Trading Psychology For Dummies book cover

Trading Psychology For Dummies

Published: August 16, 2022

Overview

Keep your head in the game! Make smarter, confident trades in global markets Trading is 80% psychology and 20% methodology. Trading Psychology For Dummies helps you develop the mindset you need to respond correctly in any market condition. Make more money on your trades as you develop mental strength, act confidently, and avoid the typical mistakes traders make when they don’t understand their own minds. This book is for traders with any portfolio size and any risk tolerance. With the clear and easy approach that has made Dummies investing books so wildly popular, you can take your trading skills to the next level. When you stop underestimating how much your psychology governs your returns, you’ll discover ways to tweak your own thought process for better trading results.
  • Learn how human psychology influences decision making in financial markets and other areas of life
  • Discover advice and techniques that you can try right away to make more rational trades
  • Examine how institutional investors account for market psychology when they predict price movements
  • Earn better returns with the perspective of veteran traders who apply psychology-based techniques daily
Trading Psychology For Dummies gives an edge to novice and experienced traders alike. Gain confidence and maintain a flexible and open mind when trading.
Keep your head in the game! Make smarter, confident trades in global markets Trading is 80% psychology and 20% methodology. Trading Psychology For Dummies helps you develop the mindset you need to respond correctly in any market condition. Make more money on your trades as you develop mental strength, act confidently, and avoid the typical mistakes traders make when they don’t understand their own minds. This book is for traders with any portfolio size and any risk tolerance. With the clear and easy approach that has made Dummies investing books so wildly popular, you can take your trading skills to the next level. When you stop underestimating how much your psychology governs your
returns, you’ll discover ways to tweak your own thought process for better trading results.
  • Learn how human psychology influences decision making in financial markets and other areas of life
  • Discover advice and techniques that you can try right away to make more rational trades
  • Examine how institutional investors account for market psychology when they predict price movements
  • Earn better returns with the perspective of veteran traders who apply psychology-based techniques daily
Trading Psychology For Dummies gives an edge to novice and experienced traders alike. Gain confidence and maintain a flexible and open mind when trading.
Trading Psychology For Dummies Cheat Sheet

Are you surprised that it's so hard to consistently earn money on the stock exchange? The explanation is as simple as it is sobering: It's because we are all human beings, with all the associated genetic dispositions that come with that fact. The neural structure of the human brain is the result of our evolutionary development. Your thought and behavior patterns, such as the deep-seated fight-or-flight response, continue to influence your decisions today on the financial markets. Your nature is not particularly well-suited to trading, but you can learn to do it. The human brain is capable of change and development. You can learn the mental prerequisites for brain-compatible trading. With the right mindset, you can recognize and avoid errors before they occur. The innovative discoveries of modern neurofinance research will lead the way to success factors for brain-compatible and, therefore, successful trading