Psychology of the stock market

von G. C Selden

50 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

Why do markets rise on confidence, fall on fear and so often confound the people trying to anticipate them? This analytical treatise enters the psychological machinery of speculation, examining how investors, professional traders and the wider public help shape stock-price fluctuations. Hope, suspicion, obstinacy and shifting conviction are treated not as incidental emotions, but as forces that can influence judgement and trading results. Market behaviour emerges here as a recurring speculative cycle, moving through periods of dullness, advance, boom, panic, decline and renewed accumulation. Rather than reducing every movement to sentiment, the analysis distinguishes short-term psychological changes from broader shifts rooted in financial and business conditions. Discussions of public opinion, inverted reasoning and the market's tendency to discount future expectations reveal how apparently rational decisions can become entangled with collective assumptions. Practical questions sharpen the enquiry: how should a trader respond when prevailing opinion seems irresistible, and how can common sense survive amid uncertainty? Considerations of scale orders, boom-and-panic conditions and the individual trader's mental attitude connect market psychology with the discipline of decision-making. Set among stock exchanges, brokerage offices and speculative markets, the work combines practical guidance with an early systematic approach to investor behaviour, insisting on balanced judgement where certainty is impossible. This book was out of print for decades and is now republished by Alpha Editions. It has been restored for today's and future generations. This edition is not just a reprint - it's a collector's item and a cultural treasure.

• ISBN: 9789377788339
• Sprache: Englisch
• Erscheinungsdatum: 01.12.2026
• Größe: 229 x 152 mm
• Verlag: Alpha Edition