Lucas Moura fell down the pecking order at Paris Saint-Germain, which prompted his move to Tottenham. Geoffroy van der Hasselt / AFP
Lucas Moura fell down the pecking order at Paris Saint-Germain, which prompted his move to Tottenham. Geoffroy van der Hasselt / AFP
Lucas Moura fell down the pecking order at Paris Saint-Germain, which prompted his move to Tottenham. Geoffroy van der Hasselt / AFP
Lucas Moura fell down the pecking order at Paris Saint-Germain, which prompted his move to Tottenham. Geoffroy van der Hasselt / AFP

Transfer deadline day: Tottenham sign Lucas Moura from PSG


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Brazil winger Lucas Moura has joined Tottenham Hotspur from Paris Saint-Germain on a contract until 2023, the Premier League club announced on Wednesday's transfer deadline day.

The 25-year-old player, capped 34 times, expressed his sadness to French sports daily L'Equipe this week at being frozen out by PSG, with his compatriot Neymar's arrival from Barcelona having seen him fall down the pecking order.

"We are delighted to announce the signing of @LucasMoura7 from Paris Saint-Germain!," a statement on Tottenham's Twitter feed said. "Lucas has signed a contract until 2023 and will wear the number 27 shirt."

No fee has been disclosed by Spurs but reports in the British media this week said the London club had made a bid of £25 million (Dh130.2m) for Moura.

His arrival is particularly beneficial to Spurs manager Mauricio Pochettino, with Moura eligible to play in the Uefa Champions League, having not appeared for PSG in Europe's elite club competition this season.

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Read more

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How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

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