Styliadou, Artemis and Williamson, Simona (2018) NYSE: Emotional Control Sharing Trading Psychology. Asian Research Journal of Arts & Social Sciences, 5 (3). pp. 1-7. ISSN 24564761
Styliadou532018ARJASS39351.pdf - Published Version
Download (180kB)
Abstract
A real-world problem in stock markets is always the emotional control. Obviously, the real question is how to “control” the bad emotions and feelings (e.g. fear and greed), just before the execution orders, rather than to “eliminate” them. In order to address the emotional control problem, this article introduces the innovative concept “Emotional Control Sharing Trading Psychology, ECSTP”, which has been defined as a collaborative trading engineering term. Then, an empirically-tested approach (statistical analysis) is performed in order to initially evaluate the proposed term in real-world NYSE trading strategies as far as the returns are concern. The evaluation result shows an up to 29% improve in returns after the adoption of the proposed term. The implications of the proposed trading approach are pointed to better and more stable decisions with the cost of groupware coordination and communication problems. Always, a well designed and organized collaborative intervention improves groupware efficiency and effectiveness for investment decisions.
Item Type: | Article |
---|---|
Subjects: | STM Academic > Social Sciences and Humanities |
Depositing User: | Unnamed user with email support@stmacademic.com |
Date Deposited: | 26 May 2023 07:20 |
Last Modified: | 02 Mar 2024 04:44 |
URI: | http://article.researchpromo.com/id/eprint/642 |