Description
John Wiley & Sons Inc Investment Psychology Explained by Martin J. Pring
Expert advice in a backtobasics handbook on how to beat the marketthe classic way In Investment Psychology Explained Martin J. Pring one of the most respected independent investment advisors in the world argues that in the revisionist 90s there are no quick magical paths to market success. Rather he emphasizes the timeless values of hard work patience and selfdisciplineand much more.
Drawing on the wisdom of creative investors such as Jesse Livermore Humphrey Neill and Barnard Baruch as well as his own experience Pring shows how to: Overcome emotional and psychological impediments that distort decision making Map out an independent investment planand stick to it Know when to buck herd opinionand go contrarian Dispense with the myths and delusions that drag down other investors Resist the fads and socalled experts whose siren call to success can lead to disaster Exploit fastbreaking news events that rock the market Deal skillfully with brokers and money managers Learn and understand the rules that separate the truly great investors and traders from the rest Reading Investment Psychology Explained will give you a renewed appreciation of the classic trading principles that through bull and bear markets have worked time and again. Youll see with the help of numerous illustrative examples what goes into making an effective investorand how you can work toward achieving that successful profile.