Why we need more (good) female traders

There is a bit in here about women in trading…

https://www.goldmansachs.com/careers/blog/posts/gs-hosts-womens-trader-academy.html

Very interesting

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Certainly women are better traders than men. And there are many examples.

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We.continue to hear that there is no problem with the industry… I beg to differ, and this article is one in a long list that shows why all is not well.

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Hey traders!

This new interview with Linda Raschke just came out:

The problem is that when you involve girls in a boys game it becomes inherent to create competition - call it masculinity or even the ability to flash your feathers like a peacock… and that’s why girls will win, as we “boys” fight in the back office about who gave whos number to whom.

Maybe gay traders would make a killing, do we have a thread for that yet?

Edit: the word “gay” is openly used in the UK, so I hope it causes no offense!!

image

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This one’s not trading related but also goes to show how this type of issue affects any industry that’s male-dominated.

In 2015, for instance, Hyerim Lee, a professional competitor known as MagicAmy in another popular game, Hearthstone, was accused by a fellow player of being nothing more than a pretty face and a front for an anonymous man or team of players. These accusations led to an investigation; Ms. Lee was vindicated and her employer, the team Tempo Storm, offered to “support MagicAmy in an attempt to clear her name.” However, in the wake of the negative attention, Ms. Lee opted to retire from professional play instead.

In 2016, another professional player — this time an Overwatch specialist — named Kim Se-yeon and known as Geguri, also faced charges of cheating from her male competitors, though in her case she was accused of simply hacking the game itself, not of having a man play for her. At least two players were so confident that she must have been pulling the wool over the community’s eyes that they staked their careers on it, promising not only to apologize but also to retire from the league if they were proved wrong. To their credit, they did so following a live-streamed event where she demonstrated her preternatural mouse skills for all to see.

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Why is there so much insistence nowadays that males are dreadful and females are forever being picked on - when clearly the dynamics of this thread and these posts appear to demonstrate the reverse ?

Hot from the press (published today), a really good, comprehensive article about women and ethnic minorities in US boardrooms:

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If not for any other thing women are more calm and cool head, and I think that is a good character to posses in the market.

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We need more female traders so I can marry one :wink:

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This theory is kind of convincing, but I can’t really say that every point here is absolutely true. #5 Trading can be very logical and systematic (guys are more prone to use logic and think logically). Many women in the current generation are known to beat men when it comest to thinking logically and making technical analysis. They also know how to plan and stick to their plans. So if they are few in the market, probably #2 makes more sense to me. Women, even those who gamble, don’t see gambling as a noble profession

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Well said!

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To get this straight up, take a moment to watch women who drive. They are very careful and take their time, this easily describes their calm demeanor in dealing with things, am sure it can work well for them when applied to forex.

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I’m female and I think I’m a pretty good trader

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Thanks for dropping by.

Out of curiosity, how did you get into trading financials?

A lot of people recommended it

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Women executives who operate in the securities markets tend to be the ones who get the best external or internal advice from the investing experts, seek and obtain better financial information and, in addition, they are more prudent, responsible, cautious and logical, when managing the investments of your company or the technical advice of your preferred customers

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