Many traders have found that failing to get consistent results is one of the most frustrating aspects of their job. Having a great day, month, or year, followed by a series of failures can be difficult to deal with for even the most seasoned trader. In his book, Trading in the Zone, Mark Douglas tackles the problem of consistency head on.
He discovers the underlying reasons for the seemingly random outcomes that plague traders, and illustrates how these events are actually a lot less random than they seem on the surface. In the process, he discusses risk, and teaches traders to become comfortable with the varying probabilities found in market speculation. The Amazon reviews for the book are by and large positive, making this a must read for anyone currently trading, or thinking about getting involved with the stock market.
Learn More: Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas