you know i keep wondering what would happen if someone did a study of the following. much like a placebo experiment.
both groups are to trade to the best of their ability to make the highest gains possible.
give group A limited virtual credits and tell them that it represents real money. any profits they make above the initial amount they get to keep. this would bring the element of real world money to their thought process.
give group B limited virtual credits and tell them they are just that. no promise of profit sharing mentioned but an emphasis is made so that they do trade to the best of their ability.
in your opinion who will make the highest profits and why?
i think even though group B would not take it as seriously, and for this reason, they will make better gains as the element of fear, greed and general emotions attached to real money are removed enabling them to have a clearer thought process.