Forecasting Financial Markets: The Psychology of Successful Investing
| Author | : | |
| Rating | : | 4.15 (723 Votes) |
| Asin | : | 074945637X |
| Format Type | : | paperback |
| Number of Pages | : | 384 Pages |
| Publish Date | : | 2015-05-26 |
| Language | : | English |
DESCRIPTION:
It demonstrates how one's ability to make money in the world's financial markets depends critically on an ability to make decisions independently of the crowd. Tony Plummer details the three dimensions essential to achieve successful trading, including an ability to understand the forces at work in logical terms, recognize (and neutralize) any emotional responses to market fluctuations, and design an investment process or trading system that generates objective "buy" or "sell" signals. Taking the author's latest research into account, this book provides an in-depth assessment of the phenomenon of cycles, patterns of economic and financial activity, and how to use cycles as a forecasting tool. It includes Plummer's forecasts for when the global economy wi
"A fine, well-detailed introduction to investment psychology Investment and business libraries at the college level will find this a fine classroom supplement." - The Midwest Book Review
"Nonsense" according to Husam Abu-Haimed. This book is just an incoherent collection of fancy words and phrases (like crowd psychology, feedback systems, fractals, etc). The book is supposed to show the scientific basis behind technical analysis. But, the reasoning (or lack thereof) is mediocre at best. I got the feeling that the author wants the book to so. Not helpful at all. Believe it or not, I got to re-read the Foreword and the Introduction to check whether the objective of the book is that of the book title. I must praise the publisher for being able to get the endorsement from Financial Times, The Independent, Futures Magazine and even a Sir in the back cover. However, I really dou. in depth understanding of financial markets This book is a masterpiece.It explains the WHYs of financial markets. Why do greed and fear drive prices? Why is it so hard to escape them? Why does Fiboncacci retracements work? Why does history repeat itself?If you are concerned with the HOWs, skip the book.If you are a beginner, skip the book.If you are ready to