Jake Bernstein is an internationally recognized futures analyst, trader, and author. He has written more than 41 books, numerous research studies, and newsletters on futures trading, stock trading, trader psychology, and economic forecasting. Mr. Bernstein is the publisher of Jake Bernstein's Weekly Futures Trading Letter which is now presented in digital media format as The Jake Bernstein Online Weekly Capital Markets Report and Analysis.
It has been a popular misconception in the trading business that the small trader is always incorrect. It has further been assumed that the small trader always loses money. In this presentation, Jake Bernstein, 54 year veteran trader and investor explains the mass psychology and trading style so common among small traitors. He explains the daily sentiment index, a measure of small trader sentiment and how it can be used by professionals and informed investors to take advantage of mass psychology.