I read with great interest an article in the Straits Times yesterday that linked the amount of testosterone in the body and the rise in the stock market. I managed to find the same article in the internet here. In the article, it mentions that traders performed better when they had higher morning levels of testosterone. This finding intrigued me. The two researchers involved found that “when traders did well and made money, they didn’t do it solely through cleverness and cerebral dexterity.” You mean the years of experience of a trader doesn’t really matter? Does it mean that a newbie with higher morning levels of testosterone can whip apart an experienced trader? That’s what the experimental results are suggesting but I cannot quite agree with it. Experience does matter and the sample size ...