What we call the market

the marketWhat we call “the market” is actually the end result of the interactions of thousands of traders across the gamut of size, holding period, and intent. Each trader is constantly trying to gain an advantage over the others; market behavior is the sum of all of this activity, reflecting both the rational analysis and the psychological reactions of all participants. This creates an environment that has basically evolved to encourage individual traders to make mistakes. That is an important point—the market is essentially designed to cause traders to do the wrong thing at the  wrong time. The market turns our cognitive tools and psychological quirks against us, making us our  own enemy in the marketplace. It is not so much that the market is against us; it is that the market sets us against ourselves. Adam H Grimes

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites