Investment Psychology Explained: Classic Strategies to Beat the Markets
Author: Martin J. Pring
List Price: $24.95
Our Price: Click to see the latest and low price
ISBN: 0471133000
Publisher: John Wiley & Sons (20 October, 1995)
Sales Rank: 29,099
Average Customer Rating: 3.78 out of 5
Customer Reviews
Rating: 3 out of 5
Valid info, but dry
This book was required reading for a course I am taking, so maybe I remembered how I felt when I had to read "Silas Marner" in high school english. I found the book contained valid points about the psychology of trading which would be helpful to someone who was just entering the world of trading, but it seemed very dry reading to me, and repetitive. Much of it was rules for trading taken from other peoples books, and after awhile you got the feeling that you had just finished reading these rules, several times. I am currently reading "The Mind of a Trader" by Alpesh Patel, which is a similar type book (and also required reading), but somehow more readable.
Rating: 4 out of 5
many useful hints
Many people, including me, discovered the psychology is the most important part for good trading. This book pointed out many commone mistakes traders often made and many pitfalls to avoid. I found some materials in this book were quite similar to the Elder's Trading for a living. Because I read Elder's book before this one so I found it was less informative than I expected. But if you didn't read any other books about investment psychology, you could still learn a lot from this one. The price is cheap and Pring's style is lucid. A good choice!
Rating: 5 out of 5
A solid introduction for beginners
This book provides an excellent starting point for anyone interested in investing from a market psychology point of view. The author describes the impact of company announcements, mergers and world events on the market and how an investor can take advantage of these situations. The author also informs the reader how to evaluate his own psychology and design a winning investment strategy based on his own needs. Similar Products
Trading Systems and Methods
Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications
Study Guide for Technical Analysis Explained : The Successful Investor's Guide to Spotting Investment Trends and Turning Points
Technical Analysis Explained : The Successful Investor's Guide to Spotting Investment Trends and Turning Points
Japanese Candlestick Charting - Second Edition
Book Index