When Catastrophe’s happen, there are three kinds of traders. The first kind becomes very religious, chanting “Oh my God, Jesus , Oh my God, Jesus, Oh my, Oh my God”. The second kind becomes paralyzed with fear, like a deer in headlights. The third kind of trader simply trades it, by yelling out Sell short as he or she pushes the send order button. I’ve traded through tsunamis, earthquakes, hurricanes, financial downfalls, circuit breakers, flash crashes, numerous corrections, and will admit that I am now that 3rd kind of trader, yelling out “sell short” right before the tsunami hit Japan, buying Home Depot right before hurricane Sandy hit Long Island, and shorting all the banks before the housing bubble popped. I wasn’t always like this, but years of trading have definitely changed me. It’s my job to trade, just like it’s a fireman’s job to put out a fire, or a policeman’s job to arrest a criminal. After I’m done with my job, I will reflect on the tragedy that has happened and offer my assistance to the unfortunate victims in any way that I can. The question is what kind of trader are you? Happy Trading, The Stock Whisperer
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