I’m posting this in the Trading Topics category as I feel it is very relevant (and important) trading related subject matter.
Excellent article on the attachment of traders to markets, with particular emphasis given to the FX market in many instances.
Highly recommend everyone find the time to read this - a great read, a perspective on trading psychology most traders don’t get exposed to at all if not often.
Excerpt from the paper:
For traders, the most fascinating part of their environment is the market - with which they appear to be excessively engaged not only during working hours but also during evenings and weekends.
Traders sometimes describe this intense engagement in interviews and conversations (Schwager, 1992), but this literature fails to account for it. In this article, we offer a framework for conceptualizing traders' engagement with the market as an instance ofthe wider phenomenon ofpostsocial relationships.
A crucial component of this conception which we want to discuss up front is the computer 'screen', by which we also mean the dealing and information systems it embodies.