The Market Edge
Psychology-Driven Strategies for Trading Success
Language: English - ISBN: 9789403747835
£4.69
Synopsis
"The Market Edge" is an essential guide for traders looking to understand and manage the psychological aspects of their trading. The author draws on over two decades of experience as a psychologist to provide a comprehensive framework for diagnosing and managing the psychological aspects of trading.
Trading is not just about buying and selling, but it also involves dealing with a range of emotions, such as fear, greed, and anxiety, that can have a significant impact on trading decisions and outcomes. This book covers topics such as emotional intelligence, cognitive biases, decision-making processes, risk management, and goal-setting.
Each chapter includes diagnostic tools and exercises designed to help traders identify and manage their emotional and cognitive biases, as well as practical strategies for improving their trading performance. With clear explanations and real-world examples, "The Market Edge" is accessible to traders of all levels, from beginners to experienced professionals.
Whether you're a day trader, swing trader, or long-term investor, this book will help you understand the psychological factors that drive your trading decisions and success.
About Alpár Erdős
Alpar Erdos, economist M.D., has over two decades of experience in psychology, specializing in psychosomatics. He was a member of various sport federations and served as an assistant coach for Olympic Games Teams, specifically for cyclists and biathlons. He used medical devices to monitor the human body, assisting athletes in achieving their peak performance and managing stress. In addition, he worked in the oil industry for large international oil companies, contributing to pipeline construction and helping to reduce the human factor in accidents.
After working for more than 20 years as psychologist he learned about Bitcoin and decided to become an economist. He began researching mathematics, the fractal nature of markets, trading, and Elliott Wave Theory. He moved to his favorite place, Mallorca, where he now defines himself as an Elliott Wave Theory developer. He seeks to find new ways and solutions for wave counting and successful trading.