{"id":9539,"date":"2020-10-01T20:31:48","date_gmt":"2023-12-28T17:47:53","guid":{"rendered":"https:\/\/optimusfutures.com\/tradeblog\/?p=9539"},"modified":"2023-12-28T20:53:10","modified_gmt":"2023-12-28T20:53:10","slug":"the-monopoly-experiment-and-traders-ep-56","status":"publish","type":"post","link":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/","title":{"rendered":"The Monopoly Experiment and Traders &#8211; Ep 56"},"content":{"rendered":"<p><iframe title=\"The Monopoly Experiment and Traders - Ep 56\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/GImG3O6ExvE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>No matter how much success a trader has had in the past, it is always important to remain humble.<\/p>\n<p>This episode of the Optimus Future Podcast touches on the Monopoly Experiment which was conducted at the UC Berkeley campus. The experiment involved the secret recording of multiple rigged games of monopoly in which one randomly-chosen player in a randomly selected group was given certain advantages over others.<\/p>\n<p>We discuss how this experiment applies to traders and how success can lead to arrogance, which in turn, can potentially lead to failure down the line due to false confidence. <\/p>\n<p>Sign up for a demo of our new platform, Optimus Flow, here: <a href=\"https:\/\/optimusfutures.com\/OptimusFlow.php\" rel=\"nofollow\">https:\/\/optimusfutures.com\/OptimusFlow.php<\/a><br \/>\n________________________________________________________________________________________________<br \/>\nWant to learn more about Optimus Futures?  Visit our website: <a href=\"http:\/\/www.optimusfutures.com\/\" rel=\"nofollow\">http:\/\/www.optimusfutures.com\/<\/a> <\/p>\n<p>Our commissions, margins, and pricing: <a href=\"https:\/\/optimusfutures.com\/Futures-Tr\" rel=\"nofollow\">https:\/\/optimusfutures.com\/Futures-Tr<\/a>&#8230;<\/p>\n<p>Open an account with us today! <a href=\"https:\/\/optimusfutures.com\/Futures-Co\" rel=\"nofollow\">https:\/\/optimusfutures.com\/Futures-Co<\/a>&#8230;<\/p>\n<p>Check out our community forum: <a href=\"https:\/\/community.optimusfutures.com\/\" rel=\"nofollow\">https:\/\/community.optimusfutures.com\/<\/a><\/p>\n<p>Please don&#8217;t forget to like the video, comment, and subscribe! <\/p>\n<p>THANKS FOR WATCHING!<br \/>\n________________________________________________________________________________________________<br \/>\nTRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE OPTIMUS FUTURES DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUIPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. OPTIMUS FUTURES EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE<\/p>\n<p>#TradingPodcast #FuturesTrading #DayTrading<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>No matter how much success a trader has had in the past, it is always important to remain humble.<\/p>\n<p>This episode of the Optimus Future Podcast touches on the Monopoly Experiment which was conducted at the UC Berkeley campus. The experiment involved the secret recording of multiple rigged games of monopoly in which one randomly-chosen player in a randomly selected group was given certain advantages over others.<\/p>\n<p>We discuss how this experiment applies to traders and how success can lead to arrogance, which in turn, can potentially lead to failure down the line due to false confidence. <\/p>\n<p>Sign up for a demo of our new platform, Optimus Flow, here: https:\/\/optimusfutures.com\/OptimusFlow.php<br \/>\n________________________________________________________________________________________________<br \/>\nWant to learn more about Optimus Futures?  Visit our website: http:\/\/www.optimusfutures.com\/ <\/p>\n<p>Our commissions, margins, and pricing: https:\/\/optimusfutures.com\/Futures-Tr&#8230;<\/p>\n<p>Open an account with us today! https:\/\/optimusfutures.com\/Futures-Co&#8230;<\/p>\n<p>Check out our community forum: https:\/\/community.optimusfutures.com\/<\/p>\n<p>Please don&#8217;t forget to like the video, comment, and subscribe! <\/p>\n<p>THANKS FOR WATCHING!<br \/>\n________________________________________________________________________________________________<br \/>\nTRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE OPTIMUS FUTURES DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUIPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. OPTIMUS FUTURES EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE<\/p>\n<p>#TradingPodcast #FuturesTrading #DayTrading<\/p>\n","protected":false},"author":2,"featured_media":13847,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[920],"tags":[],"class_list":["post-9539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-videos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Monopoly Experiment and Traders - Ep 56<\/title>\n<meta name=\"description\" content=\"No matter how much success a trader has had in the past, it is always important to remain humble. This episode of the Optimus Future Podcast touches on the Monopoly Experiment which was conducted at the UC Berkeley campus. The experiment involved the secret recording of multiple rigged games of monopoly in which one randomly-chosen player in a randomly selected group was given certain advantages over others. We discuss how this experiment applies to traders and how success can lead to arrogance, which in turn, can potentially lead to failure down the line due to false confidence.  Sign up for a demo of our new platform, Optimus Flow, here: https:\/\/optimusfutures.com\/OptimusFlow.php ________________________________________________________________________________________________ Want to learn more about Optimus Futures? Visit our website: http:\/\/www.optimusfutures.com\/  Our commissions, margins, and pricing: https:\/\/optimusfutures.com\/Futures-Tr... Open an account with us today! https:\/\/optimusfutures.com\/Futures-Co... Check out our community forum: https:\/\/community.optimusfutures.com\/ Please don&#039;t forget to like the video, comment, and subscribe!  THANKS FOR WATCHING! ________________________________________________________________________________________________ TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE OPTIMUS FUTURES DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUIPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. OPTIMUS FUTURES EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE #TradingPodcast #FuturesTrading #DayTrading\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Monopoly Experiment and Traders - Ep 56\" \/>\n<meta property=\"og:description\" content=\"No matter how much success a trader has had in the past, it is always important to remain humble. This episode of the Optimus Future Podcast touches on the Monopoly Experiment which was conducted at the UC Berkeley campus. The experiment involved the secret recording of multiple rigged games of monopoly in which one randomly-chosen player in a randomly selected group was given certain advantages over others. We discuss how this experiment applies to traders and how success can lead to arrogance, which in turn, can potentially lead to failure down the line due to false confidence.  Sign up for a demo of our new platform, Optimus Flow, here: https:\/\/optimusfutures.com\/OptimusFlow.php ________________________________________________________________________________________________ Want to learn more about Optimus Futures? Visit our website: http:\/\/www.optimusfutures.com\/  Our commissions, margins, and pricing: https:\/\/optimusfutures.com\/Futures-Tr... Open an account with us today! https:\/\/optimusfutures.com\/Futures-Co... Check out our community forum: https:\/\/community.optimusfutures.com\/ Please don&#039;t forget to like the video, comment, and subscribe!  THANKS FOR WATCHING! ________________________________________________________________________________________________ TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE OPTIMUS FUTURES DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUIPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. OPTIMUS FUTURES EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE #TradingPodcast #FuturesTrading #DayTrading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/\" \/>\n<meta property=\"og:site_name\" content=\"The Trading Blog - Optimus Futures\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/OptimusFutures\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-28T17:47:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-28T20:53:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/optimusfutures.com\/blog\/wp-content\/uploads\/2023\/12\/hqdefault-43.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Optimus Futures\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@optimusfutures\" \/>\n<meta name=\"twitter:site\" content=\"@optimusfutures\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Optimus Futures\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/the-monopoly-experiment-and-traders-ep-56\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/the-monopoly-experiment-and-traders-ep-56\\\/\"},\"author\":{\"name\":\"Optimus Futures\",\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/#\\\/schema\\\/person\\\/f5eb05e3fc424a12fef6b0b8e65aa123\"},\"headline\":\"The Monopoly Experiment and Traders &#8211; Ep 56\",\"datePublished\":\"2023-12-28T17:47:53+00:00\",\"dateModified\":\"2023-12-28T20:53:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/the-monopoly-experiment-and-traders-ep-56\\\/\"},\"wordCount\":307,\"publisher\":{\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/the-monopoly-experiment-and-traders-ep-56\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/hqdefault-43.jpg\",\"articleSection\":[\"Videos\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/the-monopoly-experiment-and-traders-ep-56\\\/\",\"url\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/the-monopoly-experiment-and-traders-ep-56\\\/\",\"name\":\"The Monopoly Experiment and Traders - Ep 56\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/the-monopoly-experiment-and-traders-ep-56\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/the-monopoly-experiment-and-traders-ep-56\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/optimusfutures.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/hqdefault-43.jpg\",\"datePublished\":\"2023-12-28T17:47:53+00:00\",\"dateModified\":\"2023-12-28T20:53:10+00:00\",\"description\":\"No matter how much success a trader has had in the past, it is always important to remain humble. 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Check out our community forum: https:\\\/\\\/community.optimusfutures.com\\\/ Please don't forget to like the video, comment, and subscribe! THANKS FOR WATCHING! ________________________________________________________________________________________________ TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE OPTIMUS FUTURES DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUIPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. 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This episode of the Optimus Future Podcast touches on the Monopoly Experiment which was conducted at the UC Berkeley campus. The experiment involved the secret recording of multiple rigged games of monopoly in which one randomly-chosen player in a randomly selected group was given certain advantages over others. We discuss how this experiment applies to traders and how success can lead to arrogance, which in turn, can potentially lead to failure down the line due to false confidence.  Sign up for a demo of our new platform, Optimus Flow, here: https:\/\/optimusfutures.com\/OptimusFlow.php ________________________________________________________________________________________________ Want to learn more about Optimus Futures? Visit our website: http:\/\/www.optimusfutures.com\/  Our commissions, margins, and pricing: https:\/\/optimusfutures.com\/Futures-Tr... Open an account with us today! https:\/\/optimusfutures.com\/Futures-Co... Check out our community forum: https:\/\/community.optimusfutures.com\/ Please don't forget to like the video, comment, and subscribe!  THANKS FOR WATCHING! ________________________________________________________________________________________________ TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE OPTIMUS FUTURES DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUIPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. OPTIMUS FUTURES EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE #TradingPodcast #FuturesTrading #DayTrading","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/","og_locale":"en_US","og_type":"article","og_title":"The Monopoly Experiment and Traders - Ep 56","og_description":"No matter how much success a trader has had in the past, it is always important to remain humble. This episode of the Optimus Future Podcast touches on the Monopoly Experiment which was conducted at the UC Berkeley campus. The experiment involved the secret recording of multiple rigged games of monopoly in which one randomly-chosen player in a randomly selected group was given certain advantages over others. We discuss how this experiment applies to traders and how success can lead to arrogance, which in turn, can potentially lead to failure down the line due to false confidence.  Sign up for a demo of our new platform, Optimus Flow, here: https:\/\/optimusfutures.com\/OptimusFlow.php ________________________________________________________________________________________________ Want to learn more about Optimus Futures? Visit our website: http:\/\/www.optimusfutures.com\/  Our commissions, margins, and pricing: https:\/\/optimusfutures.com\/Futures-Tr... Open an account with us today! https:\/\/optimusfutures.com\/Futures-Co... Check out our community forum: https:\/\/community.optimusfutures.com\/ Please don't forget to like the video, comment, and subscribe!  THANKS FOR WATCHING! ________________________________________________________________________________________________ TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE OPTIMUS FUTURES DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUIPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. OPTIMUS FUTURES EMPLOYS PHONE SUPPORT IN THE EVENT OF PLATFORM FAILURE #TradingPodcast #FuturesTrading #DayTrading","og_url":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/","og_site_name":"The Trading Blog - Optimus Futures","article_publisher":"https:\/\/www.facebook.com\/OptimusFutures","article_published_time":"2023-12-28T17:47:53+00:00","article_modified_time":"2023-12-28T20:53:10+00:00","og_image":[{"width":480,"height":360,"url":"https:\/\/optimusfutures.com\/blog\/wp-content\/uploads\/2023\/12\/hqdefault-43.jpg","type":"image\/jpeg"}],"author":"Optimus Futures","twitter_card":"summary_large_image","twitter_creator":"@optimusfutures","twitter_site":"@optimusfutures","twitter_misc":{"Written by":"Optimus Futures","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/#article","isPartOf":{"@id":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/"},"author":{"name":"Optimus Futures","@id":"https:\/\/optimusfutures.com\/blog\/#\/schema\/person\/f5eb05e3fc424a12fef6b0b8e65aa123"},"headline":"The Monopoly Experiment and Traders &#8211; Ep 56","datePublished":"2023-12-28T17:47:53+00:00","dateModified":"2023-12-28T20:53:10+00:00","mainEntityOfPage":{"@id":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/"},"wordCount":307,"publisher":{"@id":"https:\/\/optimusfutures.com\/blog\/#organization"},"image":{"@id":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/#primaryimage"},"thumbnailUrl":"https:\/\/optimusfutures.com\/blog\/wp-content\/uploads\/2023\/12\/hqdefault-43.jpg","articleSection":["Videos"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/","url":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/","name":"The Monopoly Experiment and Traders - Ep 56","isPartOf":{"@id":"https:\/\/optimusfutures.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/#primaryimage"},"image":{"@id":"https:\/\/optimusfutures.com\/blog\/the-monopoly-experiment-and-traders-ep-56\/#primaryimage"},"thumbnailUrl":"https:\/\/optimusfutures.com\/blog\/wp-content\/uploads\/2023\/12\/hqdefault-43.jpg","datePublished":"2023-12-28T17:47:53+00:00","dateModified":"2023-12-28T20:53:10+00:00","description":"No matter how much success a trader has had in the past, it is always important to remain humble. This episode of the Optimus Future Podcast touches on the Monopoly Experiment which was conducted at the UC Berkeley campus. The experiment involved the secret recording of multiple rigged games of monopoly in which one randomly-chosen player in a randomly selected group was given certain advantages over others. We discuss how this experiment applies to traders and how success can lead to arrogance, which in turn, can potentially lead to failure down the line due to false confidence. Sign up for a demo of our new platform, Optimus Flow, here: https:\/\/optimusfutures.com\/OptimusFlow.php ________________________________________________________________________________________________ Want to learn more about Optimus Futures? Visit our website: http:\/\/www.optimusfutures.com\/ Our commissions, margins, and pricing: https:\/\/optimusfutures.com\/Futures-Tr... Open an account with us today! https:\/\/optimusfutures.com\/Futures-Co... Check out our community forum: https:\/\/community.optimusfutures.com\/ Please don't forget to like the video, comment, and subscribe! THANKS FOR WATCHING! ________________________________________________________________________________________________ TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED EXECUTION, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION. SINCE OPTIMUS FUTURES DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA INTERNET, CONFIGURATION OF YOUR EQUIPMENT OR RELIABILITY OF ITS CONNECTION, WE CANNOT BE RESPONSIBLE FOR COMMUNICATION FAILURES, DISTORTIONS OR DELAYS WHEN TRADING VIA THE INTERNET. 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