The Psychology of Finance

About the Author Lars Tvede was born in Copenhagen in 1957. He has a Master of Engineering and a Bachelor of Science in Business Administration. Since then he has worked as a derivatives trader, portfolio manager and investment banker. He co-founded The Fantastic Corporation (www fantastic.com), a broadband internet company, in 1996. He is also a director of European Focus (www provalue.ch), a hedge fund. He has authored and co-authored several books including Business Cycles (Harwood Academic Publishers) and Data Broadcasting - the Technology and the Business (John Wiley & Sons). Lars Tvede now lives in Zug, Switzerland with his wife and children.

GREED AND FEAR.The Dark Forces of Time and Ignorance.A Few Practical Terms.THE FOUR TERRIBLE TRUTHS ABOUT FINANCE.The First Rule: The Market Is Ahead.The Second Rule: The Market Is Irrational.The Third Rule: Chaos Reigns.The Fourth Rule: Charts Are Self-fulfilling.THE TREE OF KNOWLEDGE.The Beginning of Psychology.The Major Schools Emerge.Psychology Meets Finance.THE PSYCHOLOGY OF MARKET INFORMATION.The Fastest Game in Town?Smoke without Fire?Little and Big Fish.THE PSYCHOLOGY OF TRENDING MARKETS.Tracing the Monster's Tracks.When the Going Gets Decisive.Catching the Breath and Changing the Mind.Harmony and Resonance.Overbought and Oversold Markets.THE PSYCHOLOGY OF TURNING POINTS.What's Really Going On When a Trend Reverses?Warning Signals for Major Trend Reversals.BEATING THE GUN.Exposure Tactics.Timing Tactics.The Road to Ruin.Appendices.Glossary.References.Index.