FOREX TRADING: NEUROECONOMIC INSIGHTS AND PSYCHOLOGICAL BIASES Cover Image

ВАЛУТНА ТЪРГОВИЯ: ВЛИЯНИЕ НА НЕВРОИКОНОМИЧЕСКИ ПРИЧИНИ И ПСИХОЛОГИЧЕСКИ СКЛОННОСТИ
FOREX TRADING: NEUROECONOMIC INSIGHTS AND PSYCHOLOGICAL BIASES

Author(s): Boyan Ivantchev
Subject(s): Economy, Business Economy / Management
Published by: Икономически университет - Варна
Keywords: forex trading; Bulgaria; neuroeconomics; behavioral finance; loss aversion; endowment effect; loss attention
Summary/Abstract: Current paper analyzes large data set of 366 276 Forex deals performed by 287 Bulgarian traders for the period of five years. Data set is provided by one of the largest Bulgarian investment intermediaries. This unique and original research for the Bulgarian Forex traders will use the tools of behavioral finance for to examine the influence of loss aversion bias, endowment effect and loss attention bias on traders decision making under risk and uncertainties and their net results on Forex trading return. Additionally the author will employ interdisciplinary field of neuroeconomics for to explain behavior and decision making of Bulgarian Forex traders. Current research will give additional database for development of behavioral finance and neuroeconomics in Bulgaria

Toggle Accessibility Mode