The intersting part of it is that the biologists are coming! There have already been attempts to construct mathematical foodchains for the financial markets, althogh with negative results, I am very convinced that evolutionary biology has a bright future in the world of finance, especially due to the recent advances in evolutionary game theory that theoretically allows it to modell an interaction between a rabit and a snow-fox just like the interactions between a, say, hedge fund and a mutual fund. I may refer everyone more interested in this topic to the visionary chapter on biology in Robert Hagstroms (very readable) book "Investing - The last liberal Art"
Have you ever seen that game where two people get on a log in a lake, and they start rolling the log one way, then the other, and the idea is to FORCE the other guy to lose his balance and throw him off the log? That is the closest thing I have ever seen to trading as a "metaphor." nitro
The market is my patient. Is this trend healthy? - check the volume - are there any divergences? - is it overbought/sold?
that's a good one..the guy who lose his psychological balance loses, it comes down to who have greater self-control..
is Obviously Wrong! And the "hard" trade ( the one where you can't bear to pick up the phone or hit the keys on your keyboard ) is the Winning Trade! Paul Tudor Jones
" Nobody loves you when your down and out, Everybody loves you when your six feet tall".~j.lennon You got to trade this market...take profits fast, take losses faster!<g> SPX......I guess everyone loves? http://share.esignal.com/groupcontents.jsp?folder=&picture=0707spx.png&groupid=14 ~j
Metaphoric more than a metaphor, but it was extremely beneficial to my blood pressure to adjust my mind not to see wins/losses as anything more than 2 different outcomes, rather than as money. To harrytrader: yes, "the word is not the thing".