Whether you're up or down at the moment, one fact remains: the stock market is actually 75% psychological and only 25% financial. THE PSYCHOLOGY OF THE STOCK MARKET: Human Impulses Lead To Speculative Disasters is a brief, but fascinating guide about what really influences the way the financial markets behave. Author G.C. Selden examines how to stay emotionally neutral in making investment decisions whether you're buying or selling - and how financial markets are driven by deep-rooted emotions such as fear, greed, and panic. Paying particular attention to the role that investor psychology plays in the movement of the market and individual stocks, THE PSYCHOLOGY OF THE STOCK MARKET is full of investment advice and unaffected wisdom, which remain relevant in today's marketplace.

THE PSYCHOLOGY OF THE STOCK MARKET: Human Impulses Lead To Speculative Disasters is a brief, but fascinating guide about what really influences the way the financial markets behave.

Here is the top five principles of the book in summary:

1. Your main purpose must be to keep the mind clear and well balanced.Hence, do not act hastily on apparently sensational information;do not trade so heavily as to become anxious; and do not permit yourself to be influenced by your position in the market.

2. Act on your own own judgement, or else act absolutely and entirely on the judgement of another, regardless of your own opinion."To many cooks spoil the broth."

3. When in doubt, keep out of the market. Delays cost less than losses.

4. Endeavor to catch the trend of sentiment.Even if you should be temporarily against fundamental conditions, it is nevertheless unprofitable to oppose it.

5. The greatest fault of ninety-nine percent out of one hundred active traders is being bullish at high prices and bearish at low prices. Therefore, refuse to follow the market beyond what you consider a reasonable climax, no matter how large the possible profits that you may appear to be losing by inaction.

This Is A New Release Of The Original 1912 Edition.

This Is A New Release Of The Original 1912 Edition.

Though written in 1912, The Psychology of the Stock Market is short, brilliant, and still dead on. The principles in this book could have resulted in great returns during twentieth century and stopped a lot of the losses in 1929 and 2000. In this book, G. C. Seldon counsels stockmarket investors to keep the mind clear and balanced so as to avoid acting hastily on sensational information. He advises against trading so heavily as to cause anxiety. Permitting oneself to be influenced by market position is also taboo. Selden holds that "too many cooks spoil the broth," therefore investors should act either solely on their own judgment, or absolutely and entirely on the judgment of another-regardless of the investor's opinion. When in doubt, keep out of the market. Delays are less costly than losses. Investors should try to catch the trend of a sentiment. Even if the trend is temporarily against fundamental conditions, it will still be unprofitable to oppose it. According to Selden, the greatest fault of ninety-nine percent out of one hundred active traders is being bullish at high prices and bearish at low prices. Selden advises investors not to follow the market beyond a reasonable climax, no matter how large the possible profits potentially lost by inaction may be. Though a hundred years have passed since Selden first penned this book, human DNA has not changed. Fear greed, hope and despair continue to be key elements in everything that we do-including stock market investing. There are so many quotable phrases in this book. Foundational to everything is this one: "Probably no better general rule can be laid down than the brief one, 'Stick to common sense.' Maintain a balanced, receptive mind and avoid abstruse deductions."

2012 Reprint of 1919 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. A groundbreaking study of investment psychology. When this book was originally published in 1912, Selden's idea that "movements of prices on the exchanges are dependent to a very considerable degree on the mental attitude of the investing and trading public" was still a novel notion. It is now an established fact. Though published in 1912, Selden's book could have been written yesterday. This makes complete sense, as the main topic - human psychology - has not changed at all in the past century.

This scarce antiquarian book is a selection from Kessinger Publishing's Legacy Reprint Series. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment to protecting, preserving, and promoting the world's literature. Kessinger Publishing is the place to find hundreds of thousands of rare and hard-to-find books with something of interest for everyone!

This scarce antiquarian book is a selection from Kessinger Publishing's Legacy Reprint Series. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment to protecting, preserving, and promoting the world's literature. Kessinger Publishing is the place to find hundreds of thousands of rare and hard-to-find books with something of interest for everyone!

"The Psychology of the Stock Market" by G. C. Selden, though written more than 100 years ago, is still dead on. Whether you are buying or selling, Selden explains how to remain emotionally neutral when making investment decisions. He also explains how financial markets are driven by deep-rooted emotions such as fear, greed, and panic, with particular attention to the role that investor psychology plays in the movement of the market and individual stocks. In this small but extremely helpful book, Selden explains how stock market investing is really 75% psychological and only 25% financial. In this fascinating guide about what really influences the way the financial markets behave, Selden also explains how human impulses lead to speculative disasters. "The Psychology of the Stock Market" is full of investment advice and unaffected wisdom which remains relevant in today's marketplace.

THE PSYCHOLOGY OF THE STOCK MARKET: Human Impulses Lead To Speculative Disasters is a brief, but fascinating guide about what really influences the way the financial markets behave.

Here is the top five principles of the book in summary:

1. Your main purpose must be to keep the mind clear and well balanced.Hence, do not act hastily on apparently sensational information; do not trade so heavily as to become anxious; and do not permit yourself to be influenced by your position in the market.

2. Act on your own own judgement, or else act absolutely and entirely on the judgement of another, regardless of your own opinion."To many cooks spoil the broth."

3. When in doubt, keep out of the market. Delays cost less than losses.

4. Endeavor to catch the trend of sentiment.Even if you should be temporarily against fundamental conditions, it is nevertheless unprofitable to oppose it.

5. The greatest fault of ninety-nine percent out of one hundred active traders is being bullish at high prices a bearish at low prices. Therefore, refuse to follow the market beyond what you consider a reasonable climax, no matter how large the possible profits that you may appear to be losing by inaction.

THE PSYCHOLOGY OF THE STOCK MARKET: Human Impulses Lead To Speculative Disasters is a brief, but fascinating guide about what really influences the way the financial markets behave.

Here is the top five principles of the book in summary:

1. Your main purpose must be to keep the mind clear and well balanced.Hence, do not act hastily on apparently sensational information;do not trade so heavily as to become anxious; and do not permit yourself to be influenced by your position in the market.

2. Act on your own own judgement, or else act absolutely and entirely on the judgement of another, regardless of your own opinion."To many cooks spoil the broth."

3. When in doubt, keep out of the market. Delays cost less than losses.

4. Endeavor to catch the trend of sentiment.Even if you should be temporarily against fundamental conditions, it is nevertheless unprofitable to oppose it.

5. The greatest fault of ninety-nine percent out of one hundred active traders is being bullish at high prices and bearish at low prices. Therefore, refuse to follow the market beyond what you consider a reasonable climax, no matter how large the possible profits that you may appear to be losing by inaction.

Whether you're up or down at the moment, one fact remains: the stock market is actually 75% psychological and only 25% financial. THE PSYCHOLOGY OF THE STOCK MARKET: Human Impulses Lead To Speculative Disasters is a brief, but fascinating guide about what really influences the way the financial markets behave. Author G.C. Selden examines how to stay emotionally neutral in making investment decisions whether you're buying or selling - and how financial markets are driven by deep-rooted emotions such as fear, greed, and panic. Paying particular attention to the role that investor psychology plays in the movement of the market and individual stocks, THE PSYCHOLOGY OF THE STOCK MARKET is full of investment advice and unaffected wisdom, which remain relevant in today's marketplace.

Originally published in 1919, A Century Of Prices outlines the central controlling principles of business and finance in the straightforward fashion of one businessman talking to another. The well-developed analyses included in this book, which first appeared in The Magazine of Wall Street, were widely commented upon not only for their unusual originality, but also for the practical manner of the principles presented. During the first years of the 20th Century, Theodore E. Burton was one of the world's leading authorities on prices and their relation to economic and financial conditions, and G.C. Selden was internationally known for his keen and thorough analyses of the effects of economic factors on business and investments.

Whether you're up or down at the moment, one fact remains: the stock market is actually 75% psychological and only 25% financial. THE PSYCHOLOGY OF THE STOCK MARKET: Human Impulses Lead To Speculative Disasters is a brief, but fascinating guide about what really influences the way the financial markets behave. Author G.C. Selden examines how to stay emotionally neutral in making investment decisions whether you're buying or selling - and how financial markets are driven by deep-rooted emotions such as fear, greed, and panic. Paying particular attention to the role that investor psychology plays in the movement of the market and individual stocks, THE PSYCHOLOGY OF THE STOCK MARKET is full of investment advice and unaffected wisdom, which remain relevant in today's marketplace.