Hacker News new | ask | show | jobs
by thomnific 3681 days ago
Maybe I'm jaded, but reading this I came away a little disappointed at not learning anything much. A lot of the behaviour seems strange, and yes, a little crooked. But "evil"?

I think a better explanation is hidden in this phrase. The authour writes:

>> Trading is very stressful. I hate it. I would make a bad trade and I would feel my blood pumping all over my body all day long. And then if the trade was a loss I would cry at night. I was so scared all the time. I hated it.

On one hand it makes me feel a little better that this happens to even successful people. But on the other hand, you cannot be a trader with this kind of attitude.

Suffice to say that not everyone has the same problem. Sounds to me like he's justifying his own actions in retrospect, at least a little. Does recounting a grab-bag of fun anecdotes say anything about the real problems in finance? I like James Altucher a lot, but I expected more here!