Summary
In The Psychology of the Foreign Exchange Market, author Thomas Oberlechner provides the results of research into how professional traders view the markets. One approach he uses is to characterize these views with different metaphors. The major point behind the research is that the mindset used to understand and observe the forex markets is itself a factor in how one proceeds to trade. There is one vocation that tends to provide important insight into the forex markets. That field is music. The reason is there is harmony and rhythm in the markets.
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The Music of Forex
In The Psychology of the Foreign Exchange Market, author Thomas Oberlechner provides the results of research into how professional traders view the markets.
One approach he uses is to characterize these views with different metaphors. Oberle...See the full content of this document
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