Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy
Saxo Group
Summary: Reading is one of the best ways to improve as a trader and investor. Below, you will find five recommendations of books that explore how psychology works in trading and investing.
Trading in the Zone by Mark Douglas
Trading in the Zone by Mark Douglas explores why investors take shortcuts in the market and why greed and fear have such an incredible hold over individuals. Douglas also provides solutions for how to prevent these issues from happening.
The Investor’s Quotient by Jake Bernstein
In this classic, author Jake Bernstein explores why investors fail because of their emotions and psychology. Bernstein also provides strategies and tactics for preventing and dealing with emotionally driven issues.
Loaded: Money, Psychology, and How To Get Ahead Without Leaving Your Values Behind by Sarah Newcomb
Sarah Newcomb is a Morningstar behavioural economist and her book is based on years of research. Loaded offers an insightful guide for recognizing harmful core beliefs about money and what we can do to challenge and overcome these negative mindsets.
Beyond Greed and Fear by Hersh Shefrin
This book takes a deep dive into what guides the decision-making process, to help us understand the human psychology that influences financial strategy, stock selection, and the universal impulse to avoid risk and costly mistakes.
Reminiscences of a Stock Operator by Edwin Lefevre
This updated classic explores the trading career of Jesse Livermore from childhood to becoming a Wall Street legend. It explores his strategies on what stocks to buy and when, as well as the psychology of trading.