Disciplined Online Investor: A Guide for Day Traders and Short-term Speculators - Hardcover

Hendlin, Steven

 
9780071359948: Disciplined Online Investor: A Guide for Day Traders and Short-term Speculators

Inhaltsangabe

This work focuses on the psychology of online trading and investing. Issues are discussed such as: the best way to handle raw emotions when trading; the best process for decision making; and the best way to manage the information flow, using a polarities framework to balance opposite thinking. As traders rush to trade online and leave the old buy-and-hold philosophy behind, it is becoming increasingly imperative for these new traders to understand the mental and emotional aspects of this new and fast-paced trading, which can take a trader on a roller coaster ride of ups and downs in a single day. As investors actively trade online, they must learn to handle the welter of thoughts and emotions that arise throughout the trading day and even after the markets close. This work examines these areas,using examples to elucidate key points.

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Reseña del editor

This work focuses on the psychology of online trading and investing. Issues are discussed such as: the best way to handle raw emotions when trading; the best process for decision making; and the best way to manage the information flow, using a polarities framework to balance opposite thinking. As traders rush to trade online and leave the old buy-and-hold philosophy behind, it is becoming increasingly imperative for these new traders to understand the mental and emotional aspects of this new and fast-paced trading, which can take a trader on a roller coaster ride of ups and downs in a single day. As investors actively trade online, they must learn to handle the welter of thoughts and emotions that arise throughout the trading day and even after the markets close. This work examines these areas,using examples to elucidate key points.

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