Child’s Play

Karen Wong and Daryl Guppy

Chapter 5 in Stocks and Forex Trading:How to Win, 2021, pp 39-44 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In 2009, Northwest Airlines Flight 188 overshot their destination by more than 240 km due to pilot distraction. Both pilot and co-pilot were busy on their laptops. Distractions keep us from focusing on the task in front of us, whether we are flying or trading. I also plead guilty to this. Hunting for food in the cupboard or opening an extra browser tab for yet another interesting website is a distracting displacement activity distracting us from real work. It won’t lead to a potential airline disaster, but it certainly won’t help us find the next trade…

Keywords: Trading; Stock Trading; FX trading; Currency Trading; Forex; CFD; Security Trading; Trading Games; Daryl Guppy (search for similar items in EconPapers)
JEL-codes: G1 G11 (search for similar items in EconPapers)
Date: 2021
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