Trading Psychology

The key difference between successful and struggling traders is how they react to their wins and losses. This chapter teaches us all about how psychology influences trading decisions.

Can only a perfect strategy make you a successful trader? Let's find out in this chapter

Mass psychology, often known as crowd psychology, studies how big groups of people can affect behaviour. In the stock market, for instance, an extended rally in stocks or indices can be the result of such a mass force.

Traders encounter a variety of emotional biases during trading, including greed, fear, hope, exhilaration, and panic. In this chapter, we try and understand how to counter them to make wise decisions.

Price discovery in the financial markets is the result of greed and fear. Let's understand how these emotions can impact trade and how to tackle them.

In this concluding chapter, we summarize the key learnings from Espresso Bootcamp. We discuss the importance of diversifying investments between trading and investing, and looked at different approaches to direct stock investing. We also discussed the risks associated with trading, and the importance of developing a disciplined trading style