Author(s): Colin Nicholson

Business

To master the market we have to learn to master ourselves. Investing and trading involve what the author calls 'serial decision-making'. Every piece of new information causes us to make decisions, whether to buy, sell or do nothing. We make decisions using our mind and it is here that the battle is fought and won or lost, between investment success and failure. The Psychology of Investing is organised into four distinct parts: Know Yourself - How to align your investments and your temperament; In the Avalanche - Psychology of the market; Stretching our Mind - Common biases and errors in decision-making; Catching the Tide - Practical applications of psychology. Reading this book will make you a better investor of trader. The ideas and methods in it will improve your investing and trading decision-making. No prior knowledge of psychology is needed. Everything is explained in Colin Nicholson's clear, simple style. Technical terms and jargon are avoided or clearly explained in plain English.