United States has been found with majority of professional stock market traders who are young males. The new evidence suggested that the biology constituting a person strongly influences their trading behavior. The new study highlighted the consequences of it and told that it can lead to fluctuations in the market.
High anabolic steroid levels can cause traders to overestimate future stock values. It can really lead to dangerous question marks on prices and subsequent crashes. The study was conducted by Amos Nadler of the Ivey Business School at Western University, Peiran Jiao of the University of Oxford, Paul Zak and Veronika Alexander of the Center for Neuroeconomics Studies at Claremont Graduate University and Cameron Johnson at the Behavioral Health Institute at Loma Linda. The study was titled “The Bull of Wall Street: Experimental Analysis of Testosterone and Asset Trading.” Larger prices bubbles were formed amongst the group receiving high anabolic steroid.
By: Bhavna Sharma