O'Reilly logo

Crowd Money: A Practical Guide to Macro Behavioural Technical Analysis by Eoin Treacy

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 3: Group Formation (Me + Them = Us)

What we will cover in this chapter

  • The market is a mob. All mobs are psychological groups and have common characteristics. In this chapter we will look at the psychological conditioning that must occur for a group to form.
  • Fellow feeling – the members have something in common and the group coalesces around this idea.
  • Segregation – the ‘you are either with us or against us’ response.
  • Responsibility – shared responsibility diminishes personal culpability for our actions.
  • Heightened emotional state – we attend sports and music events because they produce a greater sense of occasion and more intense atmosphere than simply sitting at home. When we initiate investment positions there is no ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required