Investing Psychology Chapter 6: How to Fix Your Brain (Part 1)
We’ve spent the last five chapters talking about how biased we are. Now it’s time for the “how-to” part. How do we actually fix these mental glitches?
We’ve spent the last five chapters talking about how biased we are. Now it’s time for the “how-to” part. How do we actually fix these mental glitches?
Book: Financial Markets and Institutions, 11th Edition Author: Jeff Madura Publisher: Cengage Learning, 2015 Series: Chapter 12 Review
Most people think buying a stock is simple. You click a button and it happens. Chapter 12 pulls back the curtain on what actually goes on between that click and the execution. It covers order types, margin trading, short selling, the role of market makers, electronic trading, and the regulations that try to keep everything fair.