Traders have faith in themselves. Traders understand that they cannot beat the market into submission. No way, the power of the market is too awesome for that. Instead, Traders have the faith that they are able to properly identify the opportunities that the market gives them, then of course act upon them.
Intro: Welcome to episode 192
3:29 Call to action go to the clubhouse and take part in a poll of the next book club
4:05 Josh Cole recap of the book of the month ( Trading in the Zone )
9:50- Mental Analysis
13:59 – The Four Primary Fears of Trading
Being wrong, Losing money, Missing out, Leaving money on the table
28:23 -Preceptions
45:50-Having a strategy
(You’re either growing or you’re dying)
54:18-Developing a Winning Attitude
December’s book is Trading in the Zone by Mark Douglas. You can find it on Amazon right here, or check your local library.
We’ll be doing a live audience podcast on December 1 at 7 PM ET to discuss the book. You’ll be able to join us right here: Podcast Room
For your free 15 day Tackle Trading Pro trial membership, follow this link (https://tackletrading.com/join-pro/) and fill out the form with the coupon code being: theta
One Reply to “TJ 192: Book Club, Trading in the Zone, Josh Cole”
Thanks for the excellent recap Josh. Great book and one I wish I had consumed the book in the beginning of my own trading journey. As I listened to the audio book, specifically the mental mindset section, I frequently linked this section back to the importance of a system and abiding by the rules to sustain a strong mindset in the trading business.
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