The Ordinary Madness of Markets: Inside the minds of traders (video)
- 10 February 2011
With Brent crude at more than $100 a barrel and copper and tin breaking all time records, the commodity markets are roaring ahead.
Globally manufacturing appears to be recovering driving demand and stoking fears of inflation.
But what of the traders who drive these markets in good times and bad. What goes through their minds as the markets rise or, for that matter, fall?
Psychoanalyst Ken Eisold may well have the answer. He has spent time with oil traders from the New York Mercantile Exchange, analysing how they work, compete and think, in a bid to make them perform better.
He found people with brains suited to the fast pace of their work but often suffering from attention deficit disorder, and more at home in a trading pit than in their own homes.
We bring you Ken's detailed analysis here, to help you understand what is going through the heads of those driving the commodity markets.
Is this your experience and do you agree with Ken's analysis? Please let us know …..
The Ordinary Madness of Markets: Inside the minds of traders
- Compulsory in-car cameras to cut insurance costs: would you object?
- Three options for investors to ride out FTSE turmoil
- Retirees raiding pensions next year risk huge tax bills
- Bond markets are pricing much weaker growth
- Bank of England chief economist 'gloomier' on outlook for UK
- Find out which FTSE 350 chief earned 2,000 times the living wage last year
- Second steppers need to find £60k to move home
- Rolls-Royce shares slump on profit warning
- Gov't consults on third-way ISA for P2P lending
- Borrowers shrug of interest rate fears as more opt for tracker mortgages