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More than anything, we’re crowd followers

I was reading an interesting article on what researchers are learning from big data on how shoppers behave. Buying and selling in financial markets isn’t much different from the grocery store in many ways so there are plenty of lessons to take away. This one, in particular, was striking. Many generic drugs are identical to name-brand medicine so it’s a great place to study why consumers prefer one over the other. The main theory was that people didn’t understand that Aspirin is just acetylsalic…
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mag avatar
mag 20 Окт.

I will not go into the technical issue of the research drug vs generic drug, I focus on the herding behavior of human beings, the example that we bring is equal to panic in trading.

geula4x avatar
geula4x 22 Окт.

+1 Liked: Very interesting topic! IMHO crowd-following in Forex trading is a one-way ticket to margin call ;-) Happy trading :-)

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What makes people happy?

I found a key to happiness and I would like to share it with you. Ok. Ok. Not really, but I wish I could!!!! I did, however, came across an interesting study that’s worth sharing. Here it is: People’s personalities generally fall into two traits or theories: extraverts and introverts. Extraverts tend to have outgoing, talkative, energetic behavior and tend to thrive off of interaction with other people. Introverts, on the other hand, tend to have more reserved and solitary behavior and prefer s…
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seediee avatar
seediee 25 Июль

I know I'm introvert! ... in some life situation! :)

annatimone avatar
annatimone 25 Июль

:) I think most people fall somewhere in between extraverts and introverts. These two personality types are extremes. But generally, I think it’s true. Socializing with people (especially with the right people) does make you happier, more energized and emotionally more satisfied. If you don’t mind sharing, in what life situations are you an introvert?

Nadin5794 avatar
Nadin5794 6 Авг.

Интраверты это люди очень деятельные ,поэтому их нужно оберегать,экстраверты люди шумные,их деятельность часто нуждается в корректировке,на мой взгляд для трейдера важнее качества интраверта

annatimone avatar
annatimone 6 Авг.

That’s a good question. Who makes a better trader, introvert or extravert? I know portfolio managers are usually introverts and, as you said, probably the same applies to traders.

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