Scientific data has concluded that a gambler’s brain releases enhanced levels of the pleasure inducing chemical serotonin while the gambler is engaged in the act of risking their money. Science has further confirmed that these serotonin levels quadruple when the individual is actually losing money.
What is science trying to tell us? Could it be that humans are in fact programmed to enjoy the act of losing money when engaged in high risk behavior like gambling? Do these emotional constraints hold us back from reaching our potential?
The act of Forex trading displays many of the same traits as gambling. As a result, if individuals rely solely on their instinctual judgments the odds of incurring a loss in the process is quite high. Recently,the movement toward automated trading has removed a certain amount of the human element, doing away with emotions like fear and greed in place of math and statistical probability. Within the realm of the individual trader many consider the MT4 platform the king. EA’s(Expert Advisers) which act as customization automated trading add ons able to integrate into any MT4 Platform have exploded in popularity by minimizing the negative feelings and emotional elements that can otherwise dominate an individual’s trading style.
Another channel gaining attention for many investors is the use of professional money managers, via
social networking sites. A look at the internet’s latest offerings for the individual investor, shows a
variety of sites where traders are able share each other’s account histories and actually invest with
each other, easily and flexibly. The members of these communities are able to communicate and share
with each other in ways previously considered impossible. The top traders performances are ranked on
leader-boards making the process a merit based search for those who have achieved the best consistent
results. The activity itself leaves negative emotions out of the equation and gives the individual and
the community he is a part of the freedom to achieve financial gains based on performance and choice.
Many say the answer is the village, today the village is global, and your on-line neighbor you profit with
may be sitting down the street, or on the other side of the planet.