are these reactions predetermined by historical patterns of behavior? In other words, mindfulness. I was hoping to find an original idea or new insight or fresh synthesis - maybe I missed it!?

[Y T · Rating 4 out of 5]

A refreshing read about trading psychology, risk management, pain and loss management, etc.

I’ve learnt that trading in the zone involves being in the feeling that you’re in control of whatever is happening, not blaming external factors for losses and knowing how to recover from such losses.

Great read, highly recommended for everyone looking to improve their trading skills.

[Ari · Rating 3 out of 5]

Good psychology is the key to doing anything successfully, particularly for activities that involve a lot of stress and risks, such as equity trading. To my surprise, this book touches on quite some psychological experiences one goes through as a trader. It would resonate well with both newbies and masters. Good topics to reflect on - if one wants to be a successful, and more importantly, happy and calm trader.