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Here is a survey from trader coach in a 2010 survey in which suggests women being the better traders. These numbers appear to be a little "ambitious" for both sexes assuming 90%+ retail traders are assumed losers.....
This is hilarious. 83% profitable, 17% not started yet, 0% not profitable. Even in a small group it's an impossibility. I can't hold my piss in, wet my undies. Gotta change brb.
Other replies are even better. Women better at handling emotions? Have you ever told a woman a story about a puppy that got lost? Have you not seen the tears? Most intelligent guys are like robots, but women? They are the most warm and caring creatures that have ever populated the Earth and thinking they are not emotional is an offense!
Half of replies here come from those who have never seen a woman!
One aspect, which I think haven't been mentioned yet, is that women like certainty and try to avoid uncertainty. Hence, they are not as much attracted by endeavors like trading, poker, etc. They are on average more risk averse than men. That explains a large part of why there are so few of them in trading. But that doesn't mean they are less suited for it.
For instance, I would bet that the ratio of women in institutional trading is higher than in retail trading (giving up a job to trade full-time without having been in the industry before). In institutional trading people are mostly hired right from school and without any clue of what trading is. And if you work for a large bank that doesn't look too uncertain for most.
EDIT: @ReaM: The above is also the reason, btw, why there are more male inventors than women inventors. Inventing things is about taking risks (financial & years spent on something with the risk of no result and the respective opportunity costs). The same applies to entrepreneurship.
So, uncertainty prevented women from inventing the wheel? Or the airplane?
Institutional traders I've seen (TV, YouTube) are all guys.
There was one video of some professor from Oxford or Cambridge saying what makes women different is lack of creativity.
I fully support this statement, because it takes takes a huge amount of creativity to invent a plane or a train or a computer out of stones and trees (that's what's around us before anything was invented) It's boys who use their imagination to invent space ships, lasers, you name it. Women are more grounded, more mature. It may well be that to them we seem more childish, playing with colorful charts and all that! And it would feel very weird if I see a woman playing with transistors... almost wrong.
Well, think about who are considered to be the best writers, sculptors, painters, 'art people' throughout the history. Monet, DaVinci, Faust, Shakespeare, Picasso, Michelangelo. Should I continue?
83% profitable, 17% not started yet, 0% not profitable. Even in a small group it's an impossibility. I can't hold my piss in, wet my undies. Gotta change brb.
