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.

3 comments:

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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