Wednesday, May 11, 2016

Psychological obstacles of trading

I have categorized the often-identified psychological obstacles of trading into the following categories:
2. Effects of the Ego – The Need to be Right 
3. Impact of the "Law of Small Numbers" 
4. Opinions of the Majority – "There's safety in numbers" 
5. The Appeal of Sophistication 
6. Excessive Need for Understanding
7. Excessive Pattern Recognition
8. Greed & Hope
9. Misplaced Optimism
10. Fascination with Predictions
11. Illusion of Control
I would like to explain all the point in my upcoming book.


Deba Sheesh said...

Thank you for your great post. It's really very informative and really helpful. Please Keep posting. Thanks again.
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