Additional information
by Roland Ullrich (Author)
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.
Back Jacket
Get inside your own brain to trade smarter
Financial markets are complex, dynamic, always unpredictable, and can throw anybody for a loop. Trading-Psychology expert Roland Ullrich offers critical advice and proven techniques to help interested traders better understand the markets, with practical takeaways that can be implemented immediately. You'll discover why self-analysis can be better than market analysis, how you can use your unique strengths and weaknesses to beat other traders, and what to do when fear and worry start to creep in. We'll even show you how you can recognize patterns and opportunities others might miss.
Inside...
- Secrets to superior trading
- Staying calm as markets move
- Avoiding decisions based on stress, fear, and biased ideas
- Your trading personality
- Common trading mistakes
- Recognizing when you're overloaded and stepping back
Author Biography
Roland Ullrich has worked for 20 years at investment banks in Frankfurt, London, and New York, including five years on Wall Street. For twelve years now, he has been coaching professional and private traders. He is also advising and lecturing on the topics of trading psychology and brain-friendly stock market strategies.
