Winning the Mental Game on Wall Street de John Magee

Winning the Mental Game on Wall Street: The Psychology and Philosophy of Successful Investing

John Magee

W.H.C. Bassetti

This book is the new edition of John Magee's classic General Semantics of Wall Street.
An indispensable companion to John Magee's and Robert Edward's classic, Technical Analysis of Stock Trends, Winning the Mental Game on Wall Street covers the mind set, the preconceptions, the false and misleading habits that hinder peak performance. It exhaustively deconstructs the movement of the stock market, shows you how to decipher its behavior, and teaches you its symbolic language or general semantics.
Written by John Magee and edited by W.H. Charles Bassetti, this book prepares you for the mental game on Wall Street. The book re-trains your mind to handle the market skillfully. Magee, arguably the wisest investment advisor in history, leads you toward a common sense mentality and method that virtually assures success in the long run. The secret? Right mind, right habits, right techniques. Through careful study and application of the concepts suggested by Magee, an average investor becomes a highly effective trader. Winning the Mental Game on Wall Street prepares your mind to operate effectively in the financial markets.

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Cuprins

The Big Game. Black Magic. The Villain. The Blind. Out of the Darkness. The Camera. The Primary Receptors. A Starting Point. One-to-One. Of Maps. Dating This Map. Bringing Data Up to Date. The Twenty-Six Lead Soldiers. Maps of Maps. The Pigeonholes. The Labels. Not Quite The Same. Up and Down The Ladder. Similarities and Differences. Beyond the World of Things. The Meanings we Attach to Maps. Maps Without Territories. An Exceedingly Complex Machine. Layers of Awareness. Time Binding. Stop! Look! Listen! Contradictions. Let's Not Be Too Anthropocentric. Sanity Must be Achieved. The Thinking Process. The Vagueness of the High Abstractions. "To Me". Either/Or. The Dangerous Nature of Dichotomy. Three-Valued Orientation. Multi-Valued Systems. Infinite-Valued Systems. The Greeks Had a Phrase For It. Imperfect Information. Why Does It Hurt So Much. Profits Can Be Painful, Too. Predicting the Future. The Method of Prediction. Hunting. Positive Feedback. What is Value? Asking the Right Questions. Two Practical Questions For Everyday. Balderdash, Unlimited. We Can't Get it All. The Truth, the Whole Truth, and Nothing But the Truth. Interlude. Dated Data. "Buy Good, Sound Stocks". "I am Interested Only in Income". "But Still I Insist on my Dividends". Put Them Away in the Box and Forget Them. Dat Ol' Debbil Margin. Not Just a Market of Stocks. Correlations and Causes. The "Fundamentals". Accrued VS Realized. Up is Better Than Down. The Up-and-Down of It. Politics and Economics. A Variety of Devices. Can Any Man Predict the Future? The Method of Evaluation. Building the Method. The Method is Built From the Bare Bones. Putting the Method to Work. Habit Can Be a Pitfall. Chain and Flash Reactions. Numbers Can Be a Pitfall. The Wonderful Curves. Losses Can Be Pitfalls. Profits Can Be Pitfalls. Common Sense Can be a Pitfall. The Pig Watchers. The Limits of Prediction. Is the Market a Game? The Purely Mathematical Odds. The Strategy of Your Opponent. The Payoff. Fractionizing VS Maximizing. Accentuate the Negative. Net Long-Term Gains. Index.

Descriere

An indispensable companion to Technical Analysis of Stock Trends, Winning the Mental Game on Wall Street covers the mind set, the preconceptions, the false and misleading habits that hinder peak performance. Magee, arguably the wisest investment advisor in history, provides a common sense mentality and method that virtually assures success in the long run. Through careful study and application of the concepts suggested in this book, an average investor becomes a highly effective trader. This is the new edition of Magee's General Semantics of Wall Street.