Traders who hacked into companies to steal press releases made millions of dollars in profits by making trades based on the information they obtained, as seen in the case of Caterpillar in 2012. However, this illegal activity eventually caught up to them and led to their downfall.
Understanding the brain's functions during trading can help optimize performance. Specific nutrients can aid brain function, including the firing of particular neurons needed for successful decision making.
A young man shares his vision of making millions by trading derivatives and proving his family wrong.
Traders who reach a height of anxiety and are unable to sleep often liquidate all of their positions and start from scratch, reinforcing the importance of keeping track of capital. Making judicious risk management decisions in a condition of uncertainty requires a dispassionate view of the decision-making process and a healthy disrespect for money.
The speakers discuss the difficulty of building rapidly scaling startups and the potential effects of stopping trading on shorted stocks, while acknowledging the importance of having all available information before impugning motives.
