i don't like addressing the stock market as
"it"
the reason is simple
i don't think stock market is a non-living thing!
afterall, we use "it" only for non-living things.
--
so,
considering the market as alive
and kicking (literally)
should i address it as
"he" or "she"?
--
big dilemma!
--
fortunately
i have to my rescue
john gray's masterpiece
"men are from mars, women are from venus"
in it
john gray has presented
many starking different characteristics of
men and women!
--
at one place he says
that women are like waves!
just like waves, they go thru ups and downs of moods.
when you see one
with upset mood
without any apparent cause
don't try to see reason or logic into it!
similarly,
if you find your wife
in a superb mood
but can't figure out
any sensible reason to be ecstatic
don't scratch your head!
it is all natural
and ok
and fine!
nothing abnormal about it!
--
i find this description
perfectly matching that of the market!
they, too, move in waves!
they go up and down
defying fundamental limits!
many times
their mood fluctuations
are beyond logic!
at times
they are plain bizarre!!!
--
so i have got my answer!
stock markets are feminine
and hence should be addressed as"she"
--
but that leads me to the second
and logical counter-question
"if market is a she
who's he?"
--
well,
for the answer to this one
i once again have to take john gray's help!
in his mega-hit book
he goes on to say
that men are like rubber bands!
being human
they too are subject to fluctuations in the mood
but unlike women
they don't display waves of moods.
instead,
whenever they are hit by "mood"
they simply withdraw from the scene
till they get "normal"
and then
like "rubber bands"
come springing back
equally forcefully
as when they had retreated!
nobody knows
why they went away
and why they have come back!!!
--
i see these traits
similar to the traits of a trader!
when hit by the unpredictable and unfathomable
mood fluctuations of "she" market,
the traders just withdraw from the market!
they don't share anything with anyone!
they just pack-up
pick-up
and leave from "the pit"!
strangely
just like "men" and "rubberbands"
they come back once they have drowned their sorrow
or evaporated their profits!!!
--
so, the traders are the "he"
in this story.
and
it doesn't matter
whether the trader is a man or a woman!
--
and ultimately
"she" always has the last word!
Showing posts with label women traders. Show all posts
Showing posts with label women traders. Show all posts
Tuesday, January 11, 2011
Saturday, September 4, 2010
why women are better traders than men?
5% of the total traders are women.
But if you consider only successful traders, the percentage is higher of the women!
Reasons are not hard to find!
Women are less arrogant.
They rarely get stuck up in bad trades.
They don't have the proverbial "Male Ego" that shouts "I can't be wrong!"
Men are "tough-enough" to withstand the pain of adverse market moves and thus "naive-enough" to keep their accounts bleeding rather than let their ego bleed.
Women traders simply follow - the money!
Being profitable is more important for them than being right!
They are flexible in their mindset.
They don't trade with preconceived prejudices and notions.
They are more at home with the idea of "take it as it comes".
Women traders are more disciplined and less lazy.
As an inference from John Gray's masterpiece "Men are from Mars, Women are from Venus"
- Women traders like communication. They are more alert to anything the market is trying to say!
- Male traders like power. Anything that makes them feel powerless is likely to cause immense discomfort and hence compromised decision.
So, what can male traders do?
As Osho said
"Awareness about the fact is itself the liberation!"
But if you consider only successful traders, the percentage is higher of the women!
Reasons are not hard to find!
Women are less arrogant.
They rarely get stuck up in bad trades.
They don't have the proverbial "Male Ego" that shouts "I can't be wrong!"
Men are "tough-enough" to withstand the pain of adverse market moves and thus "naive-enough" to keep their accounts bleeding rather than let their ego bleed.
Women traders simply follow - the money!
Being profitable is more important for them than being right!
They are flexible in their mindset.
They don't trade with preconceived prejudices and notions.
They are more at home with the idea of "take it as it comes".
Women traders are more disciplined and less lazy.
As an inference from John Gray's masterpiece "Men are from Mars, Women are from Venus"
- Women traders like communication. They are more alert to anything the market is trying to say!
- Male traders like power. Anything that makes them feel powerless is likely to cause immense discomfort and hence compromised decision.
So, what can male traders do?
As Osho said
"Awareness about the fact is itself the liberation!"
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