Daniel Kahneman, a Nobel Prize-winning psychologist, showed that individuals do not always act rationally when faced with uncertainty in decision making. When faced with losses, individuals may seek to take more risk rather than less, contrary to what traditional economic thought might suggest.
You can read this article by visiting ;
http://www.nytimes.com/2008/02/07/business/worldbusiness/07trader.html?_r=2&oref=slogin
You can also read about online trading addiction -a article published in Wall Street Journal :
http://www.smartmoney.com/investing/stocks/online-trading-addiction-the-warning-signs-9917/
We have come across many part time amateur traders burning their fingers by trading in Futures . There are some who have lost fortunes by trading in bigger quantity in futures thinking that trading in future is akin to investing.
Our aim is to warn the retail investor and traders about the perils of future trading. Hope these two articles help them in understanding that trading in futures is like playing with fire
Thursday, February 11, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment