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Trading seems to have people from a very wide variety of backgrounds and capabilities. I think it's the result of random events being the most significant filt
by semiotagonal 7y ago
Trading seems to have people from a very wide variety of backgrounds and capabilities. I think it's the result of random events being the most significant filtering mechanism. Anyone can get burned on a trade at any time, so staying in the game doesn't really depend on anyone's qualifications or abilities.
- notfromhere 7y agoFeel like for trading you either have it or don't, and no pedigree will save you on a bad trade.
- deleted 7y ago[deleted]
- airstrike 7y agoAnd, if anything, people from less secure socioeconomic backgrounds may feel they stand to lose less by pursuing a riskier career path (and I mean "risk" in the real sense of a broader range of outcomes) than, say, PE or Corporate Law, so they are a larger share of S&T