Your Brain Trading Stocks
In 2004, Brian Knutson,
an associate professor of psychology and neuroscience at Stanford University, discovered that trading stocks tweaked the same part of the human brain that was associated with sexual lust and drug abuse. This neural network, usually called the "pleasure center," fires up in anticipation of rewards and can dull or even override the frontal lobe, the place where neuroscientists believe most of our reasoning is carried out. Does this mean stockbrokers will start appearing in "most wanted" posters and be reduced to pushing tech stocks in dark alleys? Not likely, but it does highlight some interesting psychological issues that investing brings out in otherwise sane people.
You can learn how to manage you emotions while trading. It begins with taking time
to get "into the zone" by preparing the relaxed brain frequency before you look at your charts.
By mastering this technique it is possible to reboot your brain, after taking a profit or having your stop hit. The best thing is you can experience this program while you sleep.
Just think within 21 nights you can be a more emotionally balanced trader.
No comments:
Post a Comment