EL ENIGMA EMOCIONAL EN LOS MERCADOS FINANCIEROS

Abstract

We live in the best time in history to learn skills, acquire information and do business. Trading is something that has been with mankind practically since the beginning of civilizations, going from the tablet accounting system of ancient Mesopotamia to the modern and complex cryptographic markets. In the past, accessing the stock markets was a privilege that only a few were eligible for and certainly something completely analogical, today anyone has the option to buy a share of a U.S. company from anywhere in the world thanks to the opening of these markets to a more general public. Thanks to these advances, new aspirations and professions have arisen in the financial sector, such as assets trading, which has gained great strength in the last three years. While there is a claim that 95% of people who practice this activity fail, this paper will analyze the psychological background of this. Through a survey of professionals and amateurs, I have obtained information on the percentage of profitability relating the preferred training channel, I have analyzed the technical and analytical aspect of the participants, their psychology, and possible apparent cognitive biases, and finally the emotions that most commonly arise when trading. Due to high popularity and growth of this industry, it is necessary to know the non-tangible aspect since it agrees with being one of the fundamentals that differentiate a professional from someone who cannot adapt to the markets and therefore make a trading career. In addition to knowing better the risks that an industry of these characteristics entails. ¿