Trading in the Zone: Maximizing Performance with Focus and Discipline

Trading in the Zone: Maximizing Performance with Focus and Discipline

Hardback Wiley Online Trading for a Living

By (author) Ari Kiev

List price $60.53
You save $19.14 31% off

Free delivery worldwide
Dispatched in 3 business days
When will my order arrive?

  • Publisher: John Wiley & Sons Inc
  • Format: Hardback | 240 pages
  • Dimensions: 164mm x 234mm x 28mm | 458g
  • Publication date: 23 March 2001
  • Publication City/Country: New York
  • ISBN 10: 0471379085
  • ISBN 13: 9780471379089
  • Edition statement: Revised and Thumb Indexed and Updated to Include New Develop
  • Illustrations note: black & white illustrations
  • Sales rank: 400,980

Product description

Overcome the obstacles that can prevent you from winning at the trading game A trader's emotional state is vital to being a successful investor. There are many psychological factors that can affect the decisions one makes in the course of a trading day. This book focuses on overcoming issues such as anxiety, fear, and over-ambition so that traders can become more focused and be more successful-in other words, enter the zone-and stay in it as long as possible.

Other people who viewed this bought:

Showing items 1 to 10 of 10

Other books in this category

Showing items 1 to 11 of 11

Author information

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.

Back cover copy

PRAISE FOR Trading in the Zone "Ari Kiev takes us inside the most successful trading firms of our time and shows us how those firms seek to improve performance through disciplined self analysis and structured goal management. His application of psychiatric tools to the short-term trading aspects of behavioral finance can give readers a competitive edge."-Charles A. Leeds Jr., CFA, Managing Member, Hermit Capital Management, LLC "Kiev uses the powerful combination of his professional training as well as a unique vantage point inside the ropes at a market-moving, high-rolling hedge fund to deliver a fascinating analysis of a trader's psyche. Although trading is widely acknowledged as an art, one that requires incredible innate intuition and feel for the markets, Kiev prescribes 'getting into the zone'- a psychological state that one can create - for those aiming to achieve a higher level of performance. His anecdotes, case studies, interviews and tales of the 'Master Trader' are both instructive and tremendously insightful. A compelling read."-Ciaran T. O'Kelly, Head of Equity Trading, Salomon Smith Barney "Trading in the Zone discusses the psychological considerations that serve to distinguish the most successful traders and portfolio managers from the majority of traders who are doomed to failure. Trading is so greatly influenced by emotions and discipline that not to have Ari's insight and advice is a serious mistake."-Tom DeMark, author of The New Science of Technical Analysis "I have been managing money for more than twenty years and I am happy to endorse Dr. Kiev's principles, which have enhanced my performance and that of my traders over the past three years. Trading in the Zone will propel readers to the next level of trading success."-Jay Goldman, Hedge Fund Manager, J. Goldman & Co., L.P. "Ari Kiev's Trading in the Zone clearly and forcefully illustrates the mental discipline that will enable a stock trader to improve his performance."-Allan R. Tessler, Chairman and CEO, Jnet Enterprises "Dr. Kiev works with professional traders, including some of the best traders in the country. In Trading in the Zone, he provides numerous case studies based on the market experiences of these traders, told both through narratives and their own words, in order to distill insights and lessons that should prove invaluable to professional and aspiring traders alike."-Jack Schwager, author of The Market Wizards and Stock Market Wizards

Flap copy

"Most traders believe that 'getting into the zone'happens when youhave 'a hot streak.' I believe you can create the zone. The zone isa psychological state. It is when you are focused, disciplined, andfully engaged in the process at hand . . . trading in the zone willcertainly increase your capacity to perform and succeed."-AriKievIn his internationally acclaimed Trading to Win, psychiatrist andtop trading coach Ari Kiev showed traders how to master commonpsychological obstacles to success and how to develop winningpersonal trading strategies. Now, in this groundbreaking new book, he takes us to the next bold level with a complete, easy-to-followprogram for Trading in the Zone.Drawing on his years of experience helping top Wall Street tradersachieve and sustain peak performance levels, Dr. Kiev describesproven techniques for tapping the energy, focus, and enthusiasmneeded 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 describespsychological and emotional factors that routinely undermine thedecisionmaking process of even the most savvy trader during thecourse of the trading day. Writing for traders in virtually everymarket, he explores the varying psychological and emotional issuesconfronting different classes of traders based on their riskprofiles and preferred instruments. Trading in the Zone helps yougauge the extent to which your effectiveness is being hamstrung bycommon problems such as anxiety, fear of failure, negativeself-image, and greed. He provides step-by-step guidance on how toovercome those internal obstacles and enter the zone, where youwill produce outstanding results, day after day, year afteryear.Don't let cognitive traps and negative emotions impair youreffectiveness as a trader. Read Trading in the Zone and learn howto achieve the heightened levels of objectivity, focus, andconfidence you need to trade in the zone and win, win, win.

Table of contents

Introduction. GETTING IN THE ZONE. Defining the Zone. Overcoming the Past. Using a Goal. PREPARING FOR THE TRADE. Gathering Information. Understanding the Analysis. Learning More. CONTROLLING THE RISK. Managing the Risk. Tolerating the Pain. TRADING CONSISTENTLY. Learning from Your Mistakes. Overcoming Psychological Obstacles. Stepping Up to the Challenge. USING ADVANCED STRATEGIES. Taking Advantage of Capitulation. Short-Selling. Conclusion. Index.