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Tyler Durden – iAddiction: “I Was A F**king Mess Yesterday”

Summary:
An excellent article from Zero Hedge. Now we have Instagram type trading apps (Robinhood) to trigger instant highs and lows.Social media and gambling have the same addictive psychological mechanism: variable rewards — when you keep performing an action in hopes of getting a possible but unlikely reward. This is the type of behavior that’s the “most addictive and hardest to stop.” Zero Hedge  Tyler Durden - iAddiction: "I Was A F**king Mess Yesterday"

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An excellent article from Zero Hedge. Now we have Instagram type trading apps (Robinhood) to trigger instant highs and lows.

Social media and gambling have the same addictive psychological mechanism: variable rewards — when you keep performing an action in hopes of getting a possible but unlikely reward. This is the type of behavior that’s the “most addictive and hardest to stop.”

Zero Hedge 



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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