Do females make better traders?

Anyone who asks this question obviously has never worked in a professional trading environment. The answer is HELL NO. If they did I'm pretty sure they would account for more than 1% of the people in my work environment.
 
There's some very well-known research that does suggest that women make better traders. Reason seems to be that women don't suffer from the overconfidence bias and, as a result, trade less frequently and thus lose less on transaction costs.

The paper in question is 'Boys Will Be Boys: Gender, Overconfidence and Common Stock Investment' by Barber and Odean.
 
Quote from zerosum111:

Anyone who asks this question obviously has never worked in a professional trading environment. The answer is HELL NO. If they did I'm pretty sure they would account for more than 1% of the people in my work environment.
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Not necesserily. Who are the better carsalesme... I mean sales persons, males or females?

Now before you answer that answer this: How many female carsale person do you know or ever seen? See? Just because they are underrepresented in a certain industry, that doesn't mean they are not better at that certain task. probably they just don't like that type of work and enviroment...
 
Some hedge funds did experiments - give female hormones to some male traders and Ph.D. quants who could not deliver consistent results. The result was positive but the practice is not widely spread because of potential legal issues.
 
Quote from bat1:

Woman seem to have more insight and looks then guys :)
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Women have less testosterone, therefore they are less agressive and more conservative.

Women are less likely to blowup, as a result.
Most traders blowup so they clearly have an edge.
 
Quote from bighog:


PS: fast forward to this century. Women today are in college more than men. Women are taking over many profession men had a grip on for years and years. After doctors and lawyers, women will get into trading more and more. Women no longer are confined to marry a couch potatoe. They are controlling more money every year, men are falling way behind. Deal with it. :D
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I am trying to capitalize on that, it's a unique chance for us...

In no time, all we will have to do is to be handsome, attractive and hopefully sell our body to those bitches who thinks money can buy everything...

I'm so high maintenance that they'd better work their booties off.

:D
 
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