Wed, 14 Oct 2009

Device Protects Day Traders From Emotional Trading

I spotted this earlier today on engadget. Where they have a video. Which is why this is in 'Humor'. It's the one with the businessman in the first frame. It is weird beyond belief.

This is one of those things that's either absolutely brilliant or monumentally stupid. Time will tell.

Philips Electronics, a Netherlands based company, has come up with a device designed to protect day traders from emotionally based trading decisions. The Rationalizer measures your galvanic skin response and lets you know when you are under stress. An online trader can then take a "time-out, wind down and re-consider their actions," according to the company. This may have come too late for us, but at least future generations won't have to live through the horror of angry day trading.

(link) [Slashdot]

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