Statistics And Trading Behavior by Ari Kiev and Ken Grant
ARTICLE SYNOPSIS ...Use statistics to profile patterns of trading behavior as part of an ongoing training program to help traders maximize their performance.
Traders have habits and beliefs
that have significant impact on
their trading, whether they realize
it or not. Introducing a trans-action-
level database, though
designed primarily for risk management,
makes it possible to
identify and examine specific
and measurable patterns of trading
behavior. The database, which we use in our weekly
trading seminars, has enabled us to identify characteristics of
those traders who are successful and those who are not. I...
AUTHOR: Ari Kiev and Ken GrantDATE: AUG 1998SUBJECT: Trading Psychology