TY - BOOK AU - Harper,Henry Howard AU - Jones,Haydon TI - The psychology of speculation AV - HG PY - 2024/// CY - Salt Lake City, UT PB - Project Gutenberg KW - Speculation KW - Stock exchanges N1 - Release date is 2024-05-18; Tim Lindell, Craig Kirkwood, and the Online Distributed Proofreading Team at https://www.pgdp.net (This book was produced from images made available by the HathiTrust Digital Library.); Originally published; Boston: privately printed, 1926 N2 - "The Psychology of Speculation: The Human Element in Stock Market Transactions" by Henry Howard Harper is a scientific publication that delves into the psychological factors influencing stock market behaviors. Written in the early 20th century, the book explores the relationship between human emotions, decision-making, and trading activities within the financial markets. Harper emphasizes that understanding one's own psychology is crucial for achieving success in stock trading. In the book, Harper discusses various aspects of stock market speculation and the intrinsic human tendencies that lead to poor decision-making. Through anecdotes and examples, he illustrates how impulsive behaviors—such as succumbing to market hysteria, overconfidence after profitable trades, and the fear of loss—can drastically affect an investor's judgment. By analyzing the actions of experienced and novice traders alike, Harper suggests that true success in the stock market hinges not only on knowledge of the market but also on mastering psychological discipline and emotional control. Ultimately, the book serves as a cautionary guide for traders and investors, highlighting the need to be aware of the human elements at play in financial transactions. (This is an automatically generated summary.) UR - https://hdl.handle.net/2027/mdp.39015005556769 UR - https://www.gutenberg.org/ebooks/73647 ER -