Penn and Teller, from Victor Niederhoffer
I saw Penn and Teller's show with Aubrey. They state there are 7 principles of magic. Palm, ditch, steal, load, simulation, misdirection, switch.
How are these principles of magic carried out in markets. It's a nice classification of deception I think, but I don't know enough about magic to dare to expatiate.
Larry Williams writes:
I would add—big move covers little move and confederate.
Tom Printon writes:
I just finished the book Sleights of Mind by Stephen L. Macknik and Susana Martinez-Conde.
Two neuro scientists get an insiders view of how magicians operate. Many interesting insights on biases and deception. Could help a trader navigate a flexionic world where up is really down and down is really up.
There are some good passages from Teller, and it's worth a read in my opinion.
"Magic tricks work because humans have a hardwired process of attention and awareness that is hackable."