How often do you inform spouse of P&L?

Discussion in 'Psychology' started by ajensen, Apr 1, 2016.

  1. benwm

    benwm

    I think that gets to the nub of it. No need for the preceding sentences. :D
     
    #31     Apr 1, 2016
  2. carrer

    carrer

    What I meant was when your wife is not a trader, she could not handle the fluctuations of your profits/losses. When you report to her, she would be stressed up.
     
    #32     Apr 1, 2016
  3. When I first started trading, I mentioned a few things to my wife and she said I don't care about any of that, just don't put my money into any of it and you can do whatever you want...sooo that was the end of that lol.

    She was standing next to me talking once early on and I made like $2k in a couple minutes on some crazy option move all while she was standing there, I was ecstatic and interrupted her to tell her what just happened, she said "cool thanks for listening to what I was saying" lmao.
     
    #33     Apr 1, 2016
  4. Treat your wife like the SEC -- full disclosure, no games :confused:
    [​IMG]
    :rolleyes: Trading/investing is not a fairytale land. it's black and white. serious business.
    Trading is a war zone, a battlefield...and if you lose a leg (or gain one :p) ...your wife deserves to know immediately.
     
    Last edited: Apr 1, 2016
    #34     Apr 1, 2016
  5. My wife and I are partners across the board. I have talked openly and regularly (usually over diner) no matter what business I have been in. She has always been open about both her jobs and businesses. It's never a report it's a conversation that I mostly enjoy. She's my girl and I wouldn't dream of leaving her out of any part of my life.
     
    #35     Apr 1, 2016
    yardbird, cheeky, newwurldmn and 2 others like this.
  6. K-Pia

    K-Pia

    FYI _It's said that women are better at trading.
    Even if the sample is smaller than men,
    Overtime, they have been better ...
    So, please, talk to your spouse,
    She may be your edge.
     
    #36     Apr 1, 2016
  7. d08

    d08

    Who says? Trading still is about taking on risk and women are very risk averse for biological reasons. You don't want too much testosterone either because it will cause you to take on too much risk. But if the best traders are women then investment banks would be hiring mostly women.
     
    #37     Apr 2, 2016
  8. K-Pia

    K-Pia

    For sure, especially knowing that they are usually underpaid. But you know ... Even if the big names are masculine... Behind every great man, there's a woman =P

    Here is for the "wh" questions:
    http://www.economist.com/blogs/economist-explains/2014/01/economist-explains-20

    "But overall, the female brain is often said to be better suited to making a killing on trading floors."

    http://www.upi.com/Science_News/201...ers-could-stabilize-the-market/7261457375170/

    "Even though male traders may under-perform female traders, reward schemes in financial firms may still lead to large groups of male traders"
     
    Last edited: Apr 2, 2016
    #38     Apr 2, 2016
  9. Turveyd

    Turveyd

    For me as its hobby pin money at the moment, I say never, i like to spend it on mountainbikes, computers, phones, tablets and ofcourse hookers, so best to keep everything secret :)
     
    #39     Apr 2, 2016
  10. Most women "kill the money made on the trading floor."

    My ex-wife and my GF did never understand what I am doing. Even having a university degree did not help them with that. Spending was much easier to understand.
     
    #40     Apr 2, 2016