Читать книгу Psychological Analysis - Adam Sarhan - Страница 2
Table of Contents
Оглавление1 Cover
5 Foreword
6 Prologue: You Deserve to Win and Be Rich SIMPLE BUT NOT EASY TWO TYPES OF MONEY YOUR BIGGEST OBSTACLE ACTIVATING YOUR SMART MONEY SUPERHERO THE FOCUS IS ON WALL STREET
10 CHAPTER 1: How to Think Like the Top 1% ENTREPRENEURIAL SPIRIT AN INVESTOR IS BORN MARKET TUITION THE ALLURE OF SPECULATION TAKING CONTROL
11 CHAPTER 2: Why You Aren't Beating the Market HOW I ACCIDENTLY STUMBLED ON MY SECRET WEAPON: PSYCHOLOGY PAPER TRADING BEATING THE MARKET ONE IDEA, PROPERLY EXECUTED PAIN AND PLEASURE PSYCHOLOGY OF SUCCESS SMART MONEY VERSUS DUMB MONEY THE INDESCRIBABLE QUALITY OF HUMAN NATURE
12 CHAPTER 3: The One Question You Need to Ask Before Getting Started ARE YOU AN INVESTOR OR A TRADER? WHAT IS “THE MARKET”? MARKET LEXICON THE (GREAT) AMERICAN TAILWIND MAKE THE TREND YOUR FRIEND INVESTING VERSUS TRADING TYPES OF INVESTORS SPECULATORS PROFITS ARE A FUNCTION OF TIME OPERATIONAL TIME FRAMES PICK YOUR TIME FRAME: SHORT, INTERMEDIATE, OR LONG TERM FUNDAMENTAL AND TECHNICAL ANALYSIS THE ANATOMY OF A TRADER
13 CHAPTER 4: How to Use Fundamental Analysis Like a Pro FUNDAMENTAL ANALYSIS 101 VALUE VERSUS PRICE FUNDAMENTAL INDICATORS OF VALUE THE TROUBLE WITH FUNDAMENTAL INDICATORS CONFUSING NUMBERS AND CREATIVE ACCOUNTING STRONG FUNDAMENTALS? SO WHAT? THE MARKET IS A FORWARD‐LOOKING APPARATUS THE VALUE INVESTOR'S LONG‐TERM BET ANOTHER WAY OF DEFINING PRICE
14 CHAPTER 5: How to Use Technical Analysis Like a Pro WHAT IS TECHNICAL ANALYSIS? NAVIGATING THE AMERICAN TAILWIND BRIEF HISTORY OF TECHNICAL ANALYSIS DISCRETIONARY VERSUS SYSTEMATIC TRADING READING CHARTS FINDING PATTERNS IN STOCK CHARTS STAGE ANALYSIS: FOUR STAGES TRENDLINES—CONNECTING DOTS MOVING AVERAGES—SMOOTHING OUT PRICE ACTION FAST‐ AND SLOW‐MOVING AVERAGES SLOPE VOLUME TIGHT ACTION IDENTIFYING TOPS AND BOTTOMS EXPECT PULLBACKS AND CORRECTIONS; DON'T FEAR THEM TECHNICAL ANALYSIS IS MORE OF AN ART THAN A SCIENCE
15 CHAPTER 6: How to Develop a Winning Strategy That Beats the Market DEVELOP YOUR STRATEGY THREE DIRECTIONS THREE ACTIONS WHAT TO BUY SUPPORT AND RESISTANCE BREAKOUTS AND BREAKDOWNS ADVANCED ENTRY POINTS HOW TO BUY THE DIP—AFTER THE BOUNCE RISK AND REWARD DEVELOPING YOUR OWN STRATEGY PEOPLE LOVE STRUCTURE: DEVELOP RULES AND GUIDELINES RULES VERSUS GUIDELINES FIND YOUR EDGE AND EXPLOIT IT ARBITRAGE CREATE A PLAN, THEN TRADE YOUR PLAN KEEP IT SIMPLE THE A.M.P.D. INVESTMENT SYSTEM
16 CHAPTER 7: Psychological Analysis FIX YOUR MIND, FIX YOUR LIFE: CREATE A HEALTHY MINDSET AND OVERCOME A TOXIC ONE MENTAL CAPITAL HUMAN NATURE IS CONSTANT PAIN AND PLEASURE EMOTIONS ASSOCIATED WITH PAIN AND PLEASURE BREAKING OUT
17 CHAPTER 8: Master Your Mental State and Your Life Will Change YOUR RELATIONSHIP WITH MONEY UNDERSTANDING YOUR MENTAL STATE CONTROLLING YOUR INPUTS CONTROL YOUR FOCUS KEEP IT SIMPLE CONTROL YOUR DESIRES OR YOUR DESIRES WILL CONTROL YOU KNOW—AND MASTER—THYSELF MAKING GREAT DECISIONS
18 CHAPTER 9: How to Make Smarter Decisions GOOD VERSUS EVIL: SMART MONEY VERSUS DUMB MONEY THE DANGER OF EMOTIONAL LOGIC STUDY THE CROWD RETAIL VERSUS INSTITUTIONAL INVESTORS “THEY” WHO? ANALYZE THREE SIDES THEY (DON'T) WANT YOU TO LOSE THINK CLEARLY (A.K.A. ACCURATELY)
19 CHAPTER 10: What's Holding You Back? WHAT ARE MENTAL WALLS? A NEW WAY TO LOOK AT WEALTH MENTAL WALLS COGNITIVE BIASES BIASED THINKING: (DON'T BE) FOOLED BY RANDOMNESS OR THE EFFICIENT MARKET HYPOTHESIS THEORY STOP (OR LIMIT) YOUR BIASED THINKING
20 CHAPTER 11: Create a Smarter You with an Unbiased Mind ANCHORING CONFIRMATION BIAS IRRATIONAL ESCALATION BIAS CONSERVATISM BIAS HYPERBOLIC DISCOUNTING ILLUSION OF CONTROL INFORMATION BIAS NEGLECT OF PROBABILITY POST‐PURCHASE RATIONALIZATION STATUS QUO BIAS WISHFUL THINKING BIAS RISK AVERSION FRAMING BIAS DISPOSITION EFFECT DENIAL OUTCOME BIAS RECENCY BIAS HASTY GENERALIZATION GROUPTHINK HALO EFFECT PERSONAL BLIND SPOT BIAS
21 CHAPTER 12: Ever Hit a Wall? Destroy It and Master the Learning Cycle A WALK THROUGH ROCK CREEK PARK EGO FEAR PAIN SHORT‐TERM THINKING ADULTING WALL (OVERCOMING CHILDISH BEHAVIOR) LACK OF VISION WALL OTHER DUMB MONEY WALLS IDENTIFY YOUR WALLS AND DESTROY THEM
22 CHAPTER 13: The Most Important Skill to Master on Wall Street ALWAYS RESPECT RISK BASIC RISK MITIGATION STRATEGY WIN RATE (KNOW THE STATS) WHY WE CUT AND RUN FROM LOSERS ALWAYS REDUCE, NEVER INCREASE, RISK OTHER TYPES OF RISK LEVERAGE PSYCHOLOGICAL ANALYSIS
23 CHAPTER 14: What Happens Next THE RIGHT SIDE OF THE CHART—THE ONLY PLACE TO MAKE MONEY NAVIGATING THE UNKNOWN THE UNPREDICTABILITY OF MARKETS THE SMART MONEY LOOKS FORWARD FORGIVE AND MOVE FORWARD STOP TRYING TO PREDICT MARKET ACTION (INSTEAD LEARN TO EXPECT IT) DEVELOPING YOUR OWN WAY FORWARD TRADE IN THE NOW
24 CHAPTER 15: Welcome to the Smart Money Circle START SMALL AND SCALE SLOWLY THE LEARNING CYCLE THE TRADER'S HIERARCHY OF SUCCESS SEVEN TRADING PERSONALITIES PARTING THOUGHTS
25 Epilogue: It's Time to Become Rich ADAM'S QUICK TRADING GUIDE ENTRIES AND EXITS: BUY AND SELL GUIDELINES BUY THE BOUNCE AFTER THE DIP EXITS: BUY AND SELL GUIDELINES DRAWDOWNS ADAM'S SMART MONEY SECRETS
26 Bibliography BOOKS MOVIES
27 Index
