the.com/trader
a professional gambler who calls it risk management to get a corner office
means A person who buys and sells financial instruments, goods, or assets — often for short-term profit — as their occupation.
from From the verb 'trade,' which entered English in the 1500s meaning a course or track one regularly follows, hence a habitual line of business. It comes from Middle Low German 'trade' meaning a track or course, a cousin of 'tread' — the path you walk repeatedly. So a trader is, at root, someone who walks the same well-worn route to market, again and again. The '-er' simply marks the doer.
- origin
- first traders swapped obsidian across continents 12,000 years ago
- speed
- high-frequency trades execute in microseconds, faster than blinking
- superstition
- many won't change socks during a winning streak
- casualty
- one rogue trader sank 233-year-old Barings Bank
- hours
- forex markets never close, so neither do nerves
jesse livermore — american stock trader who made and lost fortunes in early 1900s, subject of 'reminiscences of a stock operator'
george soros — hungarian-american investor who made $1 billion shorting the british pound on black wednesday 1992
paul tudor jones — american hedge fund manager who predicted and profited from the 1987 stock market crash