A short YouTube commentary (by Kardec Trader) examining why traders develop large egos, especially among men. The speaker links ego-driven behavior to competitive, high-variance trading (notably forex historically and options trading after 2020), describing rapid large gains and losses that fuel bragging, finger-pointing, and social drama within trading communities.
Chapters
I think traders, because it's so much ego. You're putting majority of men, like, it's 98, 99% of men into a space with ego. It's just always like, I'm right, I'm right. I'm like, bro, just be here, make money, Shut up, go on about your day. Who's here for the high school drama nonsense. And I see it happen, especially in our space, because I used to see it in forex all the time. After 2020, when options got introduced, everyone started just going at each other. Because options, you can make a thousand percent, but if you're wrong, you can lose all that money in like 10 minutes. So in simple terms, if you're putting $3,000 into an option, you're making an assumption if it's going to go up or down to this price point, and if it goes in your in like five minutes, that 3,000 could be like 9,000. Like, oh my God, I'm the man. I just made 100%. Then they lose money and they start pointing fingers. So in our world, it started happening a lot in 2020.