Interview with Denise Shull

She is using neurobiology to better understand traders' behavior and also to advise traders.  Here is one bit:

StockTickr: What single lesson did you learn along the way that has helped you the most in your trading?

Denise: Learn how to process your emotions in real time. so that the emotion is not “acted out” in trade entries or exits.

Here is a recent article on Denise Shull.  Unlike many contemporary researchers in her field, she still has a real attachment to Freud.  "Emotional intelligence" for traders is perhaps a good summary of her core message.  I wonder how many professions (bloggers? no) are lucrative enough to afford paid emotional intelligence consultants.

Via Daniel Hawes, here is a piece on how length-ratios of second and fourth digits predict success among high-frequency stock traders.  I can't say I'm convinced that "prenatal androgen exposure may affect a trader by sensitizing his subsequent trading performance to changes in circulating testosterone" but it's worth a read.


The most recent ESPNmag has Phil Ivey on the cover and the article basically says the same thing about the best of the best poker players.

Unequivocally, a load of crap. As someone with both formal training and postgraduate research in psychology and experience as a broker in the futures market, I have seen many people like Drull and they are selling a lie. This is perhaps more insidious than other New Age type dross in how well it disguises itself as science. Credentials mean nothing for how strong your research skills or how accurate your claims are. This is for people who for whatever reason seek solace, in the same way they might see a psychic.

The digit ratio stuff is fairly well-known in evolutionary psychology. See John T. Manning, Digit Ratio: A Pointer to Fertility, Behavior, and Health, Rutgers UP, 2002. Note that I've not read the book and make no claim about its arguments and evidence.

Comments for this post are closed