Trading in the Zone : Maximizing Performance with Focus and Discipline

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.

The author emphasized throughout the book the importance of entering the zone, a state of mind that you can neglect fear, greed, P/L, and just trade according to your feeling of the market, though he supplemented that with the need of analysis, hardwork, focus blah blah blah, and that different people have different means to enter the zone, illustrated with examples anonymous. Those might be true stories. However, the author just did not tell the readers how they could do it themselves without the assistance of a coach like the author's good self.

A reviewer of this book wrote that this should be read together with Douglas's Trading in the Zone and Mc Call's The Way of the Warrior Trader. One should read those two excellent books only, but definitely not this.

Not his best...   December 30, 2001
17 out of 18 found this review helpful

I personally admire Dr. Kiev's work and contribution to daily psychology. However I would suggest any trader - or any other person, for that matter - to read and apply the ideas in his " Daily Living Strategy". His goal-based approach is what I live on, and I certainly understand the positive comments made by his clients, but I think the reviews are concerning the book + the counselling they took personally from Dr. Kiev. By itself, the book is not complete. It is helpful, and it certainly adresses several important issues, but it doesn't go deep. Also, it is a product of Dr. Kiev's work with the professional traders working in huge trading firms or departments, and as such, addresses the problems and solutions that can be found in such settings. Even the trading methodology Dr. Kiev seems to advocate sounds very institutional: he is talking about how to get real info from analysts that call you up. Well, being a full time trader who strikes on his own, that didn't help me. Again I recommend buyiing his now-classic book, the Daily Living Strategy, and apply it to whatever it is you want to achieve in your life.


Managing the Zone   October 3, 2001
Peter Corey (Westport, CT)
0 out of 2 found this review helpful

There are hundreds of good ideas floating around, just as every trader has thought of hundreds of great winning trades. The problem is in manifesting those ideas, making them work in concrete reality. Ari Kiev's book goes beyond the typical in that it doesn't stop at merely describing those obstacles to becoming a better trader; it pushes into the realm of implementation.

All of us can recall the feeling when everything falls into place, a point made clear from the many relevant interviews that reinforce Dr. Kiev's points. The difficulty--and the strength of this book--is to be consistent in one's effort to maintain that state of mind. There are mny useful tools and exercises offered that will keep traders from unconciously falling back into unproductive habits.

Everyone needs help, especially on the path to becoming an accomplished trader. This book is an essential guide to staying aware and taking action.


Managing the Zone   October 3, 2001
Peter Corey (Westport, CT)
1 out of 2 found this review helpful

There are hundreds of good ideas floating around, just as every trader has thought of hundreds of great winning trades. The problem is in manifesting those ideas, making them work in concrete reality. Ari Kiev's book goes beyond the typical in that it doesn't stop at merely describing those obstacles to becoming a better trader; it pushes into the realm of implementation.

All of us can recall the feeling when everything falls into place, a point made clear from the many relevant interviews that reinforce Dr. Kiev's points. The difficulty--and the strength of this book--is to be consistent in one's effort to maintain that state of mind. There are mny useful tools and exercises offered that will keep traders from unconciously falling back into unproductive habits.

Everyone needs help, especially on the path to becoming an accomplished trader. This book is an essential guide to staying aware and taking action.