Quote from OddTrader:
How many of you would think doing virtual or actual trading could damage human brains psychologically, emotionally, physically, financially, mentally and ... ?
Is there any scientific research on this area?
Yes, once you get acquainted in the scientific community that is dealing with this, you will wind up spending a few thousand dollars on reference and background materials.
There are several 501 (c) (3)'s that focus on this.
There is a lot of bad news out there for people in the financial industry.
For a while the sports trainers gravitated to the easy money they could make off weak traders; then at some point a few military trainers came into the picture. Nowadays the financial industry is open game for psychiatrists and psychologists.
In your post you left out the most knowledgeable sector regarding the brain and the "damage" potential.
Your background and beliefs are demonstrated by your OP here. you can also see that this forum, psychology, so far, is roughly a void on the subject. As in trading, BS in brian science now has short legs although the same old held sway for about 400 years.
When you reread your many threads that just keep popping up and all those chiding and baiting interjections that you and you buddies do, someday you may find out why and it will be a harsh lesson.
It is one of the most amazing things in the world that in most all cultures there is no formal learning on how the body works. It takes quite a while to learn to listen to the internal organs of the body.
You probably cannot list the body's senses, for example. Do you know how the ones you can think of work and connect? No you do not. Getting, informed, as you state, about the brain is still an untouched subject for you.
What would trading be like if a person knew how he worked? physically or mentally????
If I didn't know how you worked, how could I check you out to determine where your wiring is fouled up? There are lots of reasons why different people here can't put two and two together.
If the psychology forum ever got upgraded or some serious threads were moderated, a lot of information could be, at least, put on the table.
A trader friend of mine, Las Vegas and San Francisco based, wrote a book about his trading. It is out of print and sells for three times its original cost, if you can get it. He is a Marine sharpshooter and guarded the US embasy in Japan. Being multiligual and a poker player at high stakes tables, he also calls the college football line in Vegas. He trades a lot of capital and turns down much more. We always talk when we get a chance. He is usually a panelist along with the top US traders at conferences. What is the most interesting parts of our conversations or similar conversations with anyone I am tight with?? The conversation is based on the fact that the timing of trades we do is so very similar. AND the conversation is NOT on trading; trading is a fact acompli for each of us.
It doesn't have anything to do with Tad James, etc, either. That would just be an aspect of the many inside jokes here in ET.
You will pass up yet another opportunity with your words, words, words, mantra. Too bad for you and too bad that the psychology forum can't get any threads off the ground.
Did you ever wonder why the Trading forum doesn't work either???