The Investor's Quotient The Psychology of Successful Investing in Commodities & Stocks

by Bernstein, Jake

• ISBN13: 9780471558767
• ISBN10: 0471558761
• Edition: 2nd
• Format: Hardcover
• Copyright: 1993-08-30
• Publisher: Wiley

Summary

Praise for the classic guide to gaining a psychological advantage in investment and trading "The Investor's Quotient is destined to go down in history as the ultimate book on investor psychology . . . it explains the psychology of a trader in clear and simple English . . . and it teaches highly effective methods designed to improve the bottom line . . ."-Larry Williams, author Long-Term Secrets to Short-Term Trading "The Investor's Quotient is a welcome breath of fresh air in what has been a too-long-avoided subject-the psychological reasons why some people win and most others lose in the commodity markets. More than that, Jake Bernstein proves in this book he is an excellent teacher, and clearly and candidly shows how greater knowledge of yourself can become your most effective trading tool. It's a must for every trader's library."-Leon Rose, Publisher Newsletter and Managed Account Reports "Should be required reading for all traders and investors. It has helped immeasurably through the years . . . I'd be lost without it."-Don Sarno, Former Director Commodities Educational Institute "This is the classic book on investor psychology. It has paved the way to a new era of investor success and self-confidence . . ."-Steve Moore Moore Research Center ". . . convincing . . . This thoroughgoing manual should help impulsive investors save money."-Publishers Weekly For updates on new and bestselling Wiley finance books: wiley.com/wbns

Author Biography

About the author JAKE BERNSTEIN is President of MBH Commodity Advisors, Inc. and publisher of the MBH Weekly Commodity Letter, a newsletter read internationally by those who must keep abreast of market trends and issues. A frequent lecturer and contributor to professional publications, he is also the author of 27 books including Beyond the Investor’s Quotient, Jake Bernstein’s Seasonal Futures Spreads, and Jake Bernstein’s New Guide to Inventing in Metals.

Table of Contents

My Story	1	(12)
Many Markets---Many Similarities	13	(8)
Psychology and the Markets: Similarities and Differences	21	(10)
Psychoanalytic Theory---Do Childhood Experiences Affect Behavior?	31	(9)
Learning Theory: Is All Learning Stimulus-Response?	40	(11)
The Response Sector	51	(7)
The Consequences of Behavior	58	(11)
The Discovery Process---How to Know Yourself	69	(10)
How to Rectify Trading Errors	79	(13)
Further Details on Dealing with Trading Problems	92	(6)
Scheduling and Self-Discipline	98	(6)
The Importance of Trading with the Trend	104	(10)
The Role of Advisory Services	114	(9)
Is This You?	123	(5)
Can a Positive Mental Attitude Facilitate Consistent Success?	128	(7)
The Broker-Client Relationship	135	(9)
Putting It All Together---Where You Fit	144	(7)
Social Psychology and the Markets	151	(13)
Some Psychological Trading Rules	164	(4)
The Perceptual Factor	168	(12)
Subliminal Perception---Response without Awareness	180	(15)
Minimize Stress---Maximize Health and Profits	195	(8)
Often-Asked Questions	203	(20)
Sex and the Markets: Fact or Fantasy	223	(7)
Using Psychology to Maximize Investment Success	230	(3)
Writings of the Masters: Study History to Learn about the Future	233	(6)
Creative Visualization and Guided Imagery	239	(11)
Overcome Your Worst Fears: How Psychology Facilitates Success	250	(9)
Why Too Many Traders and Investors Lose	259	(5)
Modeling the Behavior of Successful Traders	264	(4)
Facing the Challenges of Today's and Tomorrow's Markets	268	(4)
Some Closing Thoughts: Facing the Challenges of Today and Tomorrow	272	(4)
Bibliography	276	(3)
Overview of ``Trading Masters''	279	(8)
Index	287