Device Protects Day Traders From Emotional Trading

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.

This is a great change

[royallthefourth]

Now all day traders will be making rational, informed decisions instead.

Obvious:

[fuzzyfuzzyfungus]

"Look Dave, I can see you're really upset about this. I honestly think you ought to sit down calmly, take a stress pill, and think things over. "

Let me guess...

[93 Escort Wagon]

This is something new from Google Labs, right?

Does it come with black hair dye?

[entrice]

"Users wear a device called the EmoBracelet that senses stress and makes an accompanying lighted bowl, or EmoBowl, change color and flicker from yellow to red as emotions become more intense." Something makes me think this is being targetted towards a younger market.

Re:galvanic skin response = wheatstone bridge

[Shakrai]

Add a transistor to drive a meter and you have most of a Scientologist's E-meter.

I hope you have a good lawyer, cuz Tom Cruise is about to sue you ;)

benthalus

[benthalus]

Is this a quasi-legitimate use of an E-meter? I hope the Church of Scientology doesn't get wind of this, we all know how litigious they are.

Re:I've known a lot of day traders. . .

[tverbeek]

Yeah, if they're behaving irrationally, expecting them to respond rationally to a device telling them that seems... optimistic. "Calm down!? Don't f*^&ing tell me to calm down!"

Re:Is day trading a good thing?

[Xugumad]

> They just happen to be the sharks, while most people are the tuna.

Which makes the hyper-scalping (sub-second round trip) automated trading platforms some sort of T-1000, right? :)

Re:I've known a lot of day traders. . .

[esmrg]

that sucker is flying through a window.

The device or the trader?

Re:Is day trading a good thing?

[Teun]

No no no!

The good ones never leave their screen.

It's the slackers that take the time to meet up with the girls..