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The Business of Trading: 101 steps to trading success by John Piper

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46. How Many Brains Do You Think You Have?

More on trading psychology I’m afraid and another quite long piece. But this is an important issue and having got to module #46 I think I can safely say that you have shown a clear interest in the subject. We do touch again on a number of points we have covered already but repetition is the essence of learning.

In this article I want to explain how the human brain interact with markets.

If a giant python slithered its way into your bathroom as you played with your rubber duck would you:

a. think through the logistics of how it got there

b. feel a warm glow as you admire the rich colours of the snake and the way in which the light gleams on its pointed fangs

c. get the hell out of there as quickly as ...

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