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Trading in the Zone: Maximizing Performance with Focus and Discipline »

Book cover image of Trading in the Zone: Maximizing Performance with Focus and Discipline by Ari Kiev

Authors: Ari Kiev, Kiev
ISBN-13: 9780471379089, ISBN-10: 0471379085
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: March 2001
Edition: (Non-applicable)

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Author Biography: Ari Kiev

ARI KIEV, MD, is a psychiatrist who specializes in stress management and performance enhancement. He is also President of the Social Psychiatry Research Institute and is recognized worldwide for his pioneering work in transcultural psychiatry, suicidology, and psychopharmacology. His other books include the acclaimed Trading to Win: The Psychology of Mastering the Markets; Transcultural Psychiatry; A Strategy for Daily Living; and The Courage to Live.

Book Synopsis

"Most traders believe that 'getting into the zone'happens when you have 'a hot streak.' I believe you can create the zone. The zone is a psychological state. It is when you are focused, disciplined, and fully engaged in the process at hand . . . trading in the zone will certainly increase your capacity to perform and succeed."-Ari Kiev

In his internationally acclaimed Trading to Win, psychiatrist and top trading coach Ari Kiev showed traders how to master common psychological obstacles to success and how to develop winning personal trading strategies. Now, in this groundbreaking new book, he takes us to the next bold level with a complete, easy-to-follow program for Trading in the Zone.

Drawing on his years of experience helping top Wall Street traders achieve and sustain peak performance levels, Dr. Kiev describes proven techniques for tapping the energy, focus, and enthusiasm needed to enter the zone and stay there, every trading day, regardless of short-term results or market conditions.

With the help of many fascinating case studies, Dr. Kiev describes psychological and emotional factors that routinely undermine the decisionmaking process of even the most savvy trader during the course of the trading day. Writing for traders in virtually every market, he explores the varying psychological and emotional issues confronting different classes of traders based on their risk profiles and preferred instruments. Trading in the Zone helps you gauge the extent to which your effectiveness is being hamstrung by common problems such as anxiety, fear of failure, negative self-image, and greed. He provides step-by-step guidance on how to overcome those internal obstacles and enter the zone, where you will produce outstanding results, day after day, year after year.

Don't let cognitive traps and negative emotions impair your effectiveness as a trader. Read Trading in the Zone and learn how to achieve the heightened levels of objectivity, focus, and confidence you need to trade in the zone and win, win, win.

Booknews

In this expanded version of his 1998 , Kiev describes how stock market traders often let internal obstacles, such as anxiety, fear of failure, negative self-image, and greed, prevent them from succeeding in their field. Kiev, a psychiatrist who specializes in stress management and performance enhancement, provides traders with step-by-step guidance, supplemented with many case studies, on how to overcome internal obstacles and become consistently focused, productive and effective. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Table of Contents

Introduction1
Pt. 1Getting in the Zone
Ch. 1Defining the Zone11
Ch. 2Overcoming the Past21
Ch. 3Using a Goal33
Pt. 2Preparing for the Trade
Ch. 4Gathering Information53
Ch. 5Understanding the Analysis69
Ch. 6Learning More81
Pt. 3Controlling the Risk
Ch. 7Managing the Risk99
Ch. 8Tolerating the Pain117
Pt. 4Trading Consistently
Ch. 9Learning from Your Mistakes135
Ch. 10Overcoming Psychological Obstacles157
Ch. 11Stepping Up to the Challenge175
Pt. 5Using Advanced Strategies
Ch. 12Taking Advantage of Capitulation195
Ch. 13Short Selling205
Conclusion219
Index227

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