Tag: traders

‘Gut feelings’ help make successful traders

While browsing various papers I recently came across an academic report publish in Nature, entitled the unfriendly – ‘Interoceptive Ability Predicts Survival on a London Trading Floor’.

Basically speaking, researchers show that ‘gut feeling’ does indeed contribute to successful trades. You can read the full report here: –

https://www.nature.com/articles/srep3298

If you don’t want to wade through this, here are the key elements: –

First off, Physiologists often use the term ‘gut feeling’ as a colloquial synonym for any interoceptive sensation …

13/11/2016 | By Peter Webb | Reply More

Are traders really the dominant force on Betfair?

You often read about traditional backers (or layers) moaning how traders ‘mess up’ the market.

I’ve posted elsewhere on the blog that I actually think trading creates a range of new opportunities for traditional strategies because they often chase prices into value territory, without actually realising it. So much so that I’ve started taking advantage of outlier prices. But that point aside, I do often wonder just how much trading goes on and on what scale? We already know you …

07/12/2012 | By Peter Webb More

How many racing traders are there?

I often get asked how many traders are on the exchanges, how much volume do they do etc? The honest answer is that I currently don’t know, but I can confirm roughly how many existed a few years ago.

Back in 2003 Betfair issued a document that actually clearly laid out what a market looked like. In the document they looked at a horse race and showed how many people placed back bets only, how many laid only and how …

11/05/2009 | By Peter Webb More

Million dollar traders

Watched the second part in this series and I’m still not sure what these guys have been taught but it’s not the sort of trading room I know.

I started messing around with the stock market in the mid eighties and eventually set off properly in the 90’s. By then the Internet was picking up speed and I remember using Compuserve to place an order via Etrade! Things have moved on a lot since then and ECN’s and a proliferation …

22/01/2009 | By Peter Webb | Reply More