An analysis of the profiles and motivations of habitual commodity speculators

✍ Scribed by Canoles, W. Bruce; Thompson, Sarahelen; Irwin, Scott; France, Virginia Grace

• Publisher: John Wiley and Sons
• Year: 1998
• Tongue: English
• Weight: 250 KB
• Volume: 18
• Category: Article
• ISSN: 0270-7314
• DOI: 10.1002/(sici)1096-9934(199810)18:7<765::aid-fut2>3.0.co;2-u

✦ Synopsis

about missing a move in the market by being on the sidelines than about losing by being on the wrong side of a market move; that is, being in the action is more important than the financial consequences. Participating brokers confirmed that for the majority of the speculators studied, the primary motivation for continuous trading is the recreational utility derived largely from having a market position.