{"product_id":"trading-on-sentiment-isbn-9781119122760","title":"Trading on Sentiment","description":"\u003cp\u003eIn his debut book on trading psychology, \u003ci\u003eInside the Investor’s Brain\u003c\/i\u003e, Rich­ard Peterson demonstrated how managing emotions helps top investors outperform. Now, in \u003ci\u003eTrading on Sentiment\u003c\/i\u003e, he takes you inside the science of crowd psychol­ogy and demonstrates that not only do price patterns exist, but the most predictable ones are rooted in our shared human nature.\u003c\/p\u003e \u003cp\u003ePeterson’s team developed text analysis engines to mine data - topics, beliefs, and emotions - from social media.  Based on that data, they put together a market-neutral social media-based hedge fund that beat the S\u0026amp;P 500 by more than twenty-four percent—through the 2008 financial crisis. In this groundbreaking guide, he shows you how they did it and why it worked. Applying algorithms to so­cial media data opened up an unprecedented world of insight into the elusive patterns of investor sentiment driving repeating market moves. Inside, you gain a privi­leged look at the media content that moves investors, along with time-tested techniques to make the smart moves—even when \u003ci\u003eit doesn’t feel right\u003c\/i\u003e. This book digs underneath technicals and fundamentals to explain the primary mover of market prices - the global information flow and how investors react to it.  It provides the expert guidance you need to develop a competitive edge, manage risk, and overcome our sometimes-flawed human nature.  Learn how traders are using sentiment analysis and statistical tools to extract value from media data in order to:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eForesee important price moves using an understanding of how investors process news.\u003c\/li\u003e \u003cli\u003eMake more profitable investment decisions by identifying when prices are trending, when trends are turning, and when sharp market moves are likely to reverse.\u003c\/li\u003e \u003cli\u003eUse media sentiment to improve value and momentum investing returns.\u003c\/li\u003e \u003cli\u003eAvoid the pitfalls of unique price patterns found in commodities, currencies, and during speculative bubbles\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eTrading on Sentiment \u003c\/i\u003edeepens your understanding of markets and supplies you with the tools and techniques to beat global markets— whether they’re going up, down, or sideways.\u003c\/p\u003e \u003cp\u003eAbout the Author xi\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xxiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Foundations\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 Perception and the Brain 3\u003c\/p\u003e \u003cp\u003eChapter 2 Mind and Emotion 19\u003c\/p\u003e \u003cp\u003eChapter 3 Information Processing 30\u003c\/p\u003e \u003cp\u003eChapter 4 Sentimental Markets 47\u003c\/p\u003e \u003cp\u003eChapter 5 Finding Signal in the Noise 61\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Short-term Patterns\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 6 Information Impact 81\u003c\/p\u003e \u003cp\u003eChapter 7 Daily Reversals 99\u003c\/p\u003e \u003cp\u003eChapter 8 Weekly Deceptions 106\u003c\/p\u003e \u003cp\u003eChapter 9 The Only Thing to Fear 115\u003c\/p\u003e \u003cp\u003eChapter 10 Buy on the Rumor 127\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Long-term Patterns\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 11 Trends and Price Momentum 139\u003c\/p\u003e \u003cp\u003eChapter 12 Value Investing 151\u003c\/p\u003e \u003cp\u003eChapter 13 Anger and Mistrust 159\u003c\/p\u003e \u003cp\u003eChapter 14 The Psychology of Leadership 171\u003c\/p\u003e \u003cp\u003eChapter 15 Navigating Uncertainty 184\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four Complex Patterns and Unique Assets\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 16 Optionality 197\u003c\/p\u003e \u003cp\u003eChapter 17 Blowing Bubbles 205\u003c\/p\u003e \u003cp\u003eChapter 18 Timing Bubble Tops 218\u003c\/p\u003e \u003cp\u003eChapter 19 Commodity Sentiment Analysis 232\u003c\/p\u003e \u003cp\u003eChapter 20 Currency Characteristics 243\u003c\/p\u003e \u003cp\u003eChapter 21 Economic Indicators 254\u003c\/p\u003e \u003cp\u003eChapter 22 Sentiment Regimes 269\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five Managing the Mind\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 23 Mental Hygiene 283\u003c\/p\u003e \u003cp\u003ePostscript 295\u003c\/p\u003e \u003cp\u003eAppendix A Understanding the Thomson Reuters MarketPsych Indices 297\u003c\/p\u003e \u003cp\u003eAppendix B Methods for Modeling Economic Activity 316\u003c\/p\u003e \u003cp\u003eGlossary 323\u003c\/p\u003e \u003cp\u003eIndex 331\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eRICHARD L. PETERSON\u003c\/b\u003e is CEO of MarketPsych and a behavioral finance expert, investment adviser, psychiatrist, and consultant to the financial industry. His two previous books, \u003ci\u003eInside the Investor’s Brain \u003c\/i\u003eand \u003ci\u003eMarketPsych\u003c\/i\u003e, were named top financial books of the year by \u003ci\u003eKiplinger\u003c\/i\u003e.    \u003c\/p\u003e\u003cp\u003eIn his debut book on trading psychology, \u003ci\u003eInside the Investor’s Brain\u003c\/i\u003e, Richard Peterson demonstrated how managing emotions helps top investors outperform. Now, in \u003ci\u003eTrading on Sentiment\u003c\/i\u003e, he takes you inside the science of crowd psychology and demonstrates that not only do price patterns exist, but the most predictable ones are rooted in our shared human nature.  \u003c\/p\u003e\u003cp\u003ePeterson’s team developed text analysis engines to mine data – topics, beliefs, and emotions– from social media. Based on that data, they put together a market-neutral social media-based hedge fund that beat the S\u0026amp;P 500 by more than twenty-four percent—through the 2008 financial crisis. In this groundbreaking guide, he shows you how they did it and why it works. Applying algorithms to social media data opens up an unprecedented world of insight into the elusive patterns of investor sentiment driving repeating market moves. Inside, you gain a privileged look at the news and social media themes that move investors, along with time-tested techniques to make the smart moves—even when \u003ci\u003eit doesn’t feel right\u003c\/i\u003e. This book digs underneath technicals and fundamentals to explain the primary mover of market prices — the global information flow and how investors react to it. It provides the expert guidance you need to develop a competitive edge, manage risk, and overcome our sometimes-flawed human nature. Learn how traders are using sentiment analysis and statistical tools in order to: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e Foresee how market prices will be influenced by news, rumor, and social media\u003c\/li\u003e \u003cli\u003e Identify when prices are trending, when trends are turning, and when sharp market moves are likely to reverse\u003c\/li\u003e \u003cli\u003e Improve value and momentum-based investment returns\u003c\/li\u003e \u003cli\u003e Take advantage of unique price patterns found in commodities, currencies, and during speculative bubbles\u003c\/li\u003e \u003cli\u003e Forecast changes in global economic activity\u003c\/li\u003e \u003cli\u003e Overcome the most common mistakes of the investing herd \u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eTrading on Sentiment\u003c\/i\u003e deepens your understanding of markets and supplies you with the tools and techniques to profit—whether prices are moving up, down, or sideways.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990402318565,"sku":"NP9781119122760","price":60.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119122760.jpg?v=1761787684","url":"https:\/\/k12savings.com\/products\/trading-on-sentiment-isbn-9781119122760","provider":"K12savings","version":"1.0","type":"link"}