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Questions concerning risk taking and speculative trading for a Bsc dissertation
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Questions concerning risk taking and speculative trading for a Bsc dissertation

  #1 (permalink)
Trading Apprentice
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Questions concerning risk taking and speculative trading for a Bsc dissertation

Dear Banker and traders,

I am a third-year Management student in Royal Holloway, University of London. I am currently writing a dissertation as a part of my BSc degree. The topic is on risk taking and speculative trading.

I am writing to you to ask you whether it would be possible to discuss some aspects of your wide experience in this area. It would be extremely beneficial to the progress of my research if we could discuss some aspects of your experience in this area in this post. You do not to answer all of the questions and I am very grateful for every response.

Questions:
1. Do you act sometime on instinct when making a deal or do you strictly follow the regulation?
2. Please give a small example If you acted on your instinct before, when and why it occurs.
3. In your opinion, can banker/traders become successful by only following the regulations? (Please give a reason why you think this way)
4. It is common sense that traders/bankers are under a lot of pressure and have to deal with stressful situations. How do you deal with it?
5. Do stressful situations and pressure increase your performance?
6. What is your opinion on the security regulations within your financial institution? (Are they more of a interference or help for surveillance for you)
7. Have you ever breached a security regulation? If yes, why?

Thank you very much

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  #2 (permalink)
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  #3 (permalink)
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Traders have nothing in common with bankers. Bankers do not follow the regulations they create through their bought politicians. Bankers steal your money and then charge you multiple fees for doing so. We're traders.

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  #4 (permalink)
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There is a recent risk discussion here:

https://futures.io/psychology-money-management/17811-concerning-risk-per-trade-sizing.html

Mike

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  #5 (permalink)
Trading Apprentice
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Thank you for fast reply, I will read through the post and collect some data for my dissertation.

Banker and traders may have different job aspects, but they are undergoing similar emotional stress. I am really interested how banker and trader manage their emotions during their work. If possible could you maybe give me your opinion and talk abit about experience with stressful situtations.

Regards Shichao

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  #6 (permalink)
Site Administrator
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Big Mike's Avatar
 
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You can watch some of the psychology webinars for common behavioral patterns.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #7 (permalink)
Trading Apprentice
Staines Surrey
 
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Posts: 7 since Mar 2012
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Thanks again for your help, I really appreaciate it. Until now I had a hard time to find traders or bankers who were willing to give some primary data for my dissertation. I hope few people in this forum could take some time and maybe answer some questions. I will watch these webinars and try to find some common pattern in behaviour.

Regards Shichao

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  #8 (permalink)
Membership Revoked
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Shichao View Post
Thank you for fast reply, I will read through the post and collect some data for my dissertation.

Banker and traders may have different job aspects, but they are undergoing similar emotional stress. I am really interested how banker and trader manage their emotions during their work. If possible could you maybe give me your opinion and talk abit about experience with stressful situtations.

Regards Shichao

No offense, but you seem a little confused, and, as a result, your questions are poorly formulated. Regardless, you will not find any people of interest here, as this board consists of retail traders.

If you're looking for IBs, try Wall Street Oasis. You'll find the quants at Wilmott and Nuclearphynance. Good luck finding any bank/fund traders!

I think you will find it difficult to get people of interest to speak, especially admitting violations. If you are in London, why aren't you taking advantage of the local resources?

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  #9 (permalink)
Trading Apprentice
Staines Surrey
 
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Favorite Futures: Currency Futures
 
Posts: 7 since Mar 2012
Thanks: 6 given, 0 received


Lornz View Post
No offense, but you seem a little confused, and, as a result, your questions are poorly formulated. Regardless, you will not find any people of interest here, as this board consists of retail traders.

If you're looking for IBs, try Wall Street Oasis. You'll find the quants at Wilmott and Nuclearphynance. Good luck finding any bank/fund traders!

I think you will find it difficult to get people of interest to speak, especially admitting violations. If you are in London, why aren't you taking advantage of the local resources?

No offense taken. I am only a university student with almost no experience in financial sector, I would welcome some advise on how I can improve the stucture of my questions.
I know that people do not like to talk about violations and I hoped that the anonymity of a forum could get me further than personal interviews.
I called and emailed many banks, but none were interested or willing to me.

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  #10 (permalink)
Market Wizard
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Lornz View Post
No offense, but you seem a little confused, and, as a result, your questions are poorly formulated. Regardless, you will not find any people of interest here, as this board consists of retail traders.

If you're looking for IBs, try Wall Street Oasis. You'll find the quants at Wilmott and Nuclearphynance. Good luck finding any bank/fund traders!

I think you will find it difficult to get people of interest to speak, especially admitting violations. If you are in London, why aren't you taking advantage of the local resources?

no offense, but that statement is simply not true. let me correct it for you:

"Regardless, you will not find many people of interest here that are willing to share that kind of information."

ps of course not talking about myself, but I do know of a handful.

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