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Instinct over Knowledge

 
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Author Instinct over Knowledge
rffrydr
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Joined: 30 Oct 2005
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PostPosted: Tue May 13, 2008 2:48 pm    Post subject: Instinct over Knowledge Reply with quote

Every trader knows (and has learned first hand) that stupidity and trading don't mix. Prisoners of logic we then jump to the opposite...implicitly. Which means we all will have to bear this cross in silence:


http://www.economist.com/science/displaystory.cfm?story_id=11088507
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Last edited by rffrydr on Tue May 13, 2008 8:57 pm; edited 2 times in total
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rffrydr
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Joined: 30 Oct 2005
Posts: 16937
Location: Sunny California

PostPosted: Sun May 31, 2009 10:32 pm    Post subject: Reply with quote

Knowlege is an ending. All extremes find their opposite and Analysts from india make for the best of analysis and worst of traders:

http://alphaville.ftdata.co.uk/lib/inc/getfile/6899.jpg



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HenryTo
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PostPosted: Tue May 13, 2008 2:56 pm    Post subject: Reply with quote

Great article leading to yet more questions. Corollary: Watching and reading the markets is not only a waste of time for most people, it is also damaging to your account and health (greater brain activity resulting in higher oxidation of the body) as well.
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