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What Makes Us Trade? - The Dopamine Effect! What is dopamine and how does it influence traders? What is the role of dopamine in the brain? Do you believe that dopamine can affect the brain? How much dopamine is too much for a trader? As humans we have a tendency to get addicted to dopamine. But if we're not careful dopamine can lead to trading addiction. OK.
Drugs, Sex and Stocks: How Your Brain Works When You Trade
- Feel good chemical
- Food, sex, drugs, gambling
- Dopamine reduces from same stimulant
- Crave more
- It is the unknown risk/reward
- Trading for the 'hit'
- Size = More 'hit'
- Big win = More 'hit'
- Unknown - More 'hit'
This is why increasing trading size should be done very carefully to avoid the dopamine hit. Don't day trade just because you enjoy to trade and get the dopamine hit!
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Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads.
Sign up with Trade Nation:
http://www.financial-spread-betting.com/ccount/click.php?id=95π Disclaimer π
81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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https://www.youtube.com/watch?v=_CNJ33neUcUAbout the Site π
This site provides links to random videos hosted at YouTube, with the emphasis on random. π₯
Origins of the Idea π±
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. π§
Challenges Faced π€
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. π
Creating Truly Random Links π οΈ
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube πΊ
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. π
Content and Users π΅
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact π€
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. π
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