Trading Psychology Secrets | Australian Sharemarket Education & Investing Mindset Short, SEO-Friendly Description:
Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology
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Introduction
Louise Bedford is the best-selling author of five books on the stock market. She's also a behavioural finance expert with degrees in psychology and business. We start trading because we think things are going to be glorious, she says. Our optimism bias tells us that life will be peachy keen with rainbows and unicorns when we become a trader. This bias makes us overestimate our chances of being a successful trader but it also conveniently sweeps the chance of losses under the carpet. I'm going to take you through why trading psychology is important in this valuable episode of Talking Trading.
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Transcript
