Psychology of finance : understanding the behavioural dynamics of markets / Lars Tvede.
- Rev. ed.
- New York : John Wiley & Sons, 2007.
- viii, 323 p. : ill. ; 24 cm.
- Wiley trading series .
Includes bibliographical references (p. [295]-305) and index. Contents: Pt. I. The Dark Forces of Time and Ignorance. 1. Rational Agents and Real Worlds. 2. A Few Practical Terms Pt. II. The Four Terrible Truths about Finance. 3. The First Rule: The Market Is Ahead. 4. The Second Rule: The Market Is Irrational. 5. The Third Rule: Chaos Reigns. 6. The Fourth Rule: Charts Are Self-fulfilling Pt. III. The Psychology of Man. 7. The Beginning of Psychology. 8. The Major Schools Emerge Pt. IV. The Behaviour of Groups. 9. The Alchemists. 10. Psychology Meets Finance Pt. V. The Psychology of Market Information. 11. The Fastest Game in Town. 12. Smoke without Fire? 13. Little and Big Fish. 14. Frames and Attitudes Pt. VI. The Psychology of Trending Markets. 15. Entering the Staircase. 16. Harmony and Resonance. 17. Meet Mr. Ponzi. 18. Differences between Bull and Bear Markets Pt. VII. The Psychology of Ranging Markets. 19. Doubt and Hesitation. 20. When Markets get Overextended Pt. VIII. The Psychology of Turning Points. 21. What's Really Going On when a Trend Reverses? 22. Warning Signals for Major Trend Reversals Pt. IX. The Psychology of Panics. 23. Tracing the Monster's Tracks. 24. Animal Spirits Pt. X. Beating the Gun. 25. Exposure and Timing. 26. The Road to Ruin App. I. Timeline of General Psychology App. II. Timeline of Economic Psychology App. III. Timeline of Technical Analysis App. IV. List of Historical Financial Crises App. V. Summary of Possible Psychological Phenomena during Trends, Turning Points and Panics Summary:There is one constant factor in the chaos of the markets and that constant is human psychology. In the Psychology of Finance readers are shown how the marketa s characteristics that arise can be interpreted and learnt from. This revised edition contains new examples and updates to charts.