Why we need more (good) female traders

I can suggest 5 good reasons why we need more women traders,which are as follows:_

  1. They’re quicker to admit ignorance.

  2. They’re more likely to seek help and advice from others.

  3. They’re better at specific goal-setting.

  4. They do more “homework.”

  5. They’re generally more cautious about risk.

I have to say that I don’t think it possible to generalise the traits of roughly half the population of the planet.

True!

It is a difficult thing, complimenting someone’s gender without type-casting …

How are you, Simon? So good to hear from you, it has been a while!

Yes, have just been busy with a number of things, young family and all that, but still here, still trading and enjoying life. So I am very well, thank you.

How are things with you?

Hello Simon,

yes, I know how busy a father you are!

I am doing fine, thank you… Trading is now more of a ‘hobby’, because my dreams of big gains (and one of my accounts)

have been liquidated, so it is pennies for now and, maybe, accruing a decent pension fund with time, slowly!

So, more conservative than aggressive speculation on my part means a steadier return rate… I am also back to using

my demo account to try things and wait for confirmation of a good trade before putting real money on the table…

That is all for now!

What about your trading?

Wow! Someone more scarce than me.

Nice article!Thank you

Thank you! Do you have a female perspective of

your own to share with us?

Senior female Morgan Stanley trader joins hedge fund less than a year after promotion - eFinancialCareers

This made me feel proud of myself as a female trader. Thank you for such great thoughts and inspiration.

“Systematic trading takes the emotion out of trading.
When a trader is forced to sell at a loss, he takes that home with him.
A black box doesn’t care.”

Leda Braga (a.k.a. “Lady Braga”), Ph.D.
CEO of Systematica Investments
as quoted in the 2 Mar 15 issue of [I]Bloomberg Businessweek[/I]
which calls her “the top woman in the hedge fund business”

(and she rides a Ducati Monster 700 motorcycle)

Two articles about Leda Braga — HERE and HERE

Anyone who rides a Ducati (any Ducati) makes me notice :slight_smile:

There goes my bias…

Great article and quote… SUPER FIND, CLINT!

An article from two months ago by the journalist Brianna Valleskey of the American financial media outlet Benzinga, covers ten new finance and trading women professionals that can be found on Twitter:

Benzinga - Actionable Trading Ideas, Real Time News, Financial Insight

Hello traders, you may have heard about this case…

It has come to an end…

We need for female traders, they say women make better traders than men, because they dont let pride get in their way like men do, therefore, they cut their losses short faster than men.

Very interesting thread. I guess each gender has their pros and cons in their way of trading, but I also agree that the presence of more good female traders would balance the scale.

HI. Im Laura. I think women can be different and trade differently.

Thank you, Madinvex, ‘Sweaty’, and FxStrategist!

Yes, each gender has its drawbacks… As a man, I know that I can be too aggressive or confrontational, which

is partly aggravated by that part of the brain that shuts down emotional empathy with the person in front of you. When faced with

a ‘fight or flight’ situation, women can be better than men at diffusing tension… But nobody wants to be stereotyped,

and I know that if I am aggressive it is no use saying that it is ‘because I am a man’: I have to deal with it as a personal

issue, affecting my relationship with people around me at certain times. Equally, women who experience being pushed

aside by more aggressive types (the fact that it happens to be mostly men is not to say that all men are more aggressive)

cannot just blame it on ‘because I am a woman’ but must wonder if there is anything that they can do individually to

not be seen as ‘shrinking violets’ in the workplace…

What my thread is trying to do is to educate myself, and to raise awareness in other forum users, of how much

gender bias is a part of daily life, and how it can affect negatively both men and women; in the trading context,

at certain levels, women fare the worst because the ‘other’ camp (the male camp) has the upper hand historically,

through men linking hands with more men and protecting its own privilege (the ‘old boys’ factor).

I think that it is good to be open about ***ism and negative gender bias because to shove it under the carpet and

say that everything is okay - look, we have one woman CEO in THAT company! - is just not really the way forward…

It would be interesting to hear from women traders here (e.g. ‘Sweaty’) and their experiences of gender bias,

if not in trading then in other places (e.g. going to a car showroom, discussing ‘male’ things with other people,

going for a job and be excluded as the only woman in the office, etc)…

Cheers

Women are more cautious. So they are more likely to win more often but at the same time small sums

The rise of the female trader | City Index