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DAY 16 - MASS PSYCHOLOGY OF CROWDS

Lately I have been reading lot of stuff about trading psychology. Here is an interesting one, I came across.
LeBon ….. About crowds. Mass psychology of crowds
Whoever be the individuals that compose it, however like or unlike be their mode of life, their occupations, their character, or their intelligence, the fact that they have been transformed into a crowd puts them in possession of a sort of collective mind which makes them feel think, and act in a manner quite different from that in which e…
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thescalper avatar

I am back ,

alifari avatar
alifari 17 Mag

Welcome back my friend, I always enjoyed your analysis and comments.... wish you lots of success in this contest......

Jignesh avatar
Jignesh 17 Mag

Nice write up.  I got this book about a year ago.  But never got around to reading.  Sounds like interesting stuff. 

Omela avatar
Omela 18 Mag

good luck!)

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Mass Psychology of Crowds

[color=#000000]Read this on one of the traders blog (Rufus) found it interesting so would like to share it here:

LeBon ….. About crowds. Mass psychology of crowds
“Whoever be the individuals that compose it, however like or unlike be their mode of life, their occupations, their character, or their intelligence, the fact that they have been transformed into a crowd puts them in possession of a sort of collective mind which makes them feel think, and act in a manner quite different from that in which each indiv[/color]…
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geula4x 26 Dic

+1 Liked: Psychology is one of the most important aspects of trading, which is usually ignored. Really liked the sentence: "Watching a chart is watching crowd psychology"! Happy Trading :-)

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