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Can't traders become adept politicians?

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  #1 (permalink)
iqgod's Avatar
Mumbai, India
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I first thought of asking - "Can traders become good politicians?" however the adjective good seemed inappropriate.

The Mae West quote seems appropriate:
In West's first scene, a hat check girl exclaims, "Goodness, what beautiful diamonds." West replies, "Goodness had nothing to do with it, dearie."

However coming back to the topic, I think traders have excellent odds to become successful politicians. Why?

- Traders are masters of subterfuge, so are politicians

- Traders are COMPLETELY dog eat dog in their profession, so are politicians (both can be socially active, philanthropists outside the career but this applies only to the professional life)

- Traders and politicians are both type A personalities.

Many more reasons but I hope this kindles your interest and makes you think of more reasons!

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  #3 (permalink)
desert CA
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good, fun topic Iqgod.

I'm not sure. Trading is less aggressive for me as it's more like shooting at computer targets than people or gambling on video blackjack or poker. To me it has to be a boring graphics i.e. candlesticks impersonal game or I couldn't win at all as I suck in most head on head sports like tennis, psychologically as I'm no type "A" person. More like navigating or "flying" through some "natural" phenomenon. Al Brooks likes to say bouncing and flowing through a river rapid. Traders also have to face the truth of an outcome. I could agree with the subterfuge aspect. Not sure about retail trading, but HFT and big accumulators and distributors can spread their trades out and do fake-outs. Shady deals and insider trading and 15 ms heads-up that HFT takes advantage of. Taking out stops or knowing where to enter after many others' stops were taken.

Maybe the vendor side is more like it. Or dubious vendors who used to be traders or tried to be. They can "obscure" the truth of results. Sell a lot of dreams to unsuspecting newcomers to the "issues". Keep people hanging on and believing them as they can be outspoken and charismatic etc. my 2c

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