Wednesday, January 4, 2012

Testosterone

No trades yet for me in 2012. Hope to be back at it soon.
In the meantime, here's something else to worry about! LOL
Posted by at

6 comments:

  1. AnonymousJanuary 4, 2012 at 11:05 AM

    LOL.. MBAG as a trader must laugh and throw that out as if the article never existed. MBAG as a person can laugh at it at length and remember it as a good story.

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  2. MBAGearheadJanuary 4, 2012 at 12:13 PM

    But what if it's true?! Maybe I should become an equities or options trader since only "futures traders" were mentioned. :) Then again, what do British researchers really know...

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  3. AnonymousJanuary 4, 2012 at 12:21 PM

    I was going to make a sensible comment (about the obvious flaw in the study... if testosterone on Day D is positively correlated with it on Day D-1 then then cause-effect is more probably effect-cause) but then I read the anti-British sentiment and stormed off in a huff.

    Happy New Year though :-)

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  4. SoullfireJanuary 4, 2012 at 12:28 PM

    I have to conclude that that study only correlates to professional traders that are backed by firms who supply them with enough capital to enable them to actually move the market.

    For the small retail trader with no such leverage, I highly doubt this has any application, and most likely the opposite result applies.

    Anything that would induce a retail daytrader to jump into battle with the market versus cool calculated thinking is likely only good for those who wish to recreate/relive the final scenes of "Butch Cassidy and the Sundance Kid", or "300", only with lots more beat down and lots less honor/style.

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  5. AnonymousJanuary 4, 2012 at 12:45 PM

    See MBA, now you pissed off the Limeys. Give them credit, at least they didn't join the Euro Suicide Experiment the other Europeans did. And besides, if you trade stocks and options - you might have to listen to CNBC or worse, Schloomberg - surely that would be enough deterrent :)

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  6. MBAGearheadJanuary 4, 2012 at 4:44 PM

    HAHA - the Limeys are too easily pissed if that's all it takes! And I don't mean drunk (but that is likely the case also). Glad to see L&W is alive and well though.

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