At some point, every trader every trader encounters a mental block, makes a trade he or she regrets, or faces an emotional challenge related to an investment. All the technical expertise in the world won’t help you succeed if you don’t have the right mindset. This collection of the top psychology-related articles from SFO, the official Journal for personal Investing, will help you assess what kind of trading is right for you and how to manage your personal mind games. This book explores managing mind games and controlling emotions, as well as behavioral economics and how the act of trading affects the internal workings of the brain. Learning about the hard science behind economic decision making and how brain function contributes to trading decisions can help give you the edge you re seeking.
One cannot become a Tape Reader by giving the ticker absent treatment; nor by running into his broker’s office after lunch, or seeing “how the market closed” from his evening newspaper…. He should spend twenty-seven hours a week at the ticker, and many more hours away from it studying his mistakes and finding the “why” of his losses. -from “Introductory”
A classic of technical stock-market analysis, this is considered the most important work of one of the great market watchers of the early 20th century. It covers: . stop orders and trading rules . volumes and their significance . market technique . “dull markets” and their opportunities . and more.
Have you ever wanted to spend time learning the strategies of some of the very best traders and hedge fund managers in the world? with the best: TradingMarkets conversations with top traders you will read, learn and absorb how these individuals have reached the pinnacle of trading excellence.
Among the things you will learn in this book:
In The Guts & Glory of Day Trading, you’ll read the astounding stories of those traders who have been skilled enough to make significant money, and the gut-wrenching dramas of those who were unfortunate enough to lose vast fortunes.
In easily understood language, this book shows you how to use technical analysis to decide when to buy and sell stocks, evaluate a stock’s performance, and forecaste probable long-term trends in the stock market. Written for the average investor, the book provides guidelines on how to apply the same tools of technical analysis that the experts use to interpret what’s happening on Wall Street. it explains exactlyt how to combine fundamentals and technical analysis in stock market trading in order to boost total annual return on your portfolio.