{"product_id":"trading-on-sentiment-richard-l-peterson-9781119122760","title":"Trading on Sentiment: The Power of Minds Over Markets","description":"\u003cp\u003eIn his debut book on trading psychology, \u003ci\u003eInside the Investor's Brain\u003c\/i\u003e, Rich-ard 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 psychol-ogy 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 so-cial media data opened up an unprecedented world of insight into the elusive patterns of investor sentiment driving repeating market moves. Inside, you gain a privi-leged 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\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Richard L. Peterson\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1119122767\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781119122760\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/21\/2016\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 368\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.20lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.20h x 6.30w x 1.20d","brand":"Richard L. Peterson","offers":[{"title":"Hardcover","offer_id":44365135151359,"sku":"9781119122760","price":60.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_4d89f14a-4105-4a85-b20c-146c3325716a.jpg?v=1697056817","url":"https:\/\/www.whiterainbookhouse.com\/products\/trading-on-sentiment-richard-l-peterson-9781119122760","provider":"WR Book House","version":"1.0","type":"link"}