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Instinct over Knowledge

 
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Author Instinct over Knowledge
rffrydr
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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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Post new topic   Reply to topic    MarketThoughts.com Forum Index -> Trading Systems and Market Timing Models
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rffrydr
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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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