There are two types of trader

two types of traderYears of working in proprietary trading firms, banks and hedge funds have taught me there are two types of trader:

One who is drawn to trading for negative reasons; the other how is drawn for positive ones.

The person who is drawn to trading for negative reasons is looking for an escape. Perhaps it’s an escape from working 8-to-5 routine; perhaps it’s an escape from working for someone else; perhaps it’s an escape from past failures and shortcomings; perhaps it’s an escape from hard work.

In all those cases, trading is the playing out of a fantasy – the hope that it will be possible to be maximally successful with minimal efforts

Those drawn to trading for positive reasons find in trading an ideal fit of values, skills and interests. Trading becomes an expression of their identity –an exercise of their strengths, not an avoidance of their vulnerabilities.

Brett Steenbarger

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites

One Comment

Comments are closed.