The release listed five possible reasons why women generally do better at financial spread betting, those being:
- Men hate to be wrong and take longer to admit that they have made an error;
- Women are better in a crisis and less emotional because, contrary to popular belief, female traders are more disciplined and less likely to panic;
- Women can more easily say no and sometimes the best trades are the ones you do not make;
- Women read the manual, stick to a strategy and question things that they are uncertain of; and,
- finally, women are measured as opposed to jumping in head first - which men are apparently prone to doing.
I trade equities - and have done since I discovered a savings account my parents opened for me when I was four. They kindly deposited birthday money generously donated by relatives, which, by the time I got to university at 18, accumulated into a nice four-figure bank balance I could access without their permission.
Read more: http://www.businessinsider.com/why-women-makes-better-traders-than-men-2012-11#ixzz3cbDxEmD0
