Aside from being a strong candidate for virtually defining Correlation Is Not Causation, the paragraph<p>"Even within high-frequency trading, comparing the finger ratio only works if traders have equal access to capital and information, and similar risk limits, said Coates [who] was able to adjust the study data to minimize the influence of these factors."<p>gives me pause. You know, with the right correction to the data set, I can make ANYTHING look statistically significant. (Particularly when I'm allowed to try out an arbitrary number of corrections and discard the ones which fail to produce a data set that supports my hypothesis.)