The Psychology of trading | How the way people think can give you an edge
The more I dig around in the psychology of trading and the way people act the more I realise that most peoples reaction to risk or risk assessment is just completely wrong.
I spent years working out how the market works and why it acts the way it does, but I learnt that just models were not good enough, it needed a better explanation and I found that in the psychology of the way people take a risk.