期货市场的行为心理学.pptVIP

 LOST $10000 $20000 $30000 Dead ??? What I learnt from the story: Don’t be greedy, Just leave ,enough is enough(见好就收) Behavioral Psychology on Futures market (期货交易的行为心理） Greed (贪婪） Behavioral Psychology on Futures market (期货交易的行为心理） N.Gregory Mankiw (N.格里高利·曼昆) Some suggestions for college students who study economics: learn some psychology ______ N.Gregory Mankiw (N.格里高利·曼昆) When we learn or discuss in the course of economics: Assumption: Everyone is rational (完全理性） In our reality: Rational (完全理性） what mistake will people make ？？？ ？？？ ？？？ ？？？ ？？？ Gambling （赌博） Greed （贪婪） Herd Effect （羊群效应） Fear （恐惧） Blind Obedience (盲从) Greed （贪婪） Don’t be greedy, just leave ,enough is enough(见好就收). Greed will make you lose your intellect ,you’ll never get you want but even lose what you deserved to get. Gambling （赌博） The psychology of gambling will make investors ignore the support and demand of the market which behind the change of futures price, they may regardless of the market psychology, political changes, the chart signals and other basic factors. They only guess, but not analysis. We can say that the psychology of gambling is the taboo(大忌) in the futures market. Nick Leeson (尼克·李森),a trader of the Barings Bank(巴林银行). He was in charge of the Baring Bank in Singapore. In Feb, the 26th, 1995,because of Nick’s mistake in his investment ,the Baring Bank lose about $14billions and finally had to go bankrupt(破产). Herd Effect （羊群效应） The Effect of Sheep Flock (羊群效应) Safety in numbers“ (人多势众) So if you are one of the “most people”, you are close to lose money. Fear （恐惧） There was an athlete, he said I want to win, but I’m not afraid of lose, maybe it can be used here as a good solution. Blind Obedience (盲从) Investors, especially person who are in the market not for a long time, we called a newbie(菜鸟)，they always make their decisions depending on the analysis of the chart or just what the experts