This is a very interesting thread. I have thought about this a lot in the past and think that in the future, a lot of traders will go down this path. Think about it, the markets are just like the Olympics. You're completing against the best, so you need an edge. This is my list.
Monafinil - It's proven to improve results of students completing clear thinking and memory tests as well as any test involving large number strings.
Also, if you're trading 24 hour markets or the US markets from Asia, it will help you concentrate when you're trading through the night.
Beta blockers - commonly prescribed fro high blood pressure. Will help you control your adrenal response. Will reduce the likelihood of panicing in a bad trade and making mistakes.
Vasopression nasel spray - Said to help control stage fright, making your calmer under pressure.
Testosterone - A UK study from that males with higher testosterone levels where more profitable traders. You may initially think that this is because testosterone makes you more agressive, but in reality healthy levels of testosterone make men more emotionally balanced, so they are less likely to suffer drastic swings in emotion. In short, better self control.
Nootropics - anything from the smart drug family that aids blood flow and communication between the two hemispheres of the brain will improve clear thinking and the quality of decision making.
Finally, there is one more thing that could aid trading performance. It is not a drug but a machine. In Australia, there is a doctor who uses electromagnetic brain stimulation to give normal people savant like skills - think Rainman. When they have certain parts of their brains stimulated, they can draw like artists when previously they could only draw stick figures. So in the future, it may be possible to enhance the parts of the brain responsible for pattern recognition and numerical calculations simply by wearing a helmet emitting a specific electromagnetic frequency. Exciting stuff. And if you think this sounds dangerous, then stop using a mobile phone. It's basically the same thing.
Runningbear
Monafinil - It's proven to improve results of students completing clear thinking and memory tests as well as any test involving large number strings.
Also, if you're trading 24 hour markets or the US markets from Asia, it will help you concentrate when you're trading through the night.
Beta blockers - commonly prescribed fro high blood pressure. Will help you control your adrenal response. Will reduce the likelihood of panicing in a bad trade and making mistakes.
Vasopression nasel spray - Said to help control stage fright, making your calmer under pressure.
Testosterone - A UK study from that males with higher testosterone levels where more profitable traders. You may initially think that this is because testosterone makes you more agressive, but in reality healthy levels of testosterone make men more emotionally balanced, so they are less likely to suffer drastic swings in emotion. In short, better self control.
Nootropics - anything from the smart drug family that aids blood flow and communication between the two hemispheres of the brain will improve clear thinking and the quality of decision making.
Finally, there is one more thing that could aid trading performance. It is not a drug but a machine. In Australia, there is a doctor who uses electromagnetic brain stimulation to give normal people savant like skills - think Rainman. When they have certain parts of their brains stimulated, they can draw like artists when previously they could only draw stick figures. So in the future, it may be possible to enhance the parts of the brain responsible for pattern recognition and numerical calculations simply by wearing a helmet emitting a specific electromagnetic frequency. Exciting stuff. And if you think this sounds dangerous, then stop using a mobile phone. It's basically the same thing.
Runningbear
