Session Seven: "The Psychology of Trading: Everything means something."
“He that has eyes to see and ears to hear may convince himself that no mortal can keep a secret. If his lips are silent, he chatters with his fingertips; betrayal oozes out of him at every pore.” – Sigmund Freud
Much of the focus of the articles in this series has been on an internal analysis of our thoughts, emotions, and behaviors. While it is important to understand your own tendencies, it is just as important to track such tendencies in your opponents. As I did in my initial article of the series, I must pay homage to the DLF great, Leo Paciga (@Ciga_FF), for his work to initiate this psychological thought in the dynasty landscape. More specifically, he trailblazed this area by discussing his “notebook” for tracking the tendencies of your leaguemates. This can be extremely valuable information when you approach a trading interaction.
Psychologically, an understanding of interpersonal information and relationships are at the core of dynasty trading. In this analysis, we are trying to move from tracking the self and other, to understanding the self and other.
There have been numerous articles on various sites on the topic of trading, offering tips and tricks for success. We will be working a different angle here, digging into the psychology of what may be going on for both parties involved, and drawing on clinical concepts used in dynamic therapy for personality and interpersonal difficulties. Based on this analysis, we will learn some tactics to help you identify and utilize to your advantage the psychological aspects of dynasty negotiations.