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https://nccur.lib.nccu.edu.tw/handle/140.119/33952
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Title: | 交易實務企劃:法則與心理 |
Authors: | Wang,Edmond |
Contributors: | 周行一 Wang,Edmond |
Keywords: | 交易實務企劃 |
Date: | 2007 |
Issue Date: | 2009-09-17 18:54:00 (UTC+8) |
Abstract: | 交易實務企劃:法則與心理 Abstract
Trading Business Plan : Method and Psychology
By Edmond Wang
More and more people participate in the ever more volatile financial markets of today with the goal of ensuring a more secure financial future. Sadly most people who participate fail to make money in the markets as the system is set up for the majority of the beginner’s to fail. Most people fail because they either do not have a game plan or they succumb to making emotional, non logical decisions.
To have a fighting chance in trading the financial markets, traders need a business plan which lay out specific rules for entries and exits, the plan will address market situation whether it goes up, down or sideways. Success of the trader depends on how disciplined he can be executing the plan faithfully every time. Failure is usually the result of the trader deviating from his plan.
Deviation from the plan or impulse trading is the result of a trader’s emotionality interfering with calm logical trading decision and system execution. Market volatility is caused by the emotions of traders participating. To win in the markets the trader not only need to understand market psychology, he also need to guard against his natural human instinct to join the crowd mentality. As winning traders are the ones who can control their emotion and ego and practice discipline
It is the goal of this thesis to lay out the general components of a trading business plan which any trader can build upon and construct a trading method which best suits his personality. There will be discussion on market psychology which is what causes markets to move, and finally there will be tips and what to watch out for in the trader psychology section, which will aide the trader achieve the goal of practicing discipline in adhering to his trading methodology. |
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Description: | 碩士 國立政治大學 國際經營管理碩士班(IMBA) 94933039 96 |
Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0094933039 |
Data Type: | thesis |
Appears in Collections: | [國際經營管理英語碩士學程IMBA] 學位論文
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