Forecasting Financial Markets

In this book Tony Plummer provides a compelling insight into the psychology of trading behaviour and shows how the herd instinct in decision-making can have disastrous results. The ability to make money on the markets, he stresses, depends critically on an individual's ability to make decisions independently of the crowd. To attain such independence the investor or trader must acquire three interrelated skills:

the ability to understand the forces at work in logical terms

the ability to recognise their own emotional responses to market fluctuations - and override them

the ability to design an investment process or trading system that generates objective 'buy' and 'sell' signals

This book explores these three dimensions to successful trading in detail.

This latest edition of the book has been completely updated to take account of new ideas generated by the author and the scientific community.