These studies generalize and group all traders into the same category. I wonder if they spent any time studying what was the common thread amongst the 1% who were successful. Trading is an art as well as science thus experience matters.
Collective Intelligence https://www.elitetrader.com/et/threads/trend-following-podcast-update.289146/page-3#post-4087484 https://www.elitetrader.com/et/threads/intuition-amplifiers-2.260064/page-79#post-3818938 https://www.elitetrader.com/et/threads/romney-and-the-market.251461/page-3#post-3662633