Case 2 scientific investigation Essay Example | Topics and Well Written Essays - 250 words

Case 2 scientific investigation - Essay Examplew Lo and Dmitry Repin, the two scholars utilized psycho physiological equipment to approximate heart rate, skin conductance and blood pressure on traders executing real-time trading. Results yielded that the experienced traders had a glower physiological responsiveness to disturbing and abrupt information. Additionally, Oblechner (2004) discovered emotional stability is equally important for a achieverful trader.Traders whose emotional reactions to losses and gains on the extreme positive or negative side show poor trading performance meaning a negative relation between emotional reactivity and successful trading behavior. (Lo and Repin, 2005)Overconfident traders have a tendency of trading too frequently and have the appearance _or_ semblance to ignore danger signs concerning their positions. According to Biais et al., 2001, overconfidence is related to sub-par performance amongst traders in an experimental environment and that co nfirming traders stay with underachieving stock for a long time and sell their winning stocks too early pencil lead to underperformance in the market.Self-awareness is an increased consciousness of ones own emotional and physical state. Traders who have self-awareness have logical debate behind all their behaviors and choices. Traders with self-awareness have a high emotional intelligence associated with long term success rate. (Biais et al,