Psychology of Finance

What will the price of dollars be tomorrow? How will the stock market behave in the next few months? Is oil going to rise? Price movements have always fascinated investors and economists, but analyses of economic trends explain only a part of the phenomenon. According to the author, some of the mechanisms creating these movements are rational and intelligent, others are ridiculous and absurd. The Psychology of Finance deals with the aspects of stock trading which are usually shrouded in mystery. It offers new and startling insights into the psychology of the market, how the market's behavioral patterns arise, and how we can learn to read them. Among the questions discussed are the occurrence of feedback loops and chaos phenomena; the development and destruction of financial liquidity; attitude mechanisms and how they influence decisions and price patterns; and how and why collective panic can develop.Tvede, Lars is the author of 'Psychology of Finance' with ISBN 9788200027720 and ISBN 8200027724.