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Trader exercise by Bloomberg

Discussion in 'Trading/Investing Resources' started by skc, Jul 14, 2016.

  1. skc

    skc Goldmember

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  2. Gringotts Bank

    Gringotts Bank

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    So far I'm 8:3 W:L, after 11 reps.

    I like this a lot... thanks. Have registered.

    Explanation found here https://www.traderbrainexercise.com/Home/About

    "...research indicates is the power behind this mysterious “X-factor.”". Right up my alley!

    I can think of heaps of ways to use this in training and live trading.
     
  3. Wysiwyg

    Wysiwyg Everyone wants money

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    I likened it to dogs interacting. A bull terrier goes outside the yard and a bitsa (and its bitch) turn up. The bitsa gives the bull terrier a bit of cheek and gets chased. The bitsa thinks it's a game and has another chop. The bully doesn't want to play and goes back in the yard with the bitsa's bitch. :1luvu: The bitsa goes up to the gate to goad the bully some more and try to woo his bitch back.

    Don't know what the connection to trading is though.
     
  4. skc

    skc Goldmember

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    Here's the full text

    And more details here

    https://www.traderbrainexercise.com/Content/NatureTraderIntuition.pdf

    I can see where they are coming from and their hypothesis... I am slightly unconvinced that the exercise can train the brain in a way that enhances trading performance.

    Sort of... although dogs have faces and expressions so understanding their interaction is somewhat easier.
     
  5. Gringotts Bank

    Gringotts Bank

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    Quickly came around to 50:50 W:L.

    As an exercise, I consider it superior to watching price action bar by bar then predicting the next bar, because logical reasoning should be removed from cognitive processes. Instead of the logical mind interfering with "ahhh, I see a head and shoulders pattern", it has to intuit the answer.

    Anyone else try it?

    I'll try to work out a way to test this empirically then start a thread.
     
  6. Gringotts Bank

    Gringotts Bank

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    Quick test.

    Got 7 out of 9 correct in a row. My eye's in. :cool:

    PSC - down to a low of 52 tomorrow and close 55.
     
  7. Gringotts Bank

    Gringotts Bank

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    Since most questions are a choice of 4, random chance would have you at 25% correct.
    My W:L has dropped further, now 42:56, ie. 43%.

    Also found a paper by an expert in the psychology of trading, a guy who actually lives in Melbourne.

    http://www.istfin.eco.usi.ch/p_bossaerts.pdf
     
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