What demographic is most likely to lose in trading?

Quote from Visaria:

So going off the 1st post, unless you are male and aged 55-65, forget about trading.

Can you explain why this demographic is the one to be in?
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they are planning their retirement. For example, calculating their retirement plans value, finding a retirement home, or finishing their mid adult chapter.
 
Quote from stockstalkerv3:

Lol, the answer is obvious:

Everyone who makes trading their life career will lose. There's isn't an example of a single man/woman out there who didn't lose it all towards the end (unless they got smart and quit the trading side of the business early on, like Bernard Baruch, Willliam J. O'Neil, Larry Williams, etc.)

Think the universe will let you take money from other people's pockets indefinitely? (People tend to forget the karmic side of trading either b/c they don't believe in karma, or never considered it).
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So Paul Tudor Jones et al are all going to go bankrupt?
 
Quote from emg:

they are planning their retirement. For example, calculating their retirement plans value, finding a retirement home, or finishing their mid adult chapter.
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So because they might sit down with a calculator and a notepad one evening, they are least likely to lose in trading.

ROFLMAO
 
Quote from Visaria:

So because they might sit down with a calculator and a notepad one evening, they are least likely to lose in trading.

ROFLMAO
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who knows
 
think about it though, if u are at the age of 55 yrs old, work for the government since at the age of 31, and plan to retire at the age of 65, would u want to begin a career as a trader?
 
Here is an interesting article:

Sorry, but women can’t trade

8 March 2011


As it’s International Women’s Day and everyone’s bemoaning the fact that women don’t have a better deal in life, I’d like to make a brief point: I have tried to employ women as traders; it doesn’t work.

Much as it pains me to say so, the reality seems to be that women can’t trade prop. Show me a woman who’s a competent prop trader. I’ll show you a man in disguise.

I have tried very hard to disprove this theory.

I have hired plenty of women. None of them have ever stuck at it. They all started off in a very conscientious and analytical manner and were very keen, but after two or three months it was all over.

Why?

I blame two things: emotion and boredom.

When a woman trades, it doesn’t take long before she becomes emotionally involved in what she’s doing. She loses the discipline that’s needed to make money consistently. She fails to maximise profits and fails to minimise losses.

She also becomes bored. Staring at a screen all day doesn’t seem to offer the mental stimulation that a woman requires. Women need interactivity. In my experience, they’re better at relationship-based trading. When it’s just them and the screen, it doesn’t work.

I wish this wasn’t the case. I wish I didn’t have to be the one to point it out. But someone needs to. This isn't a qualitative judgement. In this industry, performance is measured very simply in terms of P&L. I have given a lot of female traders a chance. None of them have taken it.

The author is an anonymous (male) prop trader.
 
The thread opener has offered age, class and gender to decide what group produces losers (rather than winners?) Missing are divisions by ethnicity and physiology (eg brown eyes versus blue eyes).

Lets consider women. There are as many sheep among men as there are among women. However you can successfully deploy young intelligent women in trading with good training and the application of team and leadership principles to fully engage their attention, dedication and loyalty. They are my preference because men can get ideas above their station while their ambition can also make them unreliable.
:)
 
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