Day traders behavior similiar to monkeys

Discussion in 'Psychology' started by zgtrader, Apr 20, 2007.

  1. 'Freakonomics' writer shows capuchin monkey behavior similiar to human behavior of day traders.

    "He also devised two games that showed monkeys could end up feeling as if they'd won or lost, even though they'd actually broken even. Their seemingly irrational preference for the "winning" game had Chen questioning how useful the monkeys would be as a touchstone for studying human behavior. Then he found that a similar study of day traders conducted by another researcher resulted in the same psychological preference. Even when they came out even, the day traders irrationally preferred to feel they won, rather than lost money."

    Full article:
  2. You may be on to something with this.

    I throw my feces at people walking by my trading desk. Starting to understand where that comes from.
  3. KevR1025


    The article is really interesting, especially the monkey prostitution.

    Steven Levitt, the co-author will be giving a talk here in Detroit next week which I will be attending.

    Should be interesting to here more about the new book.
  4. Whereas, no doubt, the targets of your projectile are more concerned with where it is going.:D
  5. deaddog


    Anyone with a wife/girlfriend knows about this.
  6. rover


  7. Allaces


    At my age the only way I'm getting some perfect tight little asian ass is to cough up some coin.. perfectly acceptable behaviour for all anthropoids
  8. Ha, good one! :D