This booklet on investment theory, by Flavia Cymbalista, describes how reflexive processes work. Reflexivity, the theory which embraces the lack of fixed references in trading principle, the belief in fallibility. Basically this concept describes how human fallibility as well as various misconceptions and misunderstandings influence an individual's decisions and help shape events and decisions.
This highly detailed dissertation on the various psychological theories which effect the trader and their applicable components in the trading medium, is sure to offer some of interest for even the most experienced trader. As a short tome on trading psychology, it offers a wealth of information in a very descriptive fashion. The author reminds the reader that technical as well as fundamental influences affect the market, and that the stress of trading affects the trader himself. ... download the eBook to read more
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