Description
About The Book : “This book is based upon the belief that the movements of prices on the exchanges are dependent to a very large degree on the mental attitude of the investing and trading public.” The long term movement in prices is due to changing financial conditions. Short term movements are due to the changing state of the public’s mind. Two views on the psychology of speculation: What effect do different public attitudes have on price movements? How is the market influenced by these psychological conditions? How does a trader’s changing attitudes affect their chance of success? How can a trader overcome the self-imposed obstacles created through hope, fear, timidity, and obstinance?.
