The NY Times reports:
“In a study published on Monday in the journal Scientific Reports, a group of researchers suggest that high-frequency traders who were more sensitive to their own bodies routinely made more profitable trades, and had longer careers in a notoriously unforgiving profession.”
““Traders in the financial world often speak of the importance of gut feelings for choosing profitable trades,” the authors wrote. “By this they mean that subtle physiological changes in their bodies provide cues helping them rapidly select from a range of possible trades the one that just ‘feels right.’ Our findings suggest that the gut feelings informing this decision are more than the mythical entities of financial lore — they are real physiological signals, valuable ones at that.””
Here is the study: http://www.nature.com/articles/srep32986
Please, pass me the Maalox!
Leave a Reply