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Financial Risk Taking: An Introduction to the Psychology of Trading and Behavioral Finance
Financial Risk Taking: An Introduction to the Psychology of Trading and Behavioral Finance
Date: 15 April 2011, 10:14

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Trading and Emotional IQ!
All of these materials are covered in more detail elsewhere, but Dr. Elvin's consistent reference to his own trading experiences provide a relevance missing in more academic work. The summary chapter suggests the author was trying to write a model of trading competence. Using this goal as a measure, the author has failed to deliver. The offered measures of competence seem designed for accountants. The messy comments on assessing one's emotional IQ are hard to package in terms of competence. The juxtaposition of brave 'warrior trader' and 'suicidal trader' illusions speak to the difficulty of the subject. I suspect the author recommends we meditate on these issues.

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