there's a saying how people are the average of 5 friends they're closest to
but given the time we spend at work, it figures that the habits/ perspectives/ thought processes of colleagues probably rub off as well
just wondering what are some of the best or worst colleagues you've had over the years and how did that affect your trading?
a decade into this for me, some of the best so far who helped my own approach:
- guy who had all these complex positions no one else understood, but it made sense to him somehow, and he knew that specific segment better than most, which gave him the confidence to put a lot of size behind his ideas. i learned early on from observing his success it's ok to do things with your own flavor/ plan of attack as long as there's a legit reason
- there was also a history major who got into tech stocks, who was never about the minutiae etc but focused on the big picture and overall narrative and more often than not got those right. he was real savvy in the sense of reliably predicting what the market wanted to hear at which point in time, and never let any of his perceived weaknesses stop him from winning in a competitive arena like trading tech stocks
- younger dude who came from lower middle class background who was extremely motivated, put 100% of effort into everything, figured out ways to make money that was creative and the byproduct of him having done so much homework, that kind of energy was infectious to say the least
and then the not-so-good ones:
- there was a (relatively) successful guy who had huge swings in PnL, and whenever he had a drawdown in his strategy there'd be like a toxic cloud around him...yeah more so than within "normal" range lol...everyone else probably noticed it too bc his workspace eventually got moved to a separate area
- and another person (analyst, not trader) who had like the reverse midas touch, in that you knew any idea she pushed was going to flop within a relatively short period of time. those of us who realized this started to avoid those pitches, as didn't want to get our own thought processes affected
but given the time we spend at work, it figures that the habits/ perspectives/ thought processes of colleagues probably rub off as well
just wondering what are some of the best or worst colleagues you've had over the years and how did that affect your trading?
a decade into this for me, some of the best so far who helped my own approach:
- guy who had all these complex positions no one else understood, but it made sense to him somehow, and he knew that specific segment better than most, which gave him the confidence to put a lot of size behind his ideas. i learned early on from observing his success it's ok to do things with your own flavor/ plan of attack as long as there's a legit reason
- there was also a history major who got into tech stocks, who was never about the minutiae etc but focused on the big picture and overall narrative and more often than not got those right. he was real savvy in the sense of reliably predicting what the market wanted to hear at which point in time, and never let any of his perceived weaknesses stop him from winning in a competitive arena like trading tech stocks
- younger dude who came from lower middle class background who was extremely motivated, put 100% of effort into everything, figured out ways to make money that was creative and the byproduct of him having done so much homework, that kind of energy was infectious to say the least
and then the not-so-good ones:
- there was a (relatively) successful guy who had huge swings in PnL, and whenever he had a drawdown in his strategy there'd be like a toxic cloud around him...yeah more so than within "normal" range lol...everyone else probably noticed it too bc his workspace eventually got moved to a separate area
- and another person (analyst, not trader) who had like the reverse midas touch, in that you knew any idea she pushed was going to flop within a relatively short period of time. those of us who realized this started to avoid those pitches, as didn't want to get our own thought processes affected
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