Close

trading discipline

Interview with Ed Seykota

By Thom Hartle Abstract / Introduction: Ed Seykota, whose thoughts and insights were chronicled in Jack Schwager’s book Market Wizards, has been involved with trading commodities since the late 1960s. According to Market Wizards, Seykota’s “model account” — an actual customer account — started with $5,000 in 1972 and to date […]

Read More

Do professional traders exhibit loss realisation aversion

By Peter R Locke, Steven C Mann November 2000 Abstract / Introduction: Recent evidence (e.g. Odean, 1998a) describes investor behavior that is at odds with traditional economic theory.  These alternative behaviors, such as those consistent with the disposition effect or overconfidence, form the basis for recent “behavioral” explanations for asset returns […]

Read More