“”In the present credit crisis, traders may feel the noxious effects of chronic cortisol exposure, and end up in a psychological state known as ‘learned helplessness‘.”
Jeremy Holt on the psychology of risk taking and the effects of testosterone.
April 15, 2008...3:55 am
Hormonal Trading
Jump to Comments
1 Comment
April 16, 2008 at 10:01 am
I once, very briefly, went out with a city trader (long ago). He was an amazing bloke - he never rested - he worked all day obviously doing whatever they do, and we’d meet up in the evening and he was like a toddler - he would fidget throughout dinner and just could not relax. He probably only slept about 4 hours every night - the rest of the time he would pace about (this was in the days before internet access at home). He couldn’t handle weekends at all - he was liked a caged lion, always pacing. I often wander what happened to him. No-one can live like that for any period of time.
Leave a Reply