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How do Traders think?


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#1 Islander

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Posted 28 May 2007 - 12:23 PM

Emotions and analysis are required to be rational? What does "discipline" mean in trading? Even if we know the rules for optimization of a trade, would we use them? I was a little shocked at myself not to mention the rest of you.

Speculations

Best, Islander B)

#2 relax

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Posted 28 May 2007 - 01:49 PM

like any sport
emotions play a role and can completely destroy talent

it's a mental game


Emotions and analysis are required to be rational? What does "discipline" mean in trading? Even if we know the rules for optimization of a trade, would we use them? I was a little shocked at myself not to mention the rest of you.

Speculations

Best, Islander B)



#3 Rogerdodger

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Posted 28 May 2007 - 02:44 PM

Do this BEFORE you read the link above, otherwise the experiment will not work:
Try the experiment:
Watch a video showing college students, some in white T shirts and some in black T-shirts throwing basketballs to each other.
Concentrate on the white T-shirt players and count the number of times they passed the ball to each other.
Watch the video.

Edited by Rogerdodger, 28 May 2007 - 03:03 PM.


#4 mbradley

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Posted 28 May 2007 - 07:44 PM

Waste of time. Big waste of time.