Why we need more (good) female traders

Trading Discussion
505

Thank you.

Sadly, when it comes to the financial sector (but not only) true meritocracy fails women and ethnically diverse groups because the gender and/or ethnicity they are born with is in itself a barrier EVEN BEFORE their individual merits.

There are tons of articles on this topic, a few of which I have included in this thread, but if you even read something ike this https://www.diversitylink.co.uk/resource262/1.html it would be enough to make you see why there is an argument for engineering change through quotas, as some Scandinavian countries have done. Some people argue that quotas belittle women and/or ethnic groups, as though they were incapable of successfully getting to the top without a helping hand; others feel that until you rely on the goodwill of, say, the financial companies in the FTSE100 to ‘do their bit’ for diversity within their (mostly) white/male boards, then nothing much will be achieved beyond some well-meaning gestures and promises to do more.

The FT brought out a special edition a couple of years ago called ‘S e x and the City’, which investigated the improving but overall still incredibly women-negative environment in London’s financial sector…

We all know that there IS a problem: coming to a solution is the question.

507

Meet…

ELLAINE ESCUETA

As well as being a retail forex trader, Ellaine is a

real estate investor and founder of Trading Elevated

(now Elevated Trading).

Here are two recent interviews:

  1. with Canadian podcaster and (forex) swing trader Etienne Crete:

    047: Tripling Your Trading Account While You Forgot About It w/ Ellaine Escueta | Desire To TRADE

  2. with American (forex) trader and investor Raman Gill, founder of Trading with Venus:

    Episode 38- Interview With Ellaine Escueta | Trading with Venus

Speaking of Raman Gill, here is her own interview with Etienne Crete:

Following are a few links to Ellaine’s and Raman’s online sources:

a) ELLAINE:

https://www.linkedin.com/in/ellaine-escueta-6207546a/


http://www.elevatedtradingacademy.com/

b) RAMAN:

http://tradingwithvenus.com/about-me/


http://thetaoofselfconfidence.com/blog/raman-gill/ (Interview by Sheena Yap Chan)

Happy Trading

508

Am I missing something here, on here website the link has been removed for verified myfxbook. Seems a little skeptical to me, perhaps?

Account Management Services (Pamm) - Elevated Investments

509

I think I found it:

ElevatedInvestm’s Profile | Myfxbook

510

Hmm - not much happening, rather strange.

Her website does seem to be built around selling a service, rather than a professional FX trader - just an observation. She even provides American Express cards!!

511

Probably. Her Linkedin profile says that she is in real estate, so her forex trading is probably a small sideline.

Raman Gill’s curriculum, on the other hand, is much more oriented toward finance and her profile page seems much more detailed (again, you would have to see her P/L).

512

Here is Diana interviewed om the Futires.Show:

Kiana Danial | FuturesRadioShow

513

http://www.straitstimes.com/business/invest/memymoney-this-girl-is-on-trend

Screenshot 2017-05-29 at 01.16.40.jpg700×472 44.5 KB

515

I very highly doubt that more female traders is going to change macroeconomics so significantly that the bubble/burst aspect diminishes even a little. Traders are no more responsible for bubbles forming than they are for when they burst. Therefore changing the gender makeup of traders is unlikely to make any sort of change to that cycle.

So I have a difficult time believing the premise of the article.

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516

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517

Good to see you back bro but I fear the place has gone to the dogs. Howz things from your end.

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518

Hi PMH! :slight_smile:

Great to see you here again! Hope we’re gonna hear more from you…

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520

We have lots and lots of good female traders, some of them are even better than the male traders, If you wanna find some, all you need to do is to do a little research.

521

[quote=“Whack_Attack, post:520, topic:63703”]
some of them are even better than the male traders [/quote]

Don’t sound so surprised!!! :smiley:

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522

Nah! I am not at all surprised, I am on a break of very ling time and have seen too many female traders who are here to make money and they are making money more than some male traders.

523

Hello ladies (and gent readers),

My name is Vickie, and I just thought I would drop by and introduce myself. I’ve been trading off and on since 2010, and though I actually started my Forex education here at babypips - I haven’t been active on here for a long time. But I’m back and love contributing, I enjoy helping those who are just starting out on this journey - and I know there are so few women in this field! It can be tough because I feel that we are not always taken seriously. But, results speak for themselves, so if we want to change that perception - we have to achieve results. I remember there was a woman on babypips when I first started, I don’t remember her name - but I followed her journal for a long time, she was so inspiring to me! Her name was Nakita maybe? If any of you know who I am talking about, I would love a link to her old journal. Anyway, the point I am making is - she is probably the reason I have made it as far as I have. Simply because I saw that she could do it. I want to be that kind of role model for others. So, If anyone ever wants to say hi or interact, don’t be shy - I’m quite friendly :slight_smile: Unless you’re a jerk, in which case I have no problem telling you where to shove it (lol…not usually a problem with the girl traders). I also have a thread in the journals section, I trade in the price action style. Happy trading everyone!

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524

Could it possibly have been this thread? ( not inferring in any way that you might be a…! :smiley: )

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525

Yes! That is it, wow I can’t believe that thread is still going. Although the OP hasn’t posted in a longtime. But still that is awesome! Thanks Simon, I wasn’t sure about how to find it, and I wasn’t even sure I was remembering her name correctly.

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526

Maybe it is now your “destiny” to continue her work albeit not necessarily on that particular thread! :smiley:

I hope that the OP of this thread, PMH, will notice your appearance here, I know he drops in from time to time…

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527

Hello Vickie, thank you for posting on my thread!

I hope that you will inspire other traders, male but also (and especially) female,

to take control of their finances and do due diligence - of course, this is assuming

having investing capital to begin with (something that is often lacking).

I hope that others, like you, will come out of the woodwork to tell their tales…

PipNRoll and Lexys were two successful traders that I got to know and they

have been profitable, in their own unique ways, with trading (both forex and

other instruments)… These two women were so modest about their achievements

in comparison to a lot of men on here who come out all guns blazing and within

a few months disappear without trace… I just generalise here, but the attitude difference

is clear to all who look…

Of course, it is also impossible for women on a forum to be ‘themselves’: if they are too

friendly they get a lot of men flirting or saying inappropriate things to them; if they are too

harsh they get bombed down with insults for being ‘a b+tch’; if they get angry then they

are, you know, ‘THOSE angry women’… :sa:

And if you are a successful woman trader on a forum (or anywhere) then, given the laws

of demand and supply, you will be treated as something of an icon, a rare thing to put on

a pedestal, and expected to be perfection personified: this too is unrealistic…women, like

men, make mistakes, so you cannot lampoon someone for failing 'because , you know, she

is … a woman’…

Food for thought!

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