{"product_id":"financial-risk-taking","title":"Financial Risk Taking","description":"In Financial Risk Taking, trader and psychologist Mike Elvin explores the complex relationship between human behaviour patterns and the markets, offering the reader a context in which to assess their own strengths and weaknesses as investors. The book offers an apposite and uncomplicated system of skills development in the form of competences and competencies that can be applied anywhere along the continuum from casual investor to full-time day trader. Elvin presents a Comprehensive Model of Trading Competence (the MOT) as well as the concepts of analysis and refutation, the paramouncy principle, and self-sabotaging behaviours such as the Santa Claus syndrome and Bohica effect.  \u003cp\u003e\u003cb\u003eAreas covered include: \u003c\/b\u003e\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eEmotions - are they functional or disabling? How do the mechanisms of fear, greed and panic work?\u003c\/li\u003e\n\u003cli\u003eMotivation and perception - how do belief paradigms affect perception and performance?\u003c\/li\u003e\n\u003cli\u003eWhat perceptual errors influence decisions to the trader's detriment?\u003c\/li\u003e\n\u003cli\u003eInformation processing and risk assessment - how does information overload affect Stress How does stress affect investment decisions?\u003c\/li\u003e\n\u003cli\u003eTechnological and mathematical anxiety - why do we avoid learning the skills we most need? What levels of ability are required?\u003c\/li\u003e\n\u003cli\u003eCan psychological and biological theories assist in our understanding of investors' performance?\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e \u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54241502822744,"sku":"9780470850268","price":75.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780470850268_3c1db9ef-8aa7-4de4-9da9-d2843e147c13.jpg?v=1778580929","url":"https:\/\/agendabookshop.com\/products\/financial-risk-taking","provider":"Agenda Bookshop","version":"1.0","type":"link"}