Author |
Harper, Henry Howard, 1871-1953 |
Illustrator |
Jones, Haydon, 1870?-1954 |
LoC No. |
27005688
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Title |
The psychology of speculation : The human element in stock market transactions
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Original Publication |
Boston: privately printed, 1926.
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Note |
Reading ease score: 42.9 (College-level). Difficult to read.
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Credits |
Tim Lindell, Craig Kirkwood, and the Online Distributed Proofreading Team at https://www.pgdp.net (This book was produced from images made available by the HathiTrust Digital Library.)
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Summary |
"The Psychology of Speculation: The Human Element in Stock Market Transactions" by Henry Howard Harper is a scientific publication that delves into the psychological factors influencing stock market behaviors. Written in the early 20th century, the book explores the relationship between human emotions, decision-making, and trading activities within the financial markets. Harper emphasizes that understanding one's own psychology is crucial for achieving success in stock trading. In the book, Harper discusses various aspects of stock market speculation and the intrinsic human tendencies that lead to poor decision-making. Through anecdotes and examples, he illustrates how impulsive behaviors—such as succumbing to market hysteria, overconfidence after profitable trades, and the fear of loss—can drastically affect an investor's judgment. By analyzing the actions of experienced and novice traders alike, Harper suggests that true success in the stock market hinges not only on knowledge of the market but also on mastering psychological discipline and emotional control. Ultimately, the book serves as a cautionary guide for traders and investors, highlighting the need to be aware of the human elements at play in financial transactions. (This is an automatically generated summary.)
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Language |
English |
LoC Class |
HG: Social sciences: Finance
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Subject |
Speculation
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Subject |
Stock exchanges
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Category |
Text |
EBook-No. |
73647 |
Release Date |
May 18, 2024 |
Copyright Status |
Public domain in the USA. |
Downloads |
273 downloads in the last 30 days. |
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