Faced Trading: Will This Theory Change Your Strategy? | AITopics
Sure, you've heard of game theory. And sure, trading is like a game: you devise a strategy, learn the rules, and try to beat everyone else to the punch, finding trends before anyone else does. You've even heard that letting your emotions get the best of you is a terrible trading strategy. To start to undermine our own self-destructive habits, it helps to understand how the game is geared toward those who figure out the game behind the game: how to play to win by controlling the emotions that lead us to bad decisions. Game theory can be applied to human trading because the object of a trade is to "win" a profit.
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