The Psychology of Smart Investing Meeting the

Written by a board-certified psychiatrist and the founder of Chicago's best-known brokerage firm, it contains the psychological tools essential to breaking through mental barriers in order to achieve a successful mindset. Examines such common psychological traps as loneliness, poor self-esteem, depression, wishful thinking, self-destructiveness, addiction to playing the markets, revenge and internal conflicts. Packed with anecdotes and case histories, it includes insights drawn from two unusual investor surveys-typical investors versus famous investors and market ''gurus.''

Ira Epstein and David Garfield are the authors of The Psychology of Smart Investing: Meeting the 6 Mental Challenges, published by Wiley.

The Psychology of Smart Investing

1

(10)

Money Madness

1

(1)

The Epstein-Garfield Surveys

2

(1)

Money: A Terrible Thing to Waste

3

(1)

The Meanings of Money

4

(2)

Recognizing Mind/Money Problems

6

(5)

The Small Investors Survey

11

(11)

Six Investor Types---Six Mental Challenges

13

(2)

Who You Are, What You Can Be

15

(1)

Looking at the Survey Results

16

(3)

Two Investor Profiles

19

(2)

Getting to Your Goal

21

(1)

The Professional Investors Survey

22

(8)

The Two Big Psychological Challenges for the Pros

23

(1)

The Unsuccessful 12 Percent

24

(1)

The Qualitative Results

25

(2)

Professionals' Tools for Meeting Psychological Challenges

27

(3)

The Mind/Money Journal

30

(11)

The Power of the Mind/Money Journal

31

(1)

What the Mind/Money Journal Can Do for You

32

(1)

How Journal Feedback Works

32

(2)

How to Set Up Your Mind/Money Journal

34

(2)

Sample Journal Entries

36

(2)

Using Your Journal Entries

38

(3)

The Personal Money Timeline

41

(14)

Patterns of Success and Failure

42

(7)

Drawing Your Own Conclusions

49

(1)

The Timeline Interpreter

50

(1)

Money in the Blood

50

(1)

The Family Money Timeline

51

(1)

Using Your Timelines

52

(3)

Finding Helpers and Mentors

55

(14)

Psychotherapists and Counselors

55

(3)

Helpers in Your Extended Family

58

(4)

Helpers at Work

62

(5)

Mentors and Role Models

67

(2)

Dreams and Fantasies: Keys to Instinctive Trading

69

(13)

Enhancing Dream Recall

69

(1)

Sorting Through Dream Details

70

(1)

Get the Plot

70

(5)

Focus on the Main Emotion

75

(1)

Apply the Emotions to Trading

76

(1)

Daydreams and Nightdreams

77

(2)

Finding Common Dream Elements

79

(1)

Using Free Association

80

(1)

Step-by-Step Dream Analysis

80

(2)

How to ``Lose Your Mind''

82

(11)

``Vacating'' the Real World

83

(1)

Taking a Break versus Suffering a Breakdown

83

(4)

Getting Distracted---On Purpose

87

(1)

Investor Types, Play Types

87

(2)

Rest, Naps and Sleep

89

(1)

Trouble Signs of an Overworked Mind

90

(3)

The Conflicted Investor

93

(20)

``It's the Story of My Life''

94

(1)

Your Wish Is Your Command

95

(1)

The Voice of Conscience

96

(1)

The Motion of Emotion

96

(1)

``I Haven't Got Time for the Pain''

97

(1)

The Top Ten Conflicted Defenses

98

(1)

Oedipus on Wall Street---Cycles of Ambition and Defeat

99

(4)

The Oedipal Cycle

103

(1)

Objects of Envy

104

(1)

Feeling like Damaged Goods

105

(1)

Action Plan for the Conflicted Investor

106

(3)

Dreams as Guides to Managing Conflict

109

(2)

Consult with Helpful Others...Including Your Private Self

111

(2)

The Depressed Investor

113

(13)

Signs of Depression

114

(4)

Biological Depression

118

(3)

Psychological Depression

121

(2)

Social Depression

123

(1)

Action Plan for the Depressed Investor

123

(1)

Investing and Trading Strategies for the Depressed Investor

124

(2)

The Revenging Investor

126

(17)

Revenge Has a Long Shelf Life

127

(1)

The Revenging Profile

128

(1)

Find a Mentor

128

(2)

Using the Personal Money Timeline to Identify Revenge

130

(3)

Signs of the Revenging Profile

133

(1)

Revenge in Romance

134

(1)

Dreams of Revenge

135

(2)

Action Plan for the Revenging Investor

137

(4)

Don't Get Even---Get Smart

141

(2)

The Masked Investor

143

(14)

The Mask of the Competitor

146

(1)

Learning to Trade within Yourself

146

(3)

The Importance of Shedding Your Mask

149

(1)

The ``Next Level Up'' Concept

149

(2)

Mask Avoidance---Staying True to Yourself

151

(1)

Matching Your Beliefs and Your Investing

152

(1)

The Grandiose Mask

153

(1)

``My Kingdom for More Capital''---The Richard III Syndrome

153

(1)

Action Plan for the Masked Investor

154

(3)

The Fussy Investor

157

(13)

Test Your Fussiness Quotient

160

(2)

From Fussy to Obsessive

162

(1)

Portrait of the Fussy Investor

163

(4)

Action Plan for the Fussy Investor

167

(3)

The Paranoid Investor

170

(12)

Profile of the Paranoid Investor

171

(3)

Paranoia and the Dependency Pitfall

174

(1)

Going for Broke

175

(1)

Pulling Back When You Should Push Forward

176

(3)

Action Plan for the Paranoid Investor

179

(3)

The Wild Card Types

182

(17)

The Addicted Investor

183

(6)

Action Plan for the Addicted Investor

189

(3)

The Sociopathic Trader (AKA the Con Man)

192

(7)

Ten Rules for Smart Trading

199

(13)

Keeping the Right Distance Between Your Mind and Your Money

212

(12)

The Distance You Choose Depends on the Investor You Are

216

(4)

Self-Knowledge: The Inside Edge

220

(1)

Final Mental Notes

221

(3)

Appendix A: Small Investors Survey

224

(3)

Appendix B: Professional Investors Survey

227

(4)

Index

231

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

FREE SHIPPING

Amazon no longer offers textbook rentals. We do!

The Psychology of Smart Investing Meeting the 6 Mental Challenges

Summary

Author Biography

Table of Contents

Supplemental Materials