[ahimsa]

Originally Posted by Tradewinds »

These are the demographics of people who WILL fail according to a poll I took. The sample size was one. I interviewed myself. Attached is a the data file, including statistical analysis.


People who will fail at trading:

1. People with minivans - It's been proven that people with minivans have to many things to do, and can't become totally obsessed with the study of trading.
2. People who like watching court television shows - People who like watching Judge Judy have been studied, and it's been proven that their brains have atrophied.
3. People with degrees in Political Science - People with degrees in Political Science have been proven to not be able to deal with real world situations, and can never face the real solution.
4. Former World Wrestling Federation (WWF) champions - They smash their computer equipment.

People who are most likely to succeed at trading:

1. Nudest - They have no fear of things that are immaterial to trading.
2. Circus Performers - They know how to deal with risk
3. Septic System Cleaners and Garbage Disposal Collectors - They are persistent in the face of difficulty
4. Illusionists - They know the difference between a fake price move and the real thing

This is original material. I just thought it up. Comedians came in fifth for people most likely to succeed at trading.

Tradewinds

nice...i like more the second list ...especially..the 1 and the 4...very nice interwiew,,,.

[TheDude]

Originally Posted by emg »

What demographics is most likely to lose in trading?


#1 Women/Female

Women are the worst traders ever! However, there are 2 kinds of women: Dyke and barbie doll women. Dyke is most likely to become a successful trader than a barbie doll women. Dyke has balls to trade large quantities.

#2 Age 18-30 years old

In this group, they are proud to become an adult. They are proud not to live at home with their parent. They are not married or are in the process of getting marry and will do anything to have fun (bars, nightclub vegas, drugs, etc etc etc). They have limited income and look at trading as gambling. These people will most likely to start trading less than $5000. Can't blame them due to limited income.

#3 Blue Collar workers

In this group, most of them do not have college degree. These group falls in the lower middleclass and lower class. Blue collar define as:

A blue-collar worker is a member of the working class who typically performs manual labor and earns an hourly wage. Blue-collar workers are distinguished from those in the service sector

Majority of this group search for the holy grail system through google search.

#4 Age 65 years old and up

In this group, they are retired after 40 years of working and looking to have fun (enjoy life). Majority of this group are the victim of getting scam by the 3rd party educational vendors.

#5 Age 30-55 years old

In this group, most are in the process of changing career and look at trading as get rich quick after reading many books like soros, warren buffet, etc, etc. They dream of sending their kids to havard. They dream of owning a yacht. They dream of trading at home instead of working at an office. However, it is this group has a higher chance of becoming a successful traders vs others above. They are matured.


I am looking for a good answer. Bring them up!!

1 - they have less emotional attachment apparently, and make good traders in general though few are attracted to a male dominated industry

2 - nothing to lose and so little fear. if they screw up, they just find another career. They have more objectivity but their ego can destroy them if theyre not cut out for it.

3 - these guys tend to have more street smart. more instinct. they dont have the education that blinds college kids into believing theory, laws, natural order, the world owes them a living attitude that just doesnt exist in the market.

4- may get scammed, but also may have the money/nest egg for it to be a hobby and not care, thus benefiting from #2. Depends if they have a good nest egg or not

5- sound desperate to change their lives and unhappy with the 9-5 job/rat race. Too eager to win rather than understand to change their lot in life. I dont think they can win if desperate - they are more likely to gamble in the hope of the dream. Keep throwing money into accounts and losing it. Probably the biggest demographic of losers.

The fact is, if you trade for the money/American dream, the odds are slim. Those who win dont worry about the money. Its only if you can look at the market without a care that you can see what the market is doing and put a position on and manage it with a clear head.

Thats why the boards are full of paper trader millionaires, but as soon as it comes to real money, it all falls apart.

Be happy with what you have in life now. Appreciate it. You have a lot more than 2/3 of the
world who live in poverty. Youre lucky. Markets dont matter. Be happy with what you have, truly happy, then you can move forward.

Read the Bible. Understand Gods Word.

The Dude abides.

[SIUYA]

EMG - post 12 - Show me a woman who’s a competent prop trader. I’ll show you a man in disguise.

I have worked with female traders who are good, and this is an apt description. Its not that women cannot trade, its just that often it seems that they adopt male characteristics to do so. Otherwise EMG, have you recently become divorced or broken up with the girlfriend?