3 definitions by Datbknight

Psychology of finance.
Money management meets human psychology.

Behavioural finance fills the void where 'efficient market theory', fails to explain a lot of things.

Psyfi refers to studying these behaviours, documenting processes and ways to potentially one day automate financial management completely.

Put it this way, if we can create A.I to replicate the function and ability of our synapses in the form of deep neural networks, then we could use our knowledge of 'PsyFi' to actually apply this to the stock, property and retail markets.

Scienance
Behavioural Finance
This is a PsyFi Trading System. It takes into account, not only economic models, but also the significance and weighting of human discretion, fear and greed, as well as other behavioural models regarding financial decision making.

His PsyFi system made insane returns, while taking into account black swan events!

He's a PsyFi type of trader.

They're some PsyFi gains bro, you should be managing millions!
by Datbknight January 28, 2020
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A person who relies on technical analysis, statistical data and visually interprets data to trade, hedge, reduce exposure for his/ her 401k, on the markets.

Someone who can analyse big trades and the footsteps, (so to speak) unintentionally left by the bigger players and investors/ funds, using the stock/ forex/ bond/ etf charts of an instrument or pair of instruments.
He's a god damn good chartist.

This chartist is bringing back charting from the 1920's in a big way.

The chartist knows his stuff.

I am chartist.

The chartist is he who combines the visual interpretation of reading the charts, like an artist of his own kind.
by Datbknight January 28, 2020
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Behavioural finance

Using scientific theory, data, probability and patterns, applying them to the principles of finance or money management.

More recently, this area has seen a surge in interest and activity, thanks to a parabolic surge in curiousity by fund managers, data scientists and hedge funds, regarding how scientific principles can be applied via neural networks (deep learning etc.) to the lucrative space of money management.
That stock trade shows zero knowledge of scienance.

It's either scienance or gambling.

If you don't understand how scienance works, then you're pretty much guessing.
by Datbknight January 28, 2020
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