Why do experienced traders blowup?

Discussion in 'Trading' started by kickboxers, Jun 26, 2008.

  1. I second this notion

     
    #11     Jun 26, 2008
  2. Mate didnt you post recently you had given up trading as it was too hard?
     
    #12     Jun 26, 2008
  3. Why do experienced F1 pilots still crash sometimes?
     
    #13     Jun 26, 2008
  4. Because they are drivers not pilots?
     
    #14     Jun 26, 2008
  5. Because they were on Bridgestone's instead of Michelin's! :p

    :D
     
    #15     Jun 26, 2008
  6. It was rhetorical question actually. :D

    The answer is - because it's life, it's full of what we don't know yet no matter how good we think we are... So life NEVER consists of "white" stripes only...

    And the exact cause can be a confluence of 1000 smallest factors combined which results in a significant event...

    So, IMO the best way not to blow up is to never think that you are super trader and cannot blow up... :D
     
    #16     Jun 26, 2008