Beginner

Investor Psychology

Build the psychological discipline required to make rational investment decisions when markets become uncertain. You will learn how emotion, cognitive bias and group behavior influence prices—and how to create a repeatable process that protects you from costly mistakes.

8 hours 24 lessons

Course introduction video

You will learn to identify the psychological forces behind poor investment decisions and replace impulsive reactions with a structured process. Through practical frameworks, decision journals and market case studies, you will develop the self-awareness, emotional control and analytical discipline needed to act with conviction under pressure.

Course content

Module 1

The investor's mind

Why psychology drives investment outcomes
Thinking fast and thinking slowly
Emotion, uncertainty and financial risk
How incentives shape judgment
The gap between knowing and doing
Building investor self-awareness

Module 2

Biases that destroy returns

Loss aversion and the disposition effect
Confirmation bias and thesis attachment
Overconfidence and illusion of control
Anchoring to prices and forecasts
Recency bias in changing markets
Narratives, familiarity and blind spots

Module 3

Markets under pressure

Herd behavior and social proof
Fear, greed and market cycles
Staying rational during drawdowns
FOMO and chasing performance
Separating volatility from risk
Learning from bubbles and panics

Module 4

A disciplined decision system

Creating an investment checklist
Writing a pre-mortem before buying
Using a decision journal effectively
Defining sell rules in advance
Reviewing outcomes without hindsight bias
Building habits for long-term discipline

What you'll achieve

Recognize cognitive biases before they influence capital allocation
Control emotional responses during volatility and drawdowns
Evaluate decisions by process rather than short-term outcome
Build a repeatable framework for rational investing