Elvin Financial Risk Taking
1. Auflage 2004
ISBN: 978-0-470-02072-2
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
An Introduction to the Psychology of Trading and Behavioural Finance
E-Book, Englisch, 294 Seiten, E-Book
Reihe: Wiley Trading Series
ISBN: 978-0-470-02072-2
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
In Financial Risk Taking, trader and psychologist Mike Elvinexplores the complex relationship between human behaviour patternsand the markets, offering the reader a context in which to assesstheir own strengths and weaknesses as investors. The book offers anapposite and uncomplicated system of skills development in the formof competences and competencies that can be applied anywhere alongthe continuum from casual investor to full-time day trader. Elvinpresents a Comprehensive Model of Trading Competence (the MOT) aswell as the concepts of analysis and refutation, the paramouncyprinciple, and self-sabotaging behaviours such as the Santa Claussyndrome and Bohica effect.
Areas covered include:
* Emotions - are they functional or disabling? How do themechanisms of fear, greed and panic work?
* Motivation and perception - how do belief paradigms affectperception and performance?
* What perceptual errors influence decisions to the trader'sdetriment?
* Information processing and risk assessment - how doesinformation overload affect Stress How does stress affectinvestment decisions?
* Technological and mathematical anxiety - why do we avoidlearning the skills we most need? What levels of ability arerequired?
* Can psychological and biological theories assist in ourunderstanding of investors' performance?
Autoren/Hrsg.
Weitere Infos & Material
List of Figures.
Foreword.
Contrarian Investment Strategies.
Acknowledgements.
1. Introduction: Between Scylla and Charybdis.
2. Understanding Trading Competence.
3. A Comprehensive Model of Trading Competence.
Part A: The Tactical Model of Trading Competence.
Part B: The Strategic Model of Trading Competence.
4. Taming Stress to Become a Better Trader.
5. The Psychology of Perceptual Bias.
6. Emotions, Emotional Intelligence, and the Trader.
7. Martial Arts and Budo Zen - Controlling Fear andSelf-Sabotage.
8. Standards and Criteria for Trading Competence.
Appendix 1: Reading List.
Appendix 2: Websites of Interest.
Appendix 3: Courses and Seminars.
Bibliography.
Index.