british vs. american traders - a non-scientific comparison

[Xela]

I am just curious, what culture does the word or name "Xela" originate from?

Your previous comments, in another thread, suggest that you're far from "just" curious, but in any case a thread in a public message-board is hardly the appropriate location for an irrelevant personal inquisition. This thread isn't about me (and neither was the earlier one in which you started making inappropriate comments about my nationality).

 

[propwarrior]

I may be biased but after watching million dollar traders I don't think many brits have the psychology to be successful traders. They hold moral values, can't handle pressure and are too naive. That's the general idea you get after watching the show.

You make these assumptions based on a TV show designed for entertainment lol. That's like me watching an episode of friends and making judgements on whether Americans are suitable to for certain professions. i have read some tosh on forums but this is right up there.

 

[propwarrior]

I laugh hard at people musing over whether a traders country of residence has a bearing on their suitability for trading. You people just dont get it, people are people.

 

[propwarrior]

zdreg: immigrant Chinese are prominent among prop traders. perhaps they are inherently better risk managers.
by the way, what country are you from?

Could it be they are over represented in prop firms because:

a) their families tend to have plenty of cash savings - it's in their culture to save
b) they are less likely to be in a high paying careers - controversial!
c) immigrants are more willing to take risks to better themselves

and not becuase they are better risk managers and of chinese origin.

 

[MoneyMatthew]

Your previous comments, in another thread, suggest that you're far from "just" curious, but in any case a thread in a public message-board is hardly the appropriate location for an irrelevant personal inquisition. This thread isn't about me (and neither was the earlier one in which you started making inappropriate comments about my nationality).

Alex!!!! Just kidding,I mean't no harm. Sorry.

 

[pinetboltz]

I laugh hard at people musing over whether a traders country of residence has a bearing on their suitability for trading. You people just dont get it, people are people.

but come on! as for anything to do with people/human behavior, there's got to be differences, however subtle.

eg. just to name a few "sociological" differences between uk and 'merica:
- movies: james bond vs. jason bourne
- driving: left vs. right
- football: soccer vs. ...football
- tv series about members of the elite: downtown abbey vs. billions

even the mcdonalds' menus are different (to cater to different consumer preferences?)

so i don't think it's too far of a stretch to think that perhaps there might also be variations in how traders think / approach the markets

 

[Wallace]

Youse missed the standout — 'Charlie'.

Based on his trading record
a fund 'gave' him 50,000,000 to trade on their behalf
was that $s or £s ???
min 39:20

 

[lawrence-lugar]

Youse missed the standout — 'Charlie'.

Based on his trading record
a fund 'gave' him 50,000,000 to trade on their behalf
min 39:20

I wouldn't put too much emphasis, or focus, on that video...I like to think of it as more of 'weird entertainment'.
...Certainly a great, diverse, mixture of random people and personalities -- I must imagine basically all of them are failed traders by now.

 

[GotherL]

I laugh hard at people musing over whether a traders country of residence has a bearing on their suitability for trading. You people just dont get it, people are people.

Different countries have different surroundings that would normally influence an individuals behavior, education & experience more or less. So I don't see why another country couldn't have a higher/or lower percentage of suitability for trading than another.

 

[Xela]

I laugh hard at people musing over whether a traders country of residence has a bearing on their suitability for trading. You people just dont get it

And all the modern-day remote-trading prop-shops who have adopted country restrictions for applicants, on the basis of their long experience: do all of them just "not get it", as well, or is it perhaps possible that there could be one or two valid points in that regard of which you're unaware, yourself? Is it even possible that "seeing whether there might perhaps be something you could learn, here" would be more beneficial to you than "laughing hard at people"? Or do you already know with such certainty that "You're Right And Anyone Who Doesn't Agree With You Is Wrong" that there isn't even any point in your being willing to discuss it at all?