The Inner Game of Trading: Creating the Winner's State of Mind - Couverture souple

Koppel, Robert

 
9780786311897: The Inner Game of Trading: Creating the Winner's State of Mind

Synopsis

Putting money at risk in the markets exposes every trader to fear, greed and a host of other destructive emotions. For the first time ever in paperback, The Inner Game of Trading shows the reader how to master the psychological skills that are essential to successful trading. It is an insightful, colourful book that reflects the collective wisdom of the best traders in the business.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de la quatrième de couverture

Business today operates in a world of major change. Economies, commerce and lifestyles are constantly shifting but it is the information revolution which will proud the most radical since its agricultural and industrial counterparts. It cannot be constrained by borders but is simultaneously reaching across the world.

In this environment, the techniques for planning business over the past decades are no longer sufficient. Forecasts based on current trends, or estimates of growth based on history are in danger of becoming obsolete all too quickly. The idea in the early days of mainframe computers that 'every major country will need one' demonstrates how uncertain the future can really be.

The scenario planning techniques described in this book will enable anyone to think about uncertainty in a structured way. Key features are :

* detailed 'how to' look for early indicators of directions, and identify possible courses of action for those new to scenarios.

* extensive case studies, including ICL, British Airways and United Distillers.

* includes 'do' as well as 'do not' examples to aid practitioners ; tells you what works when and why.

* takes a conceptual, rather than a mathematical approach.

The overall message of this book is that scenarios are not predictions or forecasts, but they are powerful weapons in managing the uncertainties of the future.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.