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Forecasting Financial Markets: The Psychology of Successful Investing

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Author(s):Tony. Plummer
Collection:
Publisher: Kogan Page
Year:2006
Langue: English
Pages: pages
Size:10.71 MB
Extension:PDF


[tab] [content title="Summary"] **Forecasting Financial Markets** offers valuable insights into the psychology behind trading behavior, highlighting the potential pitfalls of "following the herd." It emphasizes that success in financial markets largely hinges on the ability to make independent decisions, rather than succumbing to crowd mentality. The book outlines three crucial dimensions for successful trading: 1. **Logical Understanding:** Developing a clear grasp of the forces influencing market movements. 2. **Emotional Management:** Recognizing and neutralizing emotional reactions to market fluctuations. 3. **Investment Process Design:** Creating a trading system that produces objective "buy" or "sell" signals. Incorporating the author’s latest research, this book provides a thorough analysis of market cycles, patterns of economic and financial activity, and demonstrates how to leverage these cycles as effective forecasting tools. [/content] [content title="Content"] [/content] [content title="Author(s)"] [/content] [/tab]


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