Financial Risk Taking: An Introduction to the Psychology of Trading and Behavioural Finance

Mike Elvin graduated in Psychology from the University of Sussex and subsequently received a scholarship from the Home Office to write a thesis at the University of Kent at Canterbury. He was employed as a psychologist by the renowned Professor RG Andry, at the University of London, undertaking research and practice in psychiatric therapeutic communities.

For some years, D. Elvin managed Community Mental Health Services in London, UK, and was seconded to the University of Kingston Business School to study Business Administration. At that time, he was trading stocks and shares part time with considerable success. He resigned his management post o undertake employment as a full-time trader and to develop trading systems with Tom Williams at Genie Software Ltd. Dr. Elvin teaches and writes on the psychology of trading, behavioural finance, and technical analysis giving individual tuition and seminars. He wrote Financial Risk Taking following research over eight years, which included interviewing home and professional traders, mainly in the UK. He holds approved status as an expert witness in Sweet and Maxwell’s Law Directory of Experts and is developing a diploma course for traders in the UK.