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Old 09-27-2006, 07:02 PM
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Can successful Traders have a conscience?

This is a very interesting question, and not one which I have seen mentioned.

Can successful Traders have a conscience?

When a Trader is in working mode, I do not think that they can afford to have a real conscience, and also be successful. To have a conscience is to deal on emotion.

A good Trader will only see a commodity, not the investment itself. They are always dealing on trends / fundamentals, and have no feelings for or against the underlying investment.

E.g. they would have no problem dealing in Tobacco or Gambling stocks, to name but a few.

I believe that you could give a Trader a number of graphs, and not even price them, or say what they are, and they could make their mind up about a possible trade.

What do you think?

OBVIOUSLY THIS ONLY APPLIES TO LEGAL INVESTMENTS

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