Do Traders have a high alcoholic Rate?

I am a little suspicious of people afraid of alcohol, they just seem a little too uptight to me. Studies have shown that greater health and longevity occurs among moderate drinkers, somewhat due to the physical benefits but more to do with emotional makeup IMO.

Remeber Hitler would not drink but Churchill did quite a lot. Of course though too much is bad, just as too much food or excercise is bad as well.

I have made my choice, I both excercise and drink.
 
IMO...drinking during the day is strictly for losers. I don't care who you are or how long you've been trading.

I mean, we all know that trading is a difficult business when you are firing on all cylinders! So when someone gives themselves a additional handicap--like alcohol during market hours...that can only mean one thing: they are EXPECTING to lose.

And such expectations usually become self-fulfilling.

Hey...if you want some recreational action--drink in hand--go to Vegas. But don't foul your own professional nest.

saxon
 
Quote from Rearden Metal:

My cousin is one of the scientists who worked on the Human Genome Project. He recently discovered a gene, unique to people of European-Jewish ethnicity, that renders us far less likely to become <b>problem drinkers/alcoholics.</b> (That's not to say that Jews don't drink.) Think about it, how many Jewish alcoholics & violent drunks have you ever met?

Don't call the P.C. police on me, I'm just relating an interesting scientific fact.
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One who produces a higher level of the enzyme alcohol dehydrogenase can tolerate more without becoming alcoholic or even tipsy.

Asians and American Indians have low levels... women generally have less than men.

All of that aside, having a few won't impare trading on soundly based principles. (But if you're going to partake, drink the good stuff. Life is too short to trade on cheap beer.):D
 
I'm in college and I trade equities full time. I have yet to be drunk during the day but have stayed out drinking into the wee hours of the morning and always feel great waking up and doing the opening :D
 
I honestly believe the people that are alcholoics and are traders could possibly suffer from compulsive disorders. Trading is stressful, positive outlets are needed otherwise people will seek out negative ones. I eat sweets after a good or bad trade. Have I considered going to overeaters anonymous, yes. Sometimes I am good and go to the gym instead. When I trade poorly I am my own worst enemy, not the markets!
 
Quote from Perseus:



Remeber Hitler would not drink but Churchill did quite a lot. Of course though too much is bad, just as too much food or excercise is bad as well.
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Now comes something you probably didn't know: Hitler was a filthy tweeker. He received multiple amphetamine injections daily.

I never make shit up. Look it up if you want.
 
Quote from millydog:

Hey I Have been bartending in an upscale restaurant for 10 yearsin one of the wealthiest towns in the country. Most of my regulars consists of Brokers, traders, CEO's, and some of the wealthiest people in America. I am amazed at how rampant alcoholism is in our society. So many otherwise successful people are wasting a good part of their lives away getting drunk and talking to plain old me. You would not believe how bad it is.
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You gotta tell us some stories. Do the rich guys on average tip well? What kind of people are the worst tippers? What was the largest tip you got?
 
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