The psychology of the Forex market

Author: Thomas Oberlechner
English.: The Psychology of the Foreign Exchange Market
Sync by honeybunny: Natalya Zaporovich
The company: Alpari

Publisher: Omega-L, 2005.
Softcover, 328 pp.
ISBN 5-98119-595-9,978-5-9791-0107-1
Format: 60×90/16 (~145x217 mm)

FROM THE PUBLISHER OF THE FOREX BOOK

This book is a fascinating insight into the decisions that determine exchange rates. It sheds light on the psychology behind spectacular market events and the subconscious processes involved in making daily trading decisions.

В своем увлекательном анализе исследований различных ведущих мировых участников рынков, Томас Оберлехнер использует полученную из первых рук экспертную оценку профессионалов, чьи решения формируют рынок. Расширяя область бихевиоризма в финансовой сфере, книга включает в себя новые взгляды на рынок с различных психологических ракурсов – начиная от social market dynamics, the role of affect and intuition in making trading decisions, traders' cognitive biases, the phenomenon of psychological risk-taking, subjective relationships in market expectations, interdependence relationships between trading institutions and financial information dissemination media, dynamics, market rumors and personal characteristics of successful tradersto the role of metaphors in the decisions of participants and the nature of the market.

It is intended for a wide range of readers interested in investment issues, trading and the functioning of modern financial markets.